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Fed's Powell: Most US policymakers see two or more rate hikes ahead
Fed's Powell: Most US policymakers see two or more rate hikes ahead
With U.S. inflation well above the Federal Reserve's 2% goal and a labor market that's still very tight,
2023-06-29 14:49
Crippled exports slow Vietnam's growth
Crippled exports slow Vietnam's growth
Vietnam's economic growth slowed in the first half of the year as a slump in demand hit...
2023-06-29 14:48
Ireland's domestic economy to remain robust, predicts think tank
Ireland's domestic economy to remain robust, predicts think tank
But there are risks to the economy, including high core inflation and signs of a weakening export market.
2023-06-29 14:28
Eurozone rescue fund proves headache for Italy PM
Eurozone rescue fund proves headache for Italy PM
Italian Prime Minister Giorgia Meloni has softened her once strident anti-EU views but the ratification of a reform to the eurozone's bailout fund has...
2023-06-29 13:54
Sri Lanka unveils debt restructure plan to tackle economic crisis
Sri Lanka unveils debt restructure plan to tackle economic crisis
Sri Lanka's central bank on Thursday unveiled a far-reaching domestic debt restructuring plan aimed at restoring stability after an economic and political crisis last year that led to...
2023-06-29 12:53
'Bidenomics' is all about repelling Trump's chaos theory
'Bidenomics' is all about repelling Trump's chaos theory
President Joe Biden often explains his simple theory of winning elections with his dad's fabled kitchen table wisdom: "Don't compare me to the Almighty, compare me to the alternative."
2023-06-29 12:24
French luxury brand tycoon Bernard Arnault in China
French luxury brand tycoon Bernard Arnault in China
French billionaire and luxury brand magnate Bernard Arnault is in China this week, social media posts showed, the latest visit by a foreign executive keen to...
2023-06-29 12:18
Sri Lanka offers 30% haircut to bond holders: central bank
Sri Lanka offers 30% haircut to bond holders: central bank
Sri Lanka's central bank on Thursday unveiled its domestic debt restructuring plan, envisaging a 30 percent haircut on dollar-denominated bonds...
2023-06-29 11:47
Most markets rise as traders weigh central bank rate plans
Most markets rise as traders weigh central bank rate plans
Most markets rose in Asia on Thursday, building on the previous day's advances, even after central bank chiefs warned that interest rates would rise...
2023-06-29 11:15
After long wait, Virgin Galactic begins commercial spaceflights
After long wait, Virgin Galactic begins commercial spaceflights
Virgin Galactic is set Thursday to finally begin commercial spaceflights, a major milestone for the company founded in 2004 by...
2023-06-29 09:26
'Godfather of AI' urges governments to stop machine takeover
'Godfather of AI' urges governments to stop machine takeover
Geoffrey Hinton, one of the so-called godfathers of artificial intelligence, urged governments on Wednesday to step in and make sure that machines do...
2023-06-29 09:20
Hollywood braced for 'double strike' as actors' deadline looms
Hollywood braced for 'double strike' as actors' deadline looms
Hollywood's summer of discontent could dramatically escalate this weekend, with actors ready to join writers in a massive "double strike" that would bring nearly all US film...
2023-06-29 09:16
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