Argentina Lifts Wages, Welfare in Defiance of IMF Austerity Push
Argentina’s Economy Ministry announced measures to improve government workers’ salaries and funnel money toward retirees and poorer families,
2023-08-28 09:49
Oil Edges Higher as China Stimulus Moves Offset Demand Concern
Oil rose for a third day after China announced measures to boost its stock and property markets, helping
2023-08-28 09:26
Didi Sells Smart Car Arm to China’s Xpeng for $744 Million
Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion
2023-08-28 09:24
Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting
2023-08-28 08:58
Fortescue’s Iron Ore CEO Resigns After Less Than Six Months
Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had
2023-08-28 08:55
Flagging Growth Fuels Tensions Clouding Vietnam Premier’s Future
While disagreements are common between elected leaders and central bankers, they’re unusual in one-party, Communist-run nations. When they
2023-08-28 08:19
Hyundai Faces New Pressure Campaign from Southern Labor Groups
Hyundai Motor Co. is facing a pressure campaign from a coalition of labor groups and civil rights groups
2023-08-28 07:56
Asia Stocks Set for Small Gains; Currencies Steady: Markets Wrap
Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal
2023-08-28 07:29
Tech-Reliant Won Counts on Boost From Nvidia’s Sales Forecast
AI chipmaker Nvidia Corp.’s better-than expected earnings may be the catalyst the tech-reliant Korean won is looking for.
2023-08-28 06:54
China’s Worsening Economic Slowdown Is Rippling Across the Globe
China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown
2023-08-28 05:50
At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained —
2023-08-28 04:52
Germany’s Ruling SPD to Push for Stricter Rent Caps, Bild Says
Germany’s ruling Social Democratic Party will vote on a proposal for lower limits on rent increases as a
2023-08-28 04:47