German recession will be sharper than expected: Ifo
BERLIN The German economy will contract more than previously expected this year as sticky inflation takes its toll
1970-01-01 08:00
Russia says it downed 3 drones outside Moscow, suspects it was attack by Ukraine
Russian authorities say two drones have crashed outside Moscow as they were approaching the warehouses of a local military unit
1970-01-01 08:00
Analysis-China to tread warily on easing as concerns over impact on banks mount
By Kevin Yao and Ziyi Tang BEIJING China's central bank is likely to cut lending rates further in
1970-01-01 08:00
Stock market today: Asian shares mostly lower, tracking Wall Street retreat
Shares are mostly lower in Asia after Wall Street benchmarks retreated following the S&P 500's rise to its highest level since the spring of last year
1970-01-01 08:00
Cooperation or competition? China's security industry sees the US, not AI, as the bigger threat
China’s security and surveillance industry is now focused on shoring up its vulnerabilities to the United States and other outside actors, worried about risks posed by hackers, advances in artificial intelligence and pressure from rival governments
1970-01-01 08:00
El Nino Raising Risk of Southeast Asia Haze Crisis This Year
Singapore, Indonesia and Malaysia may face the most severe haze in at least five years due to the
1970-01-01 08:00
Japan sees 1.9 million visitors in May, down from cherry blossom rush
TOKYO Japan saw a slight decline in visitors in May from the previous month, when a rush of
1970-01-01 08:00
UK borrowers brace for more expensive loans as inflation fails to fall as anticipated
Official figures show that consumer price inflation across the U.K. is unchanged at 8.7% in the year to May against expectations for a modest decline, a development that is likely to see the Bank of England raise the cost of borrowing again
1970-01-01 08:00
Warnings of Mortgage Crisis Overblown, Says Top BOE Official
Most UK mortgage borrowers can cope at current interest rates and warnings of a housing crisis are overblown,
1970-01-01 08:00
BOE Rate Seen Rising Beyond 6% After Shock Inflation Reading
Traders ramped up bets for further Bank of England interest-rate hikes after another shock inflation reading, pricing the
1970-01-01 08:00
Paris summit aims to shake up the financial system. It will test leaders' resolve on climate
Heads of state, finance leaders and activists are converging in Paris to seek ways to overhaul the International Monetary Fund and World Bank and usher the global development banks into a post-pandemic world with a rapidly changing climate
1970-01-01 08:00
ECB’s Rehn Joins Race to Succeed Niinisto as Finnish President
Finnish central bank Governor Olli Rehn joined the race for the president of the Nordic country in the
1970-01-01 08:00