RBNZ’s Orr Says Mild Recession ‘Bare Minimum’ to Tame Inflation
New Zealand central bank Governor Adrian Orr said a mild recession would be the “bare minimum” before policymakers
2023-08-17 08:27
Hong Kong Rental Market Boosted by Chinese Taking Up Top Talent Pass Visas
An influx of mainland Chinese taking advantage of a new visa program to work in Hong Kong is
2023-08-17 08:25
Japan’s Exports Shrink for First Time in More Than Two Years
Japan’s exports dropped for the first time in more than two years as demand slumped in several key
2023-08-17 08:15
World Bank’s Return to Office Spurs Grumbling But It Comes With Perks
A return-to-office requirement from the World Bank is producing grumbling among its staff, although the development lender is
2023-08-17 07:57
Luxury London Home Sellers Cut Asking Prices to Keep Deals Alive
Britain’s intensifying mortgage crunch is now forcing London’s wealthiest home sellers to agree to discounts or risk deals
2023-08-17 07:18
China Leaders Vow to Lift Consumption Without Detailing How
China’s top leaders pledged to expand domestic consumption and support the private sector without detailing any new stimulus
2023-08-17 06:57
Ecuador Rating Cut by Fitch After Killing as Key Election Nears
Ecuador had its credit score slashed Wednesday by Fitch Ratings, which cited heightened financing risks for the Latin
2023-08-17 06:45
When Fed Cuts Rates, It May Still Be Tightening Via QT Program
Federal Reserve officials are more seriously discussing the possibility that they may not have to stop shrinking their
2023-08-17 06:25
China Is Headwind for US, Global Economy, Treasury Official Says
US Deputy Treasury Secretary Wally Adeyemo said China’s economic issues are proving to be a headwind for the
2023-08-17 05:53
Workers Who Stayed to Close Bankrupt Retail Chain Lose Promised Bonuses
Management disarray during the final weeks of Christmas Tree Shops Inc. will block store employees from getting bonuses
2023-08-17 05:46
Tech Firms Are Slowing Layoffs But Still Not Yet Resuming Hiring
Tech companies aren’t yet ramping up hiring after massive layoffs over the past year, despite a surge in
2023-08-17 05:28
Philippines Seen to Extend Rate Pause After GDP Growth Fizzled
The Philippine central bank is widely expected to keep its policy rate steady for a third straight meeting
2023-08-17 05:20