Shanghai Plant Burns 800 Tons of Coal an Hour to Keep City Cool
On a sprawling riverside industrial complex about 10 miles (16 kilometers) from Shanghai’s gleaming downtown skyscrapers, a massive
2023-06-16 11:49
UBS Cuts China Growth Forecast to 5.2% After Disappointing Data
UBS Group AG lowered its forecast for China’s gross domestic product growth this year as the property rebound
2023-06-16 10:52
US Economy Is Still Hanging Tough But Showing Signs of Slowing
The US economy is holding up but losing steam. While an advance in retail sales last month exceeded
2023-06-15 23:25
‘Badly Scarred’ Investors Need to See If Nigeria Is a Buy
A lightening-fast policy reset from Nigeria’s newly elected president has placed Africa’s biggest economy back on the radar
2023-06-15 20:54
BOE Issues Fresh Warning Over Risks in Pension Transfers
The Bank of England has warned firms offloading pensions in a multibillion-pound market that they need to improve
2023-06-15 18:27
Taiwan Pauses Rate Hikes as Focus Shifts to Flagging Economy
Taiwan’s central bank kept its key rate on hold for the first time since 2021 at its board
2023-06-15 16:49
Nigeria’s President Suspends Head of Anti-Corruption Agency
Nigerian President Bola Tinubu suspended the head of the nation’s anti-corruption agency, the latest in a series of
2023-06-15 15:20
Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
2023-06-15 13:21
China Youth Jobless Rate Hits Record 20.8% in Challenge for Policymakers
China’s youth jobless rate edged up to a fresh record in May as the economy’s recovery slowed, adding
2023-06-15 12:54
New Zealand: Economy slips into recession after interest rate hikes
The country's central bank has aggressively raised interest rates since October 2021.
2023-06-15 11:52
Australian Jobs Surge Boosts Rate-Hike Bets as Inflation Lingers
Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to
2023-06-15 11:28
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:15