Macklem Says Neutral Rate Likely Drifting Higher in Canada
Bank of Canada Governor Tiff Macklem said the neutral rate of interest is likely rising, and he wasn’t
2023-11-02 08:56
Japan's Kishida announces $113-billion package to combat inflation pain
By Yoshifumi Takemoto TOKYO Japanese Prime Minister Fumio Kishida said on Thursday the government will spend over 17
2023-11-02 08:53
Sustainable cotton group boosts tracking for top retailers
By Ross Kerber Swiss-based sustainability group Better Cotton said on Thursday it has added new functions to a
2023-11-02 08:26
Korea’s Inflation Accelerates, Challenging Central Bank View
South Korea’s inflation unexpectedly accelerated in October, reinforcing the case for the central bank to keep its restrictive
2023-11-02 08:24
Mahathir Advocates Currency Peg With Ringgit Lowest Since Crisis
Former Malaysian premier Mahathir Mohamad said the country should consider pegging its sinking currency to the dollar, repeating
2023-11-02 08:15
Bond Selloff Close to Over as Fed Is About to End Hiking Rates
The selloff in US debt appears close to being over as the Federal Reserve nears winding up its
2023-11-02 07:29
Brazil central bank cuts rates by 50 bps, signals further reductions ahead
By Marcela Ayres BRASILIA Brazil's central bank cut its benchmark interest rate by 50 basis points on Wednesday
2023-11-02 06:27
Airbnb earns $4.4 billion in 3Q thanks to tax break and higher-than-expected revenue
Airbnb says it made nearly $4.4 billion in the third quarter on better-than-expected revenue and a tax benefit
2023-11-02 05:56
DoubleLine's Gundlach expects interest rates to fall as US economy worsens
DoubleLine Capital CEO Jeffrey Gundlach expects interest rates are about to trend lower as the U.S. economy deteriorates
2023-11-02 05:49
Pope Francis says he'll spend 3 days in Dubai for COP28 climate conference
Pope Francis says he will go to Dubai for three days during the COP28 climate conference hosted there
2023-11-02 05:25
Walmart pledges $1 million aid for Israel victims
By Siddharth Cavale NEW YORK Walmart Foundation, the philanthropy arm of the U.S. retailer, has pledged $1 million
2023-11-02 04:54
DoorDash orders surge 24% in the third quarter, helping the company narrow its losses
DoorDash reported better-than-expected sales in the third quarter as it gained users and they ordered more frequently
2023-11-02 04:52