Analysis-Asia's Central Banks Forced To Play Catch-up In Global Rush To Raise Rates
Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch up in order to tackle rising inflation and defend weakening currencies.
US To Send More Rocket Systems To Ukraine, Moscow Signals Wider War Aims
US to send more rocket systems to Ukraine, Moscow signals wider war aims
S.Korea's Huge Pension Fund A Local Force Driving Won Lower
South Korea's strenuous attempts to defend a sharply weakening currency have run into an unstoppable home-made force working in the opposite direction: the national pension fund.
New Zealand Steps Up Border Protections Against Foot And Mouth Disease
New Zealand said late on Wednesday it had increased measures to prevent foot and mouth disease (FMD) from getting into the country after the disease was recently found in the Indonesian tourist resort of Bali.
ECB Hikes Rates, Throws Lifeline To Indebted Countries
The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped worries about growth, even while the euro zone economy is suffering from the impact of Russia's war in Ukraine.
ECB Hikes Rates More Than Flagged In Race To Tame Inflation
The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped worries about growth, even while the euro zone economy is suffering from the impact of Russia's war in Ukraine.
ECB Hikes Faster Than Flagged In Race To Tame Inflation
The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped growth considerations, even while the euro zone economy reels from the impact of Russia's war in Ukraine.
ECB Raises Rates More Than Expected To Fight Off Runaway Inflation
The European Central Bank raised interest rates by more than expected on Thursday, confirming that concerns about runaway inflation now trump growth considerations, even as the euro zone economy reels from the impact of Russia's war in Ukraine.
ECB To Join Rate Hike Club With Big Move Under Discussion
The European Central Bank will raise interest rates for the first time in 11 years on Thursday with a bigger-than-flagged move seen as increasingly likely as policymakers fear losing control of runaway consumer price growth.
ECB To Finally Join Rate Hike Club With Big Move On Agenda
The European Central Bank will raise interest rates for the first time in 11 years on Thursday with a bigger-than-flagged move seen as increasingly likely as policymakers fear losing control of runaway consumer price growth.
Biden Plans Talks With China's Xi Soon, Casts Doubt On Pelosi Taiwan Trip
U.S. President Joe Biden plans to speak with his Chinese counterpart, Xi Jinping, by the end of the month at a moment of simmering tensions between the countries over Taiwan and trade.
Biden Expects To Speak With China's Xi In The Coming Days
U.S. President Joe Biden plans to speak with his Chinese counterpart, Xi Jinping, within the coming days at a moment of simmering tensions between the countries.
Hit By China Shutdown, Tesla Boosts Auto Prices And Sells Bitcoin
Hit by China shutdown, Tesla boosts auto prices and sells bitcoin
Dozens Of Central American Officials Added To U.S. Corruption Blacklist
The U.S. State Department on Wednesday added dozens of current and former officials, lawmakers, judges and business people from Central America to a list that names those the U.S.
Boeing, AE Industrial Partners To Launch Second Venture Fund
Boeing Co said on Wednesday it had agreed to invest $50 million in AEI HorizonX, expanding a partnership established with private equity firm AE Industrial Partners to invest in aerospace technology startups.
AfDB Seeks To Increase Concessional Funding To Fragile African Economies
The African Development Bank (AfDB) is seeking additional capital for its fund offering infrastructure finance at cheap rates to low-income and fragile African economies, the bank's president said on Wednesday.
Webb Telescope May Have Already Found Most Distant Known Galaxy
Webb telescope may have already found most distant known galaxy
Tesla Profit Tops Target; Musk Says High Prices Could Hurt Demand
Tesla on Wednesday reported a smaller-than-expected drop in quarterly profit, helped by a string of price increases for its cars, which Elon Musk later said were "embarrassingly high" and could hurt demand.
Tesla Profit Tops Target; Musk Sees No Demand Problem
Tesla Inc on Wednesday reported a smaller-than-expected drop in quarterly profit as a string of price increases on its electric vehicles (EVs) helped offset production challenges caused by COVID-19 lockdowns in China.
Tesla Profit Beats Expectations; Musk Says No Demand Problem
Tesla Inc on Wednesday reported a higher-than-expected quarterly profit as a string of price increases on its best-selling electric vehicles helped offset production challenges caused by COVID-19 lockdowns in China.
Tesla Quarterly Profit Beats Estimates; Sells Most Of Its Bitcoin
Tesla Inc on Wednesday reported a higher-than-expected quarterly profit as a string of price increases on its best-selling electric vehicles helped offset production challenges caused by COVID-19 lockdowns in China.
Tesla Quarterly Profit Beats Estimates, Helped By Price Hikes
Tesla Inc on Wednesday reported a higher-than-expected quarterly profit as a string of price increases on its best-selling electric vehicles helped offset production challenges, sending its shares up 4% in extended trading.
Consumers Shun Candles, Barbecue Kits As Budgets Tighten
Whether they make strawberry pound cake-scented candles or $300 brisket barbecue delivery meal kits, U.S.
Democratic Group Sues U.S. Election Watchdog Over Trump's $100 Million War Chest
A big Democratic Party fundraising group on Wednesday filed a complaint against the Federal Election Commission, accusing it of allowing Donald Trump to break campaign finance law by spending political donations on a 2024 presidential bid he has yet to launch.
Exclusive: Shell Places U.S. Gulf Of Mexico Assets Up For Sale - Sources
Shell is exploring a sale of its stakes in two U.S.
U.S. Cruise Operators' Recovery Runs Into Rough Weather As Labor Crisis Worsens
Andrea Mather's plans for a long-awaited summer cruise around the Hawaiian islands with her financial analyst husband unraveled after her booking with Norwegian Cruise Line's Pride of America was canceled due to a staffing shortage.
Biden Seeks To Revive Climate Agenda As Heat Waves Slam US, Europe
Biden seeks to revive climate agenda as heat waves slam US, Europe
Oldest Video Of New Orleans Showcases Mardi Gras Fun
The Louisiana State Museum has placed what is considered to be the oldest video of New Orleans and Mardi Gras on display.
The Complex Negotiations To Get Grain Out Of Ukraine
The complex negotiations to get grain out of Ukraine
Senegal Capital Wades Through Floodwater After Heavy Rain
Torrential rain fell across Senegal on Wednesday, causing floods in the capital Dakar and bringing down a section of one of the main highways into the city.