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J.P.Morgan, Goldman raise Canada central bank terminal rate forecast to 5.25%
J.P.Morgan, Goldman raise Canada central bank terminal rate forecast to 5.25%
J.P.Morgan and Goldman Sachs said on Wednesday they now expect the Bank of Canada (BoC) to deliver one
2023-07-13 14:57
Australian banks say low unemployment is buffering home loans
Australian banks say low unemployment is buffering home loans
By Byron Kaye SYDNEY The CEOs of Australia's two biggest banks said on Thursday a tight labour market
2023-07-13 14:54
JD.com Joins China’s AI Race With a Model for Enterprise Use
JD.com Joins China’s AI Race With a Model for Enterprise Use
China’s second-largest e-commerce platform JD.com Inc. unveiled a large language model for enterprise use, joining domestic peers including
2023-07-13 14:53
McDonald's China owners Carlyle, Trustar plan $4 billion exit - Bloomberg News
McDonald's China owners Carlyle, Trustar plan $4 billion exit - Bloomberg News
(Reuters) -Carlyle Group Inc and Trustar Capital are planning to raise $4 billion from wealth funds to buy part of
2023-07-13 14:51
UK economy dips less than expected after strikes and coronation
UK economy dips less than expected after strikes and coronation
By Andy Bruce and William Schomberg LONDON (Reuters) -Britain's economy contracted by less than expected in May despite the impact
2023-07-13 14:48
UK Economy Held Up Better Than Expected in Coronation Holiday
UK Economy Held Up Better Than Expected in Coronation Holiday
The UK economy shrank less than expected in May after an additional holiday to mark the coronation of
2023-07-13 14:29
China exports plunge in June, deepening economic woes
China exports plunge in June, deepening economic woes
Chinese exports tumbled more than expected in June, official data showed Thursday, putting fresh pressure on Beijing to unveil more stimulus measures...
2023-07-13 14:25
Tourists are packing European hotspots. And Americans don't mind the higher prices and crowds
Tourists are packing European hotspots. And Americans don't mind the higher prices and crowds
Crowds are packing the Colosseum, the Louvre, the Acropolis and other major attractions as tourism exceeds 2019 records in some of Europe’s most popular destinations
2023-07-13 14:24
Exclusive-China's Qingdao sets up firm to bail out its local govt financing arms-sources
Exclusive-China's Qingdao sets up firm to bail out its local govt financing arms-sources
By Samuel Shen and Tom Westbrook Qingdao city in China's debt-laden Shandong province has set up a company
2023-07-13 14:20
GST: New tax threatens India's booming online gaming industry
GST: New tax threatens India's booming online gaming industry
The industry says it has been blindsided by the government's "catastrophic" tax decision.
2023-07-13 14:15
Here Are the Options China Still Has for Stimulating Its Economy
Here Are the Options China Still Has for Stimulating Its Economy
China should ramp up government borrowing, offer more tax breaks to businesses and keep cutting interest rates to
2023-07-13 13:58
Swatch Group Profit Rises as China’s Reopening Fuels Rebound
Swatch Group Profit Rises as China’s Reopening Fuels Rebound
Swiss watchmaker Swatch Group AG reported higher sales and profit as China’s reopening fueled a rebound, pushing results
2023-07-13 13:54
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