German economy enters recession
BERLIN (Reuters) -The German economy contracted slightly in the first quarter of 2023 compared with the previous three months, thereby
2023-05-25 14:53
Hong Kong-flagged vessel briefly runs aground in Egypt's vital Suez Canal, later refloated
A Hong Kong-flagged ship briefly ran aground in Egypt’s vital Suez Canal, though authorities said they were able to refloat it after it momentarily disrupted the waterway
2023-05-25 14:51
China Stocks Rout Extends as Traders Rush to Sell Before Holiday
Chinese stocks in Hong Kong plunged as investors trimmed positions ahead of a long weekend, with disappointing earnings
2023-05-25 14:49
Companies find it's not so simple to leave Russia; some quietly stay put
When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately
2023-05-25 14:48
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:46
California unlikely to run short of electricity this summer thanks to storms, new power sources
California regulators say the state is unlikely to run short of electricity this summer, thanks to new power sources and a wet winter that filled reservoirs to restart hydroelectric power plants shuttered during the drought
2023-05-25 14:29
UK Energy Bills Set to Drop as Easing Gas Costs Finally Register
British consumers are set to see a big drop in energy bills that have been crippling household budgets
2023-05-25 14:22
Singapore Dollar at Record High Versus Ringgit on China Worries
The Singaporean dollar surged to the strongest level on record against the Malaysian ringgit, with the latter suffering
2023-05-25 14:20
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
2023-05-25 14:19
Billionaire Reuben Brothers Win Battle Over Russian Fraud
A New York court has found that the billionaire Reuben brothers were defrauded by a family friend of
2023-05-25 14:19
Southeast Asia’s Stock Valuation Premium Disappears Amid Selloff
The selloff in a gauge of Southeast Asian equities this month has made it cheaper than a broader
2023-05-25 14:15
RBI May Need to Buy $18 Billion of Bonds to Add Cash, ICICI Says
India’s central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish
2023-05-25 13:49