Why any debt deal could be just the beginning of the treacherous road to avoiding default
Just six days remain before America could run out of money to pay its bills in a calamity that could trigger a recession and global economic turmoil. Deep divisions remain between the White House and House Republicans over a potential deal under which Congress would vote to raise the government's borrowing limit in exchange for capping spending.
2023-05-26 12:18
North Korea to Send More IT Workers Abroad to Fund Arms, US Says
North Korea is ramping up efforts to deploy information technology workers overseas as it increasingly relies on cyberattacks
2023-05-26 08:27
Bank of England's Haskel says policy should lean against inflation stickiness
LONDON (Reuters) -The Bank of England needs to push back against the risk that high inflation proves unexpectedly sticky, and
2023-05-26 01:23
Crypto Mogul Do Kwon’s Bail Is Revoked in Montenegro
A Montenegrin court revoked a bail application from former crypto mogul and Terraform Labs co-founder Do Kwon, keeping
2023-05-25 16:24
Bank of Korea Holds Rate, Lowers Growth View as Risks Mount
The Bank of Korea left its policy rate unchanged for a third straight meeting and lowered its growth
2023-05-25 10:56
AI Frenzy Helps Asia Tech Exporters’ Shares Beat US Growth Woes
Investors are snapping up shares of Asia’s technology hardware exporters, bolstered by interest in artificial intelligence and signs
2023-05-25 09:24
EV Battery-Maker SK On to Raise $944 Million to Ramp Up Capacity
SK Innovation Co.’s battery unit will raise as much as $944 million from financial investors in a bid
2023-05-24 17:59
Korea Space Race Heats Up as North and South Plan Launches
The two Koreas are in a space race. The North is upgrading its space center to accommodate the
2023-05-24 15:45
Korea Tackles Property Risk With Loan Conversions for Brokerages
South Korea wants brokerages to swap short-term risky property debt for longer term borrowings, in bid to counter
2023-05-24 13:00
Chinese Stocks Close to Erasing 2023 Gain as Headwinds Intensify
Chinese stocks fell, with the benchmark index close to erasing its gains for the year, as a weaker
2023-05-24 10:46
Indian banks start exchanging withdrawn 2,000-rupee notes
The 2,000-rupee notes have been withdrawn, sparking concerns and confusion.
2023-05-23 14:57
Judge throws out shareholder lawsuit against Elon Musk over Twitter buyout
By Jonathan Stempel A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter
2023-05-23 11:30