Newsom Proposes Cutting Transit Funding as Systems Beg for Cash
California Governor Gavin Newsom on Friday rejected calls to further subsidize public-transit operators, while slashing funding for new
1970-01-01 08:00
Ukraine Latest: Putin, Ramaphosa Speak After US Arms Sale Claim
China will send a special envoy to Kyiv on Monday, marking the first high-level visit from the Chinese
1970-01-01 08:00
Chinese Cash Flows Into Japan’s Struggling Hot Spring Resorts
A once-faded Japanese honeymoon hot spot is getting a new lease on life thanks in part to Chinese
1970-01-01 08:00
Economists See South Africa Skirting Recession in First Quarter
South Africa’s economy probably avoided a technical recession in the first quarter, despite more intense power outages. A
1970-01-01 08:00
UBS’s Ermotti Says State, SNB Loss ‘Exceptionally Unlikely’
UBS Group AG Chief Executive Officer Sergio Ermotti gave his strongest indication yet that the Swiss government and
1970-01-01 08:00
Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
The Federal Reserve will likely need to raise interest rates further and hold them higher for some time
1970-01-01 08:00
Kepco CEO to Resign as Utility Pledges Financial Overhaul
Korea Electric Power Corp.’s Chief Executive Officer Cheong Seung-il offered to resign as the state-run utility announced a
1970-01-01 08:00
China Housing Rebound Fizzling Shows Risks to Economic Recovery
China’s housing market sales is regressing after a brief recovery, underscoring the challenges the world’s second-largest economy is
1970-01-01 08:00
Gold Looks ‘Best Hedge’ as Debt-Ceiling Angst Builds, RBC Says
Mounting fears over the US debt-ceiling crisis will benefit gold as investors brace for potential chaos in financial
1970-01-01 08:00
China Regulator Steps Up Probes of Bond Underwriting Practices
China’s credit markets are closing out the week trying to digest the implications of new probes that a
1970-01-01 08:00
Export-Import Bank Defies Biden Climate Vow With Indonesian Oil Refinery Loan
US Export-Import Bank leaders voted Thursday to lend $99.7 million to expand an oil refinery in Indonesia, bucking
1970-01-01 08:00
China, Australia Trade Ministers Meet in Beijing to Ease Dispute
China and Australia’s trade ministers will hold their first in-person economic dialog since 2019 on Friday as Canberra
1970-01-01 08:00