Debt-Limit Deal Passes the House, Easing US Default Concerns
The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints
2023-06-01 17:45
Fear of US-China Conflict Looms Over Singapore Defense Forum
Asian leaders accustomed to straddling the US-China divide are increasingly nervous that tensions between the world’s two superpowers
2023-06-01 17:26
Euro-Area Core Inflation Eases But Won’t Stop ECB Raising Rates
Underlying inflation in the euro zone dipped by more than expected, though the retreat is unlikely to stop
2023-06-01 17:18
Larry Summers Sees UK Recession After ‘Historic Error’ on Brexit
Larry Summers has said he would be “very surprised” if the UK gets through the next two years
2023-06-01 16:45
Swiss Face Rent Hikes With First Mortgage Gauge Jump in 15 Years
Switzerland’s national benchmark for mortgage costs rose the first time in its history, setting up thousands of tenants
2023-06-01 14:57
Singapore Regulator Says AI is Focus of Marquee Fintech Festival
Artificial intelligence will take center stage at Singapore’s annual fintech event in November, underscoring the growing significance of
2023-06-01 13:49
Stocks Rise on China Data Surprise, Fed Pause Talk: Markets Wrap
Stocks in Asia were broadly higher in choppy trading as the House passed a deal to avert US
2023-06-01 11:46
Fintech Brex’s Revenue Surges After Regional Bank Turmoil
Brex, a credit-card startup, has seen a surge in usage of its products following this year’s regional banking
2023-06-01 08:52
Amazon Employees Walk Out to Protest Climate, RTO Policies
A few hundred Amazon.com Inc. employees walked off the job Wednesday to protest the company’s return-to-work policies, impact
2023-06-01 04:27
Fed’s Jefferson Signals a Rate Pause Is on the Way But More Hikes Could Follow
Federal Reserve Governor Philip Jefferson signaled the central bank is inclined to keep interest rates steady at its
2023-06-01 02:22
US Mortgage Rates Rise to Near Seven-Month High of 6.91%
US mortgage rates surged to the highest level since early November last week, stifling demand for home purchases
2023-05-31 21:19
Services Sector Shields Indian Economy From Still-High Rates
India’s economy grew faster than the government’s expectations last year, as demand spurred an expansion in the services
2023-05-31 20:23