US weekly jobless claims hit 1-1/2-year high; inflation subsiding
By Lucia Mutikani WASHINGTON The number of Americans filing new claims for unemployment benefits jumped to a 1-1/2-year
1970-01-01 08:00
Slump in China bank loans raises more worries about recovery, adds pressure on central bank
By Qiaoyi Li and Kevin Yao BEIJING New Chinese bank loans tumbled far more sharply than expected in
1970-01-01 08:00
ECB’s Nagel Says Nothing Off the Table for September Meeting
European Central Bank Governing Council member Joachim Nagel refused to exclude that interest-rate increases may persist beyond the
1970-01-01 08:00
Yellen Takes Aim at Russian Sanctions Evasion at G-7 Gathering
Treasury Secretary Janet Yellen said Washington intends to crack down on Russia’s ability to skirt sanctions imposed by
1970-01-01 08:00
RBA Peak Rate Scenario of 4.8% Saw Faster Price Drop, No Slump
Australia’s central bank considered alternative policy scenarios where its cash rate peaked at 4.8%, a level that returned
1970-01-01 08:00
Philippine Economic Growth Beats Amid Inflation, Rate Hikes
The Philippine economy expanded faster than expected in the first quarter, as resilient post-pandemic demand helped defy elevated
1970-01-01 08:00
House Republicans allege Biden family members received millions in payments from foreign entities in new bank records report
House Oversight Chairman James Comer laid out new details to support allegations that members of Joe Biden's family including his son Hunter received millions of dollars in payments from foreign entities in China and Romania including when Biden was vice president, according to a memo obtained by CNN.
1970-01-01 08:00
US annual inflation slows to below 5%, price pressures still strong
By Lucia Mutikani WASHINGTON The annual increase in U.S. consumer prices slowed to below 5% in April for
1970-01-01 08:00
Egypt’s Inflation Ends Nine-Month Surge by Taking Short Breather
Inflation in urban parts of Egypt eased for the first time since June 2022, providing a reprieve that
1970-01-01 08:00
Williams Says Fed Is Data Dependent, Leaves Door Open to Pause
Federal Reserve Bank of New York President John Williams said he is monitoring how strains in the banking
1970-01-01 08:00
US small business optimism deteriorates in April, NFIB says
WASHINGTON U.S. small business confidence fell in April on worries about the near-term economic outlook and persistent worker
1970-01-01 08:00
China's shrinking imports, slower exports growth darken economic outlook
By Joe Cash BEIJING China's imports contracted sharply in April, while exports rose at a slower pace, reinforcing
1970-01-01 08:00