
US debt 'brinkmanship' risks serious costs: Yellen
Political brinkmanship over raising the US debt ceiling risks "serious economic costs" even without the "catastrophe" of a default, Treasury Secretary Janet Yellen warned Thursday...
2023-05-11 15:26

Yellen Says Debt Default Would Hurt US International Leadership
Treasury Secretary Janet Yellen said failure to avoid a looming federal government default would undermine Washington’s ability to
2023-05-11 15:24

SoftBank posts $7.18 billion annual loss as Vision Fund slides further
TOKYO (Reuters) -Japan's SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year
2023-05-11 14:26

SoftBank Vision Fund Loses $32 Billion on Weak Startup Values
SoftBank Group Corp.’s Vision Fund unit reported a record annual loss after a recent global stock market rebound
2023-05-11 14:23

Italy's antitrust probes Apple for alleged abuse of app market dominance
ROME Italy's antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple
2023-05-11 14:16

Yellen warns US default would threaten global economy, undermine US leadership
By Andrea Shalal NIIGATA, Japan U.S. Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4
2023-05-11 13:49

China's deflation worries deepen as consumer prices grow only 0.1% in April
Deflationary pressure in China is worsening as consumer prices increased at the slowest pace in two years, suggesting weakness in domestic demand and a long road ahead to full economic recovery.
2023-05-11 13:26

Thyssenkrupp raises cash flow outlook after Q2 loss
FRANKFURT Thyssenkrupp on Thursday raised the outlook for its closely watched free cash flow before mergers and acquisitions,
2023-05-11 13:15

Marketmind: US debt drama crashes Japan's G7 party
A look at the day ahead in European and global markets from Kevin Buckland. U.S. Treasury Secretary Janet Yellen is
2023-05-11 12:49

Pakistan Latest: Army Deployed as Imran Khan Arrest Fuels Unrest
Pakistan’s government called in the military to help end violent protests after former premier Imran Khan was arrested
2023-05-11 12:29

G-7’s Push Against ‘Economic Coercion’ Has an Audience of One
Group of Seven nations aim to send a signal to China this month by announcing a joint effort
2023-05-11 12:15

New York City Suspends Shelter Rules as Migrant Numbers Surge
New York City Mayor Eric Adams temporarily suspended some of the rules that require the city to shelter
2023-05-11 12:15