Global Food Costs at 2-Year Low But Grocery Bills Stay High
Global food costs fell to the lowest level in two years in May, reviving hopes that sticky inflation
2023-06-02 17:25
China Mulls New Property-Market Support Package to Boost Economy
China is working on a new basket of measures to support the property market after existing policies failed
2023-06-02 17:25
BofA Says AI Frenzy Drives Record Inflows Into Tech
The buzz around artificial intelligence has investors pouring a record amount of money into tech stocks, Bank of
2023-06-02 16:53
Debt-Limit Deal Clears Congress, Ending Threat of US Default
The Senate passed legislation to suspend the US debt ceiling and impose restraints on government spending through the
2023-06-02 16:52
Airlines Scour Globe for Capacity as Plane Shortage Takes Toll
The massive aircraft deals announced this year — from Air India’s record 470-plane order in February to newcomer
2023-06-02 16:25
UK House Prices Are Falling Again — And There’s More Pain Ahead
The UK housing market is sputtering again, with economists predicting that the downturn has further to run as
2023-06-02 15:49
SBB’s Embattled CEO Faces Tough Sell After London Investor Pitch
The property tycoon at the center of Sweden’s real estate crisis traveled to the City of London this
2023-06-02 15:27
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, bringing back
2023-06-02 14:58
All Eyes on US, China as Shangri-La Defense Forum Starts
Defense officials from around the world arrived in Singapore Friday, with US-China tensions over Taiwan, chip curbs and
2023-06-02 12:59
Korean Won Won’t Recover to Pre-Pandemic Levels, BOK Member Says
The won isn’t likely to strengthen to pre-pandemic levels, given structural changes including heightened geopolitical competition, an aging
2023-06-02 12:25
China Stocks Rebound as Fed Concerns Ease, Dip-Buyers Emerge
Chinese stocks staged a sharp rebound as signs that the Federal Reserve is close to the end of
2023-06-02 12:20
UK Government Killed Au Pair Industry, Leaving British Parents Desperate
The UK government is desperate to find a way to make child care more affordable and encourage more
2023-06-02 11:49