China July new bank loans tumble, credit growth weakens further
By Kevin Yao and Qiaoyi Li BEIJING (Reuters) -China's new bank loans tumbled in July and other key credit gauges
2023-08-11 18:47
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
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
UPS Pay Hikes for Package Handlers Raise Pressure on FedEx
The raises won by United Parcel Service Inc. package handlers are going to put FedEx Corp. in a
2023-08-11 17:56
Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
2023-08-11 17:55
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
2023-08-11 17:52
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
Biden Bets Billions on Tech That Sucks Carbon Out of the Air
The Biden administration is throwing its weight behind technology that sucks planet-warming carbon dioxide out of the air,
2023-08-11 17:24
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
Russian Oil Revenue at Eight-Month High as Price Cap Breached
Russia’s oil-export revenue rose last month to the highest since November, as the country’s crude exceeded a price
2023-08-11 16:20