Philippines Markets Debut Islamic Bond Helped by Drop in Spreads
The Philippines marketed its first US-currency Islamic note, aiming to expand its funding base and capitalizing on a
2023-11-29 20:28
US Mortgage Applications for Home Purchases Rise for Fourth Week
US mortgage applications for home purchases increased for a fourth week, the longest stretch of gains since March
2023-11-29 20:15
GM says pretax earnings took $1.1B hit from autoworkers strike, but says it can absorb costs of deal
General Motors says pretax earnings took a $1.1 billion hit this year from a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend
2023-11-29 19:57
Putin’s Daughter Pursues Digital Plan in Push to Embrace Africa
Russia is stepping up its pursuit of closer ties with Africa by offering digital expertise in a strategy
2023-11-29 19:50
EU’s Jourova Praises Ukraine’s Anti-Graft Effort
European Commission Vice President Vera Jourova sees an effective anti-graft system emerging in Ukraine as the war-torn nation
2023-11-29 19:27
Emirati-designated COP28 leader forcefully denies report UAE wanted to seek oil deals in summit
The Emirati president-designate for the upcoming United Nations COP28 climate talks has forcefully denied a report alleging his nation planned to use the summit to strike oil and gas deal, a day before the summit was due to being
2023-11-29 19:20
India Allots $142 Billion for Free Grains to 800 Million People
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic
2023-11-29 18:48
Rising Taxes to Squeeze UK Living Standards for Longer, OECD Says
Rising taxes mean UK households face several more years of falling living standards even though inflation is coming
2023-11-29 18:26
OECD Warns Global Economy Risks Losing Momentum
The world’s advanced economies are heading into a deepening slowdown as markedly higher interest rates take a hefty
2023-11-29 18:23
The world economy will slow next year because of inflation, high rates and war, OECD says
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates
2023-11-29 18:22
Sweden's economy shrinks in the third quarter to signal that a recession may have hit the country
Sweden’s economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country
2023-11-29 17:59
Binance’s Reboot Faces Test in Thailand After $4.3 Billion US Fine
Binance Holdings Ltd.’s attempt to turn the page on costly regulatory violations faces a test in Thailand, where
2023-11-29 17:57