Kenyan Taxpayers to Bear Brunt of President Ruto’s Big Spending Plans
Kenyan President William Ruto intends ramping up government spending on initiatives ranging from increasing access to affordable housing
2023-06-16 16:48
Economists See Rising Chance of ECB Hiking Rates in September
Economists see a greater chance that the European Central Bank will deliver two more interest-rate increases — extending
2023-06-16 16:28
Orban Steps Up Talk to Steer Hungarian Savings to Forint Bonds
Prime Minister Viktor Orban called on Hungarians to put their savings in government bonds rather than bank deposits,
2023-06-16 15:57
EU Takes Tougher Stance on Huawei as China Tensions Rise
The European Commission is increasing the pressure on member-nations to stop using Huawei Technologies Co. and ZTE Corp.
2023-06-16 15:47
Nagel Says ECB May Need to Keep Raising Rates After Summer Break
The European Central Bank might have to continue with interest-rate increases after the summer, according to Bundesbank President
2023-06-16 15:25
Abu Dhabi’s G42, Israel’s Viola Launch Tech Talent Venture
Abu Dhabi artificial intelligence firm G42 and Israeli technology investment firm Viola Group said they have set up
2023-06-16 15:25
Vietnam Delivers Another Rates Cut to Spur Faltering Economy
Vietnam’s central bank will implement a fourth round of monetary policy easing effective Monday to spur an economy
2023-06-16 14:58
Tesco Sees Signs UK Inflation Starting to Ease as Sales Rise
Tesco Plc Chief Executive Officer Ken Murphy said he’s seeing signs that grocery inflation is starting to ease
2023-06-16 14:58
Bundesbank Sees No All-Clear on Inflation Despite Softer Outlook
Bundesbank President Joachim Nagel said it’s too soon to sound the “all-clear” on inflation even as the German
2023-06-16 14:56
This Week in China: Market Sees Stimulus as Too Little Too Late
Beijing is switching to stimulus mode with clear intensity. Yet the response from investors, who’ve called for stronger
2023-06-16 14:29
Cathay Pacific Adjusts Pilot Pay to Make Up for Shorter Flights
Cathay Pacific Airways Ltd. adjusted its pay mechanism for pilots, many of whom have criticized the company following
2023-06-16 14:20
European Commission Urges Germany, Others Not to Dig In on Stricter EU Debt Rules
European Economy Commissioner Paolo Gentiloni urged governments to set aside rigid positions on the reform of the bloc’s
2023-06-16 14:17