IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen
The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout
1970-01-01 08:00
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
1970-01-01 08:00
Goldman, Citigroup Begin Cutting About 35 Dealmakers Across Asia
Goldman Sachs Group Inc. and Citigroup Inc. are starting to cut another 35 investment-banking jobs across Asia this
1970-01-01 08:00
Petrobras Is Said to Rule Out Buyout Offer for Brazil’s Braskem
Petroleo Brasileiro SA is not considering proposing an offer to buy out Brazilian petrochemical maker Braskem SA, according
1970-01-01 08:00
Tourism, Factory Restarts Temper Sri Lanka Economic Contraction
Sri Lanka’s economy likely shrank at a slower pace last quarter as a rebound in tourism and some
1970-01-01 08:00
Japan’s Exports Weaken Further Amid Global Economic Slowdown
Japan’s exports expanded at the weakest pace in over two years amid a global economic slowdown, an outcome
1970-01-01 08:00
Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal
1970-01-01 08:00
Asia, US Stock Futures Climb After Fed Rate Pause: Markets Wrap
Stocks in Asia are poised for muted gains after US equities inched higher after the Federal Reserve paused
1970-01-01 08:00
Colombia Lifts Target for Debt Sales in New Financial Plan
Colombia increased its target for bond auctions this year as lower crude prices and weaker economic growth widen
1970-01-01 08:00
Citigroup’s CFO Warns 1,600 Job Cuts Will Boost Expenses This Quarter
Citigroup Inc. Chief Financial Officer Mark Mason said the firm’s recent job cuts will cause expenses to climb
1970-01-01 08:00
JetBlue’s New Hues Spruce Up Planes With Growth Plans in Limbo
JetBlue Airways Corp. isn’t waiting for federal regulators to reverse course on antitrust initiatives before celebrating itself with
1970-01-01 08:00
Gulf Central Banks Hit Pause on Rate Hikes in Tandem With Fed
Central banks in the Gulf including Qatar and the United Arab Emirates followed the Federal Reserve’s decision to
1970-01-01 08:00