Airlines expect to make $10 billion this year despite economic slowdown
Global airlines should make nearly $10 billion in profit this year as business bounces back from the pandemic, according to a new forecast from the International Air Transport Association (IATA).
2023-06-05 18:26
Ukraine’s European Neighbors Set to Extend Grain Import Ban
Ukraine’s European neighbors are set to extend a ban on importing the country’s grain until mid-September, a move
2023-06-05 18:17
China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
2023-06-05 17:56
Daiwa Says Staff Freely Using ChatGPT, Plans Tech Hiring Boost
Daiwa Securities Group Inc. employees are widely using an artificial intelligence-powered chatbot in Japan, as the nation’s second-largest
2023-06-05 17:24
China Bonds at Center of Crisis Fears Are Posting Surprise Gains
For all the concern about a debt crisis facing China’s local governments, the bonds most exposed to a
2023-06-05 17:24
Erdogan’s Gas Giveway Helps Cool Inflation Before Policy Reboot
Turkey’s inflation decelerated to the slowest since 2021 as President Recep Tayyip Erdogan made good on a promise
2023-06-05 16:56
Malaysia Seeks More Narrowbody Jets, Sees Delay on Current Order
Malaysia Airlines Bhd. is seeking to add at least 25 single-aisle aircraft and will look to discuss options
2023-06-05 16:49
BlackRock Lured Back to UK Bonds by Yields That Tower Over Peers
BlackRock Inc. and other large money managers are dipping back into the UK’s battered debt market, lured by
2023-06-05 16:29
Swiss Underlying Inflation Gauge Slows Below SNB 2% Ceiling
A measure of underlying inflation in Switzerland slowed more than expected to below the central bank’s ceiling, giving
2023-06-05 16:18
ECB’s Vujcic Says Inflation Risks Are Still Tilted to Upside
European Central Bank Governing Council member Boris Vujcic said the surge in consumer prices is only slowly abating,
2023-06-05 15:56
Negative-Yielding Debt Returns to Almost $2 Trillion on BOJ
The scourge of negative-yielding debt refuses to go away for investors as the Bank of Japan’s continued reluctance
2023-06-05 15:55
World’s Longest Direct Flights to Cost 20% More Than Stopover Fares
Qantas is likely to extract a 20% premium from passengers on the world’s longest direct flights when it
2023-06-05 15:47