Asian markets struggle as traders unmoved by US inflation data
Asian markets were mixed Thursday as investors shrugged at data showing US inflation fell further but only marginally, suggesting the Federal Reserve still had much to do...
2023-05-11 10:55
India’s Top Builder Bets on $1.5 Billion Return From EV Push
Larsen & Toubro Ltd.’s engineering services arm is ramping up investments in self-driving and electric vehicle technologies, betting
2023-05-11 10:54
China Asks State Banks to Cut Deposit Rate Ceilings From May 15
China has asked its commercial banks to cap rates offered on some deposits from next week, in its
2023-05-11 10:53
Ueda’s BOJ Subtly Changes English Translation in New Era Signal
The Bank of Japan has adopted a new word in English to describe its stance of continuing with
2023-05-11 10:52
Trump plays down consequences of a US default: 'Could be maybe nothing'
By Tim Reid Republican former President Donald Trump on Wednesday played down the severity of a potential U.S.
2023-05-11 10:45
Inflation-fighting Bank of England eyes 12th rate hike
The Bank of England is forecast Thursday to deliver its twelfth straight interest rate hike as it seeks to dampen high inflation but...
2023-05-11 10:45
China's consumer inflation slows to over 2-year low, factory gate deflation deepens
BEIJING China's consumer prices rose at the slowest pace in more than two years in April, while factory
2023-05-11 10:30
Foreign Carmakers May Lose China Market Share on EVs: Greenpeace
The world’s largest car market is rapidly going electric, and automakers risk losing sales if they don’t follow
2023-05-11 10:29
Copper Tax Hike Approved in Chilean Senate, Heads to Lower House
Chile’s Senate approved a bill to raise taxes for copper producers as the left-leaning government attempts to increase
2023-05-11 10:26
Amazon to receive $1 billion in tax breaks in eastern Oregon for new data centers
Officials in a rural county in northeastern Oregon have voted to give tax breaks worth an estimated $1 billion to Amazon for five more data centers there
2023-05-11 10:21
Biden Presses for China Contact Despite Risks of Losing Leverage
The Biden administration is trying to make it hard for China to say no to engagement by seeking
2023-05-11 10:18
Philippine Economy Expands at a Faster-Than-Expected 6.4% Pace
The Philippine economy expanded faster than expected in the first quarter, with consumer spending defying elevated inflation and
2023-05-11 10:15