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As US credit risk looms, former S&P officials see 2011 downgrade as vindicated
As US credit risk looms, former S&P officials see 2011 downgrade as vindicated
By Pete Schroeder WASHINGTON As the United States stares at the risk of a credit downgrade, former Standard
2023-05-26 12:15
Energy majors go slow on green transition despite pressure
Energy majors go slow on green transition despite pressure
Most oil majors are stepping up investment in green energy amid rising activist pressure but without abandoning fossil fuels, putting at risk...
2023-05-26 11:49
Washington concerned by China moves against US companies
Washington concerned by China moves against US companies
US Commerce Secretary Gina Raimondo expressed concern to her Chinese counterpart Wang Wentao on Thursday over Beijing's...
2023-05-26 11:48
Oil falls on conflicting OPEC+, Russia messages amid stronger dollar
Oil falls on conflicting OPEC+, Russia messages amid stronger dollar
By Arathy Somasekhar and Trixie Yap (Reuters) -Oil prices softened in early trade on Friday, weighed on by conflicting messages
2023-05-26 11:48
Baidu will 'very soon' officially launch generative AI model, says CEO
Baidu will 'very soon' officially launch generative AI model, says CEO
BEIJING Chinese search engine giant Baidu's CEO Robin Li said on Friday that the company will "very soon"
2023-05-26 11:16
Australia Retail Sales Flat as Higher Rates Drag on Spending
Australia Retail Sales Flat as Higher Rates Drag on Spending
Australian retail sales were flat in April, ending a three-month streak of gains, suggesting consumers are reining in
2023-05-26 10:53
China’s Top Rating Firm Downgrades US in Echo of Global Rivalry
China’s Top Rating Firm Downgrades US in Echo of Global Rivalry
While the world’s major credit-rating agencies have held off downgrading the US as Washington barrels toward the fiscal
2023-05-26 10:49
Singapore’s Covid Deaths Surged in April Even as Infections Fall
Singapore’s Covid Deaths Surged in April Even as Infections Fall
Deaths from Covid-19 in Singapore surged last month amid the current wave of infections. The city-state reported 54
2023-05-26 10:47
Asian markets mostly rise on US debt ceiling optimism
Asian markets mostly rise on US debt ceiling optimism
Hopes that lawmakers are edging closer to a deal to hike the US debt ceiling lifted spirits in Asia on Friday, though traders remain nervous as a deadline to...
2023-05-26 10:45
Hyundai Motor, LG Plan $4.3 Billion EV Battery Plant in US
Hyundai Motor, LG Plan $4.3 Billion EV Battery Plant in US
South Korea’s Hyundai Motor Group and LG Energy Solution Ltd. will invest 5.7 trillion won ($4.3 billion) to
2023-05-26 10:29
BOJ’s Ueda Says Wages Aren’t the Goal, Keeps Speculators in Dark
BOJ’s Ueda Says Wages Aren’t the Goal, Keeps Speculators in Dark
Bank of Japan Governor Kazuo Ueda indicated his desire to hold on to policy flexibility by playing down
2023-05-26 10:25
Kao Releases Progress Reports on its ESG Strategy—the Kirei Lifestyle Plan
Kao Releases Progress Reports on its ESG Strategy—the Kirei Lifestyle Plan
TOKYO--(BUSINESS WIRE)--May 25, 2023--
2023-05-26 10:21
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