China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
1970-01-01 08:00
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
1970-01-01 08:00
Senior China Diplomat Dispatched to Italy to Keep Nation in Belt and Road Initiative
China dispatched a senior diplomat to Italy this week, as Beijing seeks to persuade the European nation not
1970-01-01 08:00
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
1970-01-01 08:00
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
1970-01-01 08:00
India’s HDFC Vaults Into Ranks of World’s Most Valuable Banks
A homegrown Indian company will for the first time rank among the world’s most valuable banks after completing
1970-01-01 08:00
Hailey Bieber Looks to Beat Beauty Brand Fatigue With Rhode Label
Hailey Bieber has grand plans for her skin-care label, Rhode, aiming to stand out in an increasingly crowded
1970-01-01 08:00
Spirit Workers Vote to End Strike at Boeing’s 737 Supplier
Spirit AeroSystems Holdings Inc. workers approved a new labor contract, ending a six-day strike that threatened to disrupt
1970-01-01 08:00
Oil Heads for First Back-to-Back Quarterly Decline Since 2019
Oil was on track for its first back-to-back quarterly loss since 2019 as persistent concerns over the demand
1970-01-01 08:00
Tokyo Inflation Speeds Up Again as Japan Production Sputters
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations
1970-01-01 08:00
Man wanted on January 6-related charges arrested in Obama's DC neighborhood with guns and materials to make explosives
A man with numerous firearms and materials to make an explosive was arrested Thursday in former President Barack Obama's Washington, DC, neighborhood after claiming on an internet livestream that he had a detonator, law enforcement officials told CNN.
1970-01-01 08:00
Koch network raises more than $70 million, launches new anti-Trump ads in early voting states
The influential network associated with conservative billionaire Charles Koch has collected more than $70 million for political races, the group announced Thursday, as it gears up to help shape the outcome of next year's contests up and down the ballot and encourage Republican voters to bypass former President Donald Trump in the White House nomination fight.
1970-01-01 08:00