Kenyan Taxpayers to Bear Brunt of President Ruto’s Big Spending Plans
Kenyan President William Ruto intends ramping up government spending on initiatives ranging from increasing access to affordable housing
2023-06-16 16:48
Economists See Rising Chance of ECB Hiking Rates in September
Economists see a greater chance that the European Central Bank will deliver two more interest-rate increases — extending
2023-06-16 16:28
China's Xi greets 'old friend' Bill Gates in first meeting with a US business magnate in years
Bill Gates met with Xi Jinping on Friday, marking the Chinese leader's first known one-on-one meeting with a Western business figure in years after a new pledge from the Gates Foundation.
2023-06-16 16:20
Orban Steps Up Talk to Steer Hungarian Savings to Forint Bonds
Prime Minister Viktor Orban called on Hungarians to put their savings in government bonds rather than bank deposits,
2023-06-16 15:57
EU Takes Tougher Stance on Huawei as China Tensions Rise
The European Commission is increasing the pressure on member-nations to stop using Huawei Technologies Co. and ZTE Corp.
2023-06-16 15:47
Nagel Says ECB May Need to Keep Raising Rates After Summer Break
The European Central Bank might have to continue with interest-rate increases after the summer, according to Bundesbank President
2023-06-16 15:25
Abu Dhabi’s G42, Israel’s Viola Launch Tech Talent Venture
Abu Dhabi artificial intelligence firm G42 and Israeli technology investment firm Viola Group said they have set up
2023-06-16 15:25
Tesco Sees Early Signs of Inflation Dropping: The London Rush
Relief could be on the horizon for Britain’s shoppers — and the supermarkets. Tesco said this morning it
2023-06-16 15:17
Vietnam Delivers Another Rates Cut to Spur Faltering Economy
Vietnam’s central bank will implement a fourth round of monetary policy easing effective Monday to spur an economy
2023-06-16 14:58
Tesco Sees Signs UK Inflation Starting to Ease as Sales Rise
Tesco Plc Chief Executive Officer Ken Murphy said he’s seeing signs that grocery inflation is starting to ease
2023-06-16 14:58
Bundesbank Sees No All-Clear on Inflation Despite Softer Outlook
Bundesbank President Joachim Nagel said it’s too soon to sound the “all-clear” on inflation even as the German
2023-06-16 14:56
This Week in China: Market Sees Stimulus as Too Little Too Late
Beijing is switching to stimulus mode with clear intensity. Yet the response from investors, who’ve called for stronger
2023-06-16 14:29