It's not the 1970s but stagflation is back in the picture
For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.
2023-08-10 19:28
Uganda president defiant after World Bank suspends funding over LGBT law
By Elias Biryabarema KAMPALA (Reuters) -Uganda's President Yoweri Museveni on Thursday denounced the World Bank's decision to suspend new funding
2023-08-10 19:24
Mexico’s Industrial Parks Lobby AMLO in Push for Renewables
Industrial parks and warehouse operators in Mexico, desperate for electricity to power their booming operations, are offering to
2023-08-10 18:59
Analysis-Biden's China tech curbs to keep investors sidelined, fearing more steps
By Kane Wu and Michael Martina HONG KONG/WASHINGTON (Reuters) -President Joe Biden's move to prohibit some U.S. technology investments in
2023-08-10 18:51
The era of cheap streaming is officially over
It's the end of an era.
2023-08-10 18:50
No End in Sight to Deadly Cape Town Minibus Taxi Protest
A strike by minibus taxi drivers in Cape Town triggered violence that’s claimed the lives of five people
2023-08-10 18:27
US set to unveil long-awaited crackdown on real estate money laundering
By Luc Cohen and Chris Prentice NEW YORK The U.S. Treasury Department will soon propose a rule that
2023-08-10 18:27
China expands the number of countries for travel by its big-spending tourists
China has increased the number of countries that its big-spending tourists can visit by more than 70 following the lifting of its last COVID-19 travel restrictions
2023-08-10 18:20
US economy in 'uncharted waters' as inflation falls with low unemployment -study
By Howard Schneider WASHINGTON U.S. Federal Reserve officials are in "uncharted waters" with no clear historical guide as
2023-08-10 18:19
Alibaba’s Sales Beat Estimates in First Step of Comeback Effort
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
2023-08-10 18:17
Tokyo Electron Says Chinese Firms Are Buying Up Legacy Chip Tech
Chinese chipmakers are speeding up investments in mature semiconductor equipment as the US and its allies tighten export
2023-08-10 18:17
Jardines Exploring Sale of Two Hong Kong Buildings, Sources Say
Jardine Matheson Holdings Ltd., controller of Hong Kong’s biggest commercial landlord in the Central business district, is exploring
2023-08-10 17:56