US Consumer Long-Term Inflation Expectations Hit 12-Year High
US long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting
2023-05-12 22:24
Europe Needs Stronger Line on China Relations, Ministers Urge
The European Union must unite around a stronger stance toward China as it tries to cope with Beijing’s
2023-05-12 18:49
Northvolt to build multi-billion euro battery plant in Germany
By Supantha Mukherjee and Victoria Waldersee STOCKHOLM/BERLIN Sweden's Northvolt said on Friday it will invest several billion euros
2023-05-12 18:21
China Is Scaring Away Foreign Investors That Its Cities Want
China’s unpredictable policy making is deterring foreign investment that the country’s cash-strapped cities are desperate to entice. Local
2023-05-12 17:59
Tencent-Backed Sea’s 112% Rally Has Reasons to Run
Sea Ltd. shares have more than doubled since November, boosting optimism that the tech conglomerate is on the
2023-05-12 17:47
Erdogan’s Rival Accuses Russians of Meddling in Turkish Vote
The main opponent of Turkish President Recep Tayyip Erdogan in Sunday’s elections accused an unidentified Russian group of
2023-05-12 17:45
Tesla Recalls 1.1 Million Cars in China Over Braking Defect
Tesla Inc. will need to fix almost every car it’s ever sold in China due to an issue
2023-05-12 15:59
China to Send Special Envoy to Ukraine, Russia From Monday
China will send a special envoy to Ukraine from Monday, according to the Foreign Ministry, as Beijing tries
2023-05-12 15:50
Rand Extends Slump as South Africa’s Row With US Puts Trade Ties at Risk
The rand slumped to its weakest level on record against the dollar as a diplomatic row between South
2023-05-12 15:26
Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
The Federal Reserve will likely need to raise interest rates further and hold them higher for some time
2023-05-12 15:24
Kasikornbank Halts Plans to Sell Asset Management Stake
Kasikornbank Pcl, Thailand’s second-biggest lender, has halted plans to sell a stake in its asset management business, according
2023-05-12 11:59
Export-Import Bank Defies Biden Climate Vow With Indonesian Oil Refinery Loan
US Export-Import Bank leaders voted Thursday to lend $99.7 million to expand an oil refinery in Indonesia, bucking
2023-05-12 11:58