Slump in China bank loans raises more worries about recovery, adds pressure on central bank
By Qiaoyi Li and Kevin Yao BEIJING New Chinese bank loans tumbled far more sharply than expected in
2023-05-11 19:17
Bank of England raises UK interest rates to highest level since 2008
The Bank of England has raised interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. The decision on Thursday by the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point to 4.5% was widely anticipated in financial markets
2023-05-11 19:17
Japan tech investor SoftBank sinks into second year of losses
Japanese technology investor SoftBank Group is reporting a loss of 970 billion yen, or $7 billion, for the fiscal year that just ended
2023-05-11 18:24
Hong Kong newspaper to stop publishing drawings by prominent cartoonist after government complaints
A Hong Kong newspaper will stop publishing drawings by the city’s most prominent political cartoonist after they drew government complaints
2023-05-11 18:21
How Europe is at the forefront of building artificial intelligence guardrails
Authorities around the world are racing to draw up rules for artificial intelligence, including in the European Union, where draft legislation faced a pivotal moment
2023-05-11 17:51
Yellen: Different system needed to end repeated standoffs over US debt ceiling
Treasury Secretary Janet Yellen says that in her personal opinion, the United States should adopt a different system for national finances that might forestall repeated standoffs with Congress over spending
2023-05-11 16:20
G7 finance ministers tackle global economic challenges as Yellen seeks to reassure on debt standoff
The financial leaders of the Group of Seven wealthy nations are meeting in Japan as a standoff over the U.S. debt ceiling looms as one of the biggest potential threats to the global economy
2023-05-11 14:46
Nagasaki University Presented Results Of a Specified Clinical Trial On The Use of L. lactis strain Plasma For Patients With COVID-19
TOKYO--(BUSINESS WIRE)--May 11, 2023--
2023-05-11 14:15
US debt standoff overshadows G7 finance leaders' meeting
By Leika Kihara and Andrea Shalal NIIGATA, Japan (Reuters) -A standoff over raising the U.S. debt ceiling overshadowed a meeting
2023-05-11 13:57
Senate panel OKs rail-safety bill; railroad vows to help homeowners affected by Ohio derailment
A Senate panel has approved a rail-safety measure in response to the train derailment earlier this year in East Palestine, Ohio
2023-05-11 08:45
ChatGPT user in China detained for creating and spreading fake news, police say
A ChatGPT user was recently detained by Chinese police for allegedly using the artificial intelligence chatbot to fake a news story reporting a nonexistent train crash
2023-05-11 07:25
Beyond Meat revenue falls in first quarter due to weak demand, but company confident in turnaround
Beyond Meat says its first-quarter revenue fell nearly 16% due to lower demand in most markets for its plant-based meat
2023-05-11 06:45