Republicans get their IRS cuts; Democrats say they expect little near-term impact
While Republicans seek to make good on campaign promises to cut IRS funding through the proposed debt ceiling and budget cuts package now moving through Congress, Democrats are offering assurances that the spending cuts will have little impact on the federal tax collector
2023-06-01 12:19
The global economy has likely been spared a US debt default. It still faces a mountain of risks
With the threat of an unprecedented US debt crisis receding fast, the global economy looks to have dodged a huge shock. But there are still plenty of storm clouds darkening the outlook.
2023-06-01 12:17
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Asian benchmarks are trading mostly higher after the United States House approved a debt ceiling and budget cuts package, avoiding a default crisis
2023-06-01 11:53
IMF urges BOJ to keep ultra-low rates, but be ready to shift course
By Leika Kihara TOKYO The Bank of Japan must keep monetary policy ultra-loose as it will take time
2023-06-01 11:46
Sri Lanka Cuts Rate First Time in 3 Years as Inflation Cools
Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central
2023-06-01 11:27
Asia’s Super Rich Plan to Invest More in Greater China, UBS Says
Asia’s ultra-rich clans are poised to invest more in China after retreating in 2022, according to research from
2023-06-01 11:23
Asia's factories struggle for momentum amid patchy recovery
By Leika Kihara TOKYO Factories in Asia's largest economies stepped up a gear in May as supply chain
2023-06-01 11:18
Preventing the Effects of Climate Change: EliTerra®, a Technological Platform Dedicated to Biosolutions That Reduce the Water Needs of Field Crops
MOULINS-SUR-TARDOIRE, France--(BUSINESS WIRE)--May 31, 2023--
2023-06-01 11:17
Elon Musk is once again the world's richest man
Elon Musk has reclaimed his position as the world's wealthiest person.
2023-06-01 10:22
Sri Lanka cenbank unexpectedly cuts rates by 250 bps on improving inflation outlook
COLOMBO Sri Lanka's central bank caught markets off-guard by cutting its key rates by 250 basis points on
2023-06-01 10:20
Australia business investment up 2.4% in Q1
SYDNEY Australian business investment rose strongly in the March quarter, helped by a jump in spending on mining,
2023-06-01 09:49
South Korea exports fall for 8th straight month as chip slump continues
SEOUL South Korea's exports fell for an eighth straight month in May in annual terms, although less than
2023-06-01 09:24