Beset by domestic economic woes, China's Xi visits South Africa in just his second trip abroad this year
Chinese leader Xi Jinping heads to South Africa Monday on a trip intended to bolster Beijing's influence among developing and emerging nations, as ties with the United States remain deeply strained and economic troubles bubble up at home.
2023-08-21 09:55
China’s Low Births, Weaker Growth Cut Infant Formula Demand, Says A2
China’s falling birth rate and sluggish economic recovery are expected to cause a double-digit decline in the country’s
2023-08-21 09:53
China cuts key interest rate in bid to revive economic growth
China has cut one of its main benchmark lending rates for the second time this year, in a bid to revive economic growth in the world's second largest economy.
2023-08-21 09:48
Asia braces for disappointment on China rate cuts
By Wayne Cole SYDNEY Asian markets held their breath on Monday as investors waited to see how serious
2023-08-21 09:28
BOJ’s Record-Bond Buying Is Driving Need for Yield-Curve Tweaks
The Bank of Japan is purchasing government bonds at a record pace this year, a factor that likely
2023-08-21 09:19
US Insurance Giant Marsh Set for $448 Million Honan Deal
Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to
2023-08-21 09:15
Oil prices flat as rates anxiety, China gloom offset tighter supply
By Florence Tan SINGAPORE Oil prices were steady on Monday with Brent staying above $80 a barrel, as
2023-08-21 09:15
Oil Steady After Weekly Loss on Concern Over Chinese, US Demand
Oil was steady after its first weekly loss since June, with macroenomic concerns outweighing signs of a tight
2023-08-21 08:58
Libya’s central bank announces reunification after nearly a decade of division due to civil war
Libya’s central bank has announced its reunification after being split for nearly a decade due to the country’s long-running civil war that resulted in two rival administrations, in the east and the west
2023-08-21 08:57
South Korea’s Early Trade Data Indicate Export Gloom Continues
South Korea’s early exports kept declining in August in the latest sign of lackluster global trade. Daily shipments
2023-08-21 08:55
Dollar gains intact as traders eye Jackson Hole
By Tom Westbrook SINGAPORE The dollar began on a firm footing on Monday, following five straight weeks of
2023-08-21 08:53
Ambani’s $20 Billion Financial Unit Set to Debut in Mumbai
Shares of Jio Financial Services Ltd., a unit of Reliance Industries Ltd., are set to debut in Mumbai
2023-08-21 08:52