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 15:20
China Housing Rebound Fizzling Shows Risks to Economic Recovery
China’s housing market sales is regressing after a brief recovery, underscoring the challenges the world’s second-largest economy is
2023-05-12 14:28
Nissan Shares Rise After Profit Outlook Tops Estimates
Nissan Motor Co. shares rose the most in almost a year after the carmaker raised its operating profit
2023-05-12 13:55
Meet the Contenders Vying to Become Kenyan Central Bank Governor
Six candidates are vying to succeed Patrick Njoroge as the governor of Kenya’s central bank, a changeover that
2023-05-12 13:28
Hong Kong’s Gaw Eyes More Japan Property Deals on TSMC Push
Hong Kong-based private equity firm Gaw Capital Partners is exploring real estate deals in Japan’s western island of
2023-05-12 12:20
Kepco CEO Offers to Resign as Utility Vows Financial Overhaul
Korea Electric Power Corp.’s Chief Executive Officer Cheong Seung-il offered to resign as the state-run utility announced a
2023-05-12 12:19
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 11:46
China Bond Watchdog Probes Major Banks’ Debt-Issuance Work
Probes were announced this week against at least three major Chinese banks amid stepped-up efforts to address long-standing
2023-05-12 10:54
China Builder Fantasia Faces Key Shareholder Revolt on Debt Plan
A Chinese property developer whose default in 2021 has since fed into a broader industry rout is facing
2023-05-12 10:45
Pakistan Latest: Government Slams Court for Freeing Imran Khan
Pakistan’s government criticized the Supreme Court for releasing former premier Imran Khan from custody and vowed to find
2023-05-12 10:29
Pakistan’s Abhi Issues First Sukuk Bond for a Fintech in Region
Pakistan’s financial platform Abhi has raised the first-ever Sukuk bond for a fintech firm in the region, opening
2023-05-12 08:53
Elon Musk Says He’s Stepping Down as Twitter’s CEO
NBCUniversal executive Linda Yaccarino is in talks to become Twitter’s chief executive officer, the Wall Street Journal reported,
2023-05-12 08:26