The global economy has likely been spared a US debt default. It still faces a mountain of risks
With the threat of an unprecedented US debt crisis receding fast, the global economy looks to have dodged a huge shock. But there are still plenty of storm clouds darkening the outlook.
1970-01-01 08:00
Asia's factories struggle for momentum amid patchy recovery
By Leika Kihara TOKYO Factories in Asia's largest economies stepped up a gear in May as supply chain
1970-01-01 08:00
Australia business investment up 2.4% in Q1
SYDNEY Australian business investment rose strongly in the March quarter, helped by a jump in spending on mining,
1970-01-01 08:00
South Korea exports fall for 8th straight month as chip slump continues
SEOUL South Korea's exports fell for an eighth straight month in May in annual terms, although less than
1970-01-01 08:00
South Korea factory activity slumps into longest downtrend since early 2009 - PMI
SEOUL South Korea's factory activity shrank for an 11th consecutive month in May, slumping into its longest downtrend
1970-01-01 08:00
Australian home prices climb for third straight month in May
SYDNEY Australian home prices rose for the third consecutive month in May, with the pace of growth accelerating
1970-01-01 08:00
Danny Masterson, 'That '70s Show' actor, found guilty of rape
A Los Angeles jury has found actor Danny Masterson guilty on two of the three counts of rape in a retrial on Wednesday, according to the Los Angeles County District Attorney.
1970-01-01 08:00
Bank of Mexico signals 'prolonged' interest rate hold
By Brendan O'Boyle and Isabel Woodford MEXICO CITY Mexico's central bank on Wednesday signaled it would hold the
1970-01-01 08:00
Argentine central bank logs biggest U.S. dollar purchase in five months
BUENOS AIRES Argentina's central bank purchased $451 million of foreign currency on Wednesday to bolster its dwindling hard
1970-01-01 08:00
Debt ceiling deal won't have much impact on the US economy, analysts say
President Joe Biden and House Republicans have finally agreed on a deal to raise the federal government's debt limit. Here's how it could affect the world's biggest economy.
1970-01-01 08:00
Russian labour shortage laid bare as unemployment drops to record low
By Alexander Marrow and Darya Korsunskaya Russia's unemployment rate dropped to a record low 3.3% in April, data
1970-01-01 08:00
US job openings unexpectedly rise in April
WASHINGTON U.S. job openings unexpectedly rose in April and data for the prior month was revised higher, pointing
1970-01-01 08:00