Canada suspends work with Chinese-founded development bank while it investigates complaints
Canada’s finance minister says it is suspending activity with a Chinese-founded development bank while it investigates complaints by a Canadian who resigned from the lender, saying it is dominated by “Communist Party hacks” and his country shouldn’t be a member
2023-06-15 12:51
BofA expects two more interest rate hikes from Fed, growth in Q4
BofA Global Research said it now expected two more quarter percentage point interest rate hikes from the U.S.
2023-06-15 12:25
Canadian quits Chinese-founded development bank, complains 'Communist Party hacks' dominate it
A Canadian public relations manager for a Chinese-founded development bank has announced his resignation in a statement that accused it of being dominated by “Communist Party hacks” and said Canada’s interests weren’t served by being a member
2023-06-15 12:24
Australian state bans PwC from new tax contracts for three months
SYDNEY An Australian state on Thursday imposed a three-month ban on PricewaterhouseCoopers' (PwC) local unit from receiving new
2023-06-15 11:59
China's factory, consumer activity weakens in May, youth unemployment rises
China’s factory and consumer activity weakened further in May and surging unemployment among young people in cities broke the previous month’s record as an economic rebound following the end of anti-virus controls slowed
2023-06-15 11:59
Hong Kong protest song disappears from music streaming sites, social media platforms
A popular Hong Kong protest song was no longer available on several major music streaming sites as well as social media platforms
2023-06-15 11:58
China’s Property Investment Slump Deepens With Home Demand Weak
Chinese real estate investment slumped further in May, showing both extended weakness in a key engine for economic
2023-06-15 11:52
New Zealand: Economy slips into recession after interest rate hikes
The country's central bank has aggressively raised interest rates since October 2021.
2023-06-15 11:48
Australia May employment blows past expectations, piling pressure on RBA
By Stella Qiu SYDNEY (Reuters) -Australian employment blew past expectations in May, while the jobless rate edged lower and participation
2023-06-15 11:23
Canada Cuts Ties With Asian Infrastructure Bank on Claims of Chinese Interference
Prime Minister Justin Trudeau’s government stopped Canada’s work with the Asian Infrastructure Investment Bank while it investigates claims
2023-06-15 11:18
Yen Falls to 7-Month Low as Traders Shift Focus From Fed to BOJ
The yen weakened to its lowest since November as traders shifted their focus from a hawkish Federal Reserve
2023-06-15 10:59
Tentative U.S. West Coast port contract deal reached, union and employers say
The Longshore union and employers of 22,000 dockworkers at U.S. West Coast ports on Wednesday said they have
2023-06-15 10:52