Indonesia Seeks to Win EV Race With 0% Export Duty, No Sales Tax
Indonesia is said to be planning more tax incentives to attract global electric-vehicle producers, seeking to bolster its
2023-08-11 18:28
FTX's Bankman-Fried, seeking to avoid jail, due back in court
By Luc Cohen NEW YORK Sam Bankman-Fried, the indicted founder of the bankrupt FTX cryptocurrency exchange, is due
2023-08-11 18:20
China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
2023-08-11 18:19
Disappointing China Loans Is a Cry for More Easing, Analysts Say
The plunge in China’s new loans in July is reinforcing fears of deflation and a worsening economic slowdown,
2023-08-11 18:17
Russia’s War Economy Is on Course to Recover From Sanctions Hit
Russia’s economy may return to its pre-war level as soon as next year as it adapts to the
2023-08-11 17:48
Train Derails in Swiss Gotthard Tunnel, Halting Key Freight Route
A freight train derailed in the Gotthard tunnel in Switzerland, blocking passage through a key route linking Northern
2023-08-11 16:45
Huawei’s Sales Grow Again as New Arenas Mitigate Sanctions Hit
Huawei Technologies Co. grew sales for a third straight quarter, after new businesses like cloud services and a
2023-08-11 16:27
Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey’s current account moved into surplus for the first time in nearly two years, as a boom in
2023-08-11 15:49
Take Five: Are we there yet?
As the world's central banks near the end of what has felt like a relentless string of interest
2023-08-11 15:21
UBS Ends $10 Billion State Backstop That Helped Seal Merger
UBS Group AG decided to end an agreement with the Swiss government to cover losses it could incur
2023-08-11 14:27
UK Economy Stronger Than Expected After Coronation Holiday
The UK economy grew more strongly than expected in the second quarter after activity roared back in June
2023-08-11 14:19
Asia stocks drop to month low as US CPI fails to enthuse
By Tom Westbrook SYDNEY Asian stocks hit a one-month low and logged a weekly loss on Friday while
2023-08-11 13:52