RBI Draining Liquidity Signals Its Intent to Quash Inflation
The Reserve Bank of India intensified its operations to remove cash from the banking system, showing it wants
2023-06-06 18:25
UK Shoppers See More ‘Shrinkflation’ in Supermarket Aisles
British shoppers are becoming more aware of “shrinkflation,” as food producers cut packet sizes while charging the same
2023-06-06 17:54
Penn State Official to Lead R&D Arm of $52 Billion US Chips Push
The Biden administration is tapping an official from Pennsylvania State University to head its new semiconductor research and
2023-06-06 17:29
French Unions Hold New Strikes Against Macron Pension Reform
French unions are holding a fresh day of strikes against Emmanuel Macron’s pension reform in a test of
2023-06-06 17:17
Ukraine Blames Russia for Dam Blast As War Intensifies
Ukraine said Russian forces blew up a giant dam in the country’s south, unleashing a torrent of floodwater
2023-06-06 16:56
Australia’s Hawkish Interest-Rate Hike Explained in Four Charts
Australia’s central bank surprised investors for a second straight month with an interest-rate increase that suggested it’s worried
2023-06-06 16:53
Asia Family Offices Are Most Bearish on Property, Survey Shows
Asian family offices are turning more bearish on property than any other asset class, as interest rates rise
2023-06-06 16:45
Eskom Latest: Loadshedding Paused as Generation Capacity Improves
South Africa’s state power utility temporarily suspended electricity cuts because of an improvement in available generation capacity. Outages
2023-06-06 16:16
Australia Unexpectedly Raises Key Rate, May Tighten Further
Australia’s central bank unexpectedly raised its key interest rate and kept the door open to further hikes, fretting
2023-06-06 14:54
Japan Renews Chip Plan, Confirms Sales Goal of $108 Billion
The Japanese government revamped its chip strategy with a goal of tripling sales of domestically produced semiconductors to
2023-06-06 14:51
German Factory Orders Fall Further, Adding to Industry Weakness
German factory orders unexpectedly fell in April, further dimming prospects for Europe’s largest economy after it endured the
2023-06-06 14:21
TSMC Tempers Capex Outlook to $32 Billion as Chip Demand Weakens
Taiwan Semiconductor Manufacturing Co. tempered its outlook for 2023 capital spending, as the main chipmaker to Apple Inc.
2023-06-06 13:50