Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
The Federal Reserve will likely need to raise interest rates further and hold them higher for some time
2023-05-12 15:20
Rand Extends Slump as South Africa’s Row With US Puts Trade Ties at Risk
The rand slumped to its weakest level on record against the dollar as a diplomatic row between South
2023-05-12 15:18
GSK Raises $1 Billion Selling Shares in Haleon Consumer Spinoff
GSK Plc raised £804 million ($1 billion) selling a stake in Haleon Plc, the consumer health-care division it
2023-05-12 14:54
THG Ends Talks With Apollo in Latest Failed Takeover Attempt
THG Plc has ended talks with Apollo Global Management Inc. in the latest failed takeover attempt of the
2023-05-12 14:48
China Housing Rebound Fizzling Shows Risks to Economic Recovery
China’s housing market sales is regressing after a brief recovery, underscoring the challenges the world’s second-largest economy is
2023-05-12 14:28
Australia's trade minister visits China to lobby for 'full' restoration of trade
Australia's trade chief has arrived in China to lobby for the removal of curbs from its top trading partner, three years after relations soured when the previous administration in Canberra called for an investigation into the origins of Covid-19.
2023-05-12 14:25
China cbank set to keep policy rate unchanged in May
SHANGHAI/SINGAPORE China's central bank is likely to keep its medium-term policy rate unchanged when rolling over such maturing
2023-05-12 13:48
Norwegian Air reports Q1 loss, eyes seasonal summer boost
By Victoria Klesty OSLO (Reuters) -Norwegian Air reported a first-quarter loss on Friday, and said strong booking numbers would give
2023-05-12 13:47
Earnings Surge for Main Thai Airlines as Tourists Flock Back
Thai Airways International Pcl and Bangkok Airways Pcl reported a surge in first-quarter earnings as tourists flocked back
2023-05-12 12:59
Top Chinese Smartphone Maker Exits Chip Design as Sector Reels
Oppo, China’s biggest domestic smartphone maker, is closing its chip design business as the global smartphone market extends
2023-05-12 12:56
Hong Kong’s Gaw Eyes More Japan Property Deals on TSMC Push
Hong Kong-based private equity firm Gaw Capital Partners is exploring real estate deals in Japan’s western island of
2023-05-12 12:20
Bitcoin Dips to Lowest Since March After Falling for a Second Straight Day
Bitcoin fell for a second day on Friday, at one point dropping to the lowest level in more
2023-05-12 11:58