US economy on the brink as time runs low to avert debt default
America is heading close to the brink of a self-imposed economic disaster with the Republican-led House refusing to pay the country's debts unless President Joe Biden agrees on cuts to current and future spending and new curbs on social programs.
2023-05-22 12:28
Singapore’s PM Lee Tests Positive for Covid
Singapore’s Prime Minister Lee Hsien Loong has tested positive for Covid-19, he said in a Facebook post. “I
2023-05-22 11:29
Newcrest Gold Mine Faces Probe for Dust Pollution in Australia
Newcrest Mining Ltd., being taken over by Newmont Corp., is facing an investigation by Australian environmental authorities following
2023-05-22 10:57
US-Papua New Guinea Pact Won’t Militarize Indo-Pacific, New Zealand Leader Says
New Zealand Prime Minister Chris Hipkins isn’t concerned that a renewed partnership agreement between the US and Papua
2023-05-22 09:59
China’s Banks Keep Lending Rates Unchanged After PBOC’s Hold
Chinese banks kept their benchmark lending rates unchanged for a ninth consecutive month following the central bank’s decision
2023-05-22 09:47
Missing Recovery Leaves China’s Metals Bears In Charge
The first gathering of the Asian metals community since the pandemic should have been a celebration, fueled by
2023-05-22 09:23
Investors in Asia’s Worst-Performing Market on Edge After Poll
A week after Thailand’s pro-democracy parties garnered an historic win in national elections, investors are waiting to see
2023-05-22 08:46
Zelenskiy’s Plans to Meet Brazil’s Lula at G-7 Fall Through
Volodymyr Zelenskiy and President Luiz Inacio Lula da Silva of Brazil failed to hold one-on-one talks while attending
2023-05-22 08:46
China’s $23 Trillion Local Debt Mess Is About to Get Worse
In 2021, a remote coal town in northeastern China was forced to undergo an unprecedented financial restructuring. Its
2023-05-22 07:22
Sunak Returns From G-7 to Cabinet Scandal, Migration Disputes
UK Prime Minister Rishi Sunak is arriving back from the Group of Seven summit in Japan facing yet
2023-05-22 07:16
Oil Steadies After Loss as US Debt Talks Take Center Stage
Oil steadied after a two-day drop as investors tracked stop-start negotiations in the US to strike a deal
2023-05-22 06:53
Stock Futures Decline, Currencies in Tight Ranges: Markets Wrap
Equity futures for US and Asian stock benchmarks slid while currencies held within tight ranges in a cautious
2023-05-22 06:52