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US Fed official says more rate hikes necessary
US Fed official says more rate hikes necessary
A senior US Federal Reserve official said Thursday that additional interest rate hikes are needed to...
2023-06-22 23:59
Banks report continued pain on commercial real estate loans
Banks report continued pain on commercial real estate loans
By Matt Tracy A number of U.S. banks saw continued pain in the third quarter on delinquent commercial
2023-10-19 04:27
Japan sends yen soaring and stocks tumbling with hint it could join rate-hiking party
Japan sends yen soaring and stocks tumbling with hint it could join rate-hiking party
Japan's central bank kept interest rates unchanged Friday despite rising inflation but hinted that it could gradually abandon years of ultra-cheap money, sending the yen soaring and stocks tumbling.
2023-07-28 16:58
With oil prices slumping, OPEC+ producers weigh more production cuts
With oil prices slumping, OPEC+ producers weigh more production cuts
The major oil-producing countries led by Saudi Arabia and Russia are deciding whether to make more cuts to the amount of crude they supply to the global economy
2023-06-04 15:27
Stellantis wants Italy government support to hit million model mark
Stellantis wants Italy government support to hit million model mark
By Giulio Piovaccari MILAN Stellantis CEO Carlos Tavares said a production target of one million vehicles in Italy
2023-07-26 22:29
China Defense Chief Slams US, Vows Beijing Will Defend Interests
China Defense Chief Slams US, Vows Beijing Will Defend Interests
China’s Defense Minister Li Shangfu used a speech in Singapore to attack US strategy toward the Indo-Pacific, saying
2023-06-04 10:58
Russia Latest: Putin Set to Speak at ‘Strong Ideas’ Forum
Russia Latest: Putin Set to Speak at ‘Strong Ideas’ Forum
President Vladimir Putin continues a campaign to undercut any sympathy toward Wagner leader Yevgeny Prigozhin and project a
2023-06-29 16:23
Paris mayor to stop using 'global sewer' X
Paris mayor to stop using 'global sewer' X
Paris Mayor Anne Hidalgo said on Monday she was quitting Elon Musk's social media platform X, formerly known as Twitter, which she described as a "global sewer"...
2023-11-27 21:26
Wanda Raises $314 Million From Asset Sale Just as Bond Matures
Wanda Raises $314 Million From Asset Sale Just as Bond Matures
Dalian Wanda Group Co. sold a stake in one of its entertainment units for 2.26 billion yuan ($314
2023-07-24 07:28
Central banks' rate hike push slips into August lull, EM diverging
Central banks' rate hike push slips into August lull, EM diverging
By Karin Strohecker and Vincent Flasseur LONDON Central banks across major developed and emerging economies took a breather
2023-09-05 00:52
China's Xpeng to take over Didi's autonomus vehicle unit, eyeing 2024 launch
China's Xpeng to take over Didi's autonomus vehicle unit, eyeing 2024 launch
HONG KONG China's car hailing giant Didi said it is selling its autonomous vehicle unit to electric car
2023-08-28 09:22
Finland Warns Border to Be Sealed If Russia Keeps Up Pressure
Finland Warns Border to Be Sealed If Russia Keeps Up Pressure
Finland’s government will close its one remaining crossing point with Russia if its neighbor continues with a hybrid
2023-11-24 04:22