US Consumer Long-Term Inflation Expectations Hit 12-Year High
US long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting
2023-05-12 22:24
Economists See South Africa Skirting Recession in First Quarter
South Africa’s economy probably avoided a technical recession in the first quarter, despite more intense power outages. A
2023-05-12 19:55
Music Streaming Has a $2 Billion Fraud Problem That Goes Beyond AI
Staring at his computer screen, Kristoffer Rom couldn’t believe the numbers rolling in from Spotify. A year and
2023-05-12 19:26
Norway Economy Shows Resilience With Growth in First Quarter
Norway’s economy continued to grow in the first quarter, adding evidence that it remains more resilient to soaring
2023-05-12 16:50
China Bond Watchdog Probes Major Banks’ Debt-Issuance Work
Probes were announced this week against at least three major Chinese banks amid stepped-up efforts to address long-standing
2023-05-12 10:54
China’s Copper Woes Damp Spirits of Traders in Asia
Asia’s copper industry meets in Hong Kong next week to discuss a market that should be bursting with
2023-05-12 07:46
Apple Partner Hon Hai’s Profit Misses Despite iPhone Rebound
Hon Hai Precision Industry Co. reported its third consecutive quarterly profit miss, after Apple Inc.’s main assembler succumbed
2023-05-11 16:57
Norway to Raise Oil Wealth Spending to Protect Welfare Services
Norway plans to raise spending of its $1.4 trillion sovereign wealth fund, citing the need to protect welfare
2023-05-11 14:55
Apple Is Now the Only Major Phone Brand Without a Foldable Model
Apple Inc. is now alone among global smartphone brands without a foldable device in its portfolio, putting it
2023-05-11 08:45
US inflation below 5% for first time in two years
Prices rose 4.9% over the 12 months to April, the latest figures show.
2023-05-10 21:16
Norway Irks Wind Power Investors With Plan to Slap 40% Tax
As the US and EU throw billions at building out the industry needed for the transition to a
2023-05-10 20:20
Eskom Head in China as South Africa Grapples With Acute Outages
Eskom Holdings SOC Ltd.’s acting chief executive officer traveled to China, as the South African state-owned utility implements
2023-05-10 17:48