Asian shares are trading mostly higher ahead of potentially market-moving developments, including a U.S.-China summit and data releases in the U.S., Japan and China

French Finance Minister Bruno Le Maire warned that the country’s borrowing costs would rise if it is downgraded

FORT WORTH, Texas--(BUSINESS WIRE)--Aug 23, 2023--

By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever. The Reserve Bank

China has named an economist who studied at Cambridge University and Harvard University to a key political post at its central bank that could position him to eventually replace governor Yi Gang.

The global economy is facing tremendous uncertainty from the war between Hamas and Israel in the Middle East, on top of the ongoing war between Russia and Ukraine. Those conflicts don't just threaten the regions where they're unfolding; they may also fray the weakening interconnectedness that remains among the world's largest economies.

Investors continued to pile into some Korean stocks seen as related to superconductors amid claims about a breakthrough

The Dutch bicycle maker VanMoof, which won design awards for its stylish electric bikes, has been declared bankrupt

Sanofi’s prescription drug Dupixent showed additional promise in helping patients with a chronic lung disorder breathe better and

Labor unions have staged a day of protests and strikes across the Czech Republic to voice their opposition to the government’s package of cuts and austerity measures meant to keep the ballooning deficit under control

Banks from four Arab countries are interested in investing in Lebanon’s struggling banking sector, which has been hard-hit by the small nation’s three-year economic meltdown

Some Airbus passenger jets will need to have their engines removed and inspected in the coming months because engine maker Pratt & Whitney is finding a problem with metal powder used in some parts