Hungary’s Economy Chief Floats Idea of Raising Inflation Target
Hungary may need to consider raising its inflation goal as price-growth is unlikely to return near the central
2023-06-12 15:23
Further BOE Rate Hikes Can’t Be Ruled Out, Warns Policy Maker Haskel
Bank of England policy maker Jonathan Haskel said the central bank must guard against persistent inflation risks, an
2023-06-12 14:51
UBS Completes Credit Suisse Takeover to Create Bank Titan
UBS Group AG completed the acquisition of former rival Credit Suisse Group AG, sealing the biggest merger in
2023-06-12 14:26
Novo Nordisk Plans $2.3 Billion Manufacturing Expansion in Denmark
Novo Nordisk A/S is spending 15.9 billion Danish kroner ($2.29 billion) to expand production facilities in Denmark as
2023-06-12 14:16
China’s Covid-Positive Test Rate Jumped to 40% Last Month
China was walloped by a Covid-19 resurgence in May, with a positive test rate nearing the peak seen
2023-06-12 12:21
Microsoft Gaming Chief Doesn’t See a Need for New Xbox Yet
Microsoft Corp.’s video gaming chief Phil Spencer said he doesn’t “feel an imperative” to come out with a
2023-06-12 10:51
Ex-Deputy Governor Sees No BOJ Normalization in Coming Months
The Bank of Japan is likely to stick with rock bottom interest rates in the near future including
2023-06-12 10:20
Goldman Expects ‘L-Shaped’ Recovery in China’s Property Market
China’s struggling real estate industry is expected to see an L-shaped recovery in the coming years, placing a
2023-06-12 10:15
China Drills in Deeper Waters to Cut Reliance on Foreign Oil
A concrete expanse the size of Monaco jutting off China’s southern coastline is the imposing centerpiece in Beijing’s
2023-06-12 09:22
Four Vietnam Police Officers Killed in Coffee Region Shootings
Vietnam police arrested 16 suspects after four officers were killed in shootings at police stations in the country’s
2023-06-12 09:16
Fed Will Keep Rates High Thanks to Inflation Fueled by Corporate Greed, Investors Say
Soaring corporate profits are a big part of the inflation problem, and keeping interest rates high is the
2023-06-12 08:24
BOJ’s Ueda Likely to Hold With Bond Market on His Side For Now
A less-distorted bond market, continued weakness in wages and the threat of an early election are among the
2023-06-12 08:23