Economists See South Africa Skirting Recession in First Quarter
South Africa’s economy probably avoided a technical recession in the first quarter, despite more intense power outages. A
2023-05-12 19:52
ECB May Need to Tighten Further After the Summer, Nagel Says
The European Central Bank may have to continue raising borrowing costs beyond the summer, according to Governing Council
2023-05-12 16:22
UK Economy Hit Setback in March With Consumers Turning Cautious
The UK economy shrank unexpectedly in March as households turned more cautious and strikes hit activity across a
2023-05-12 15:48
Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
The Federal Reserve will likely need to raise interest rates further and hold them higher for some time
2023-05-12 15:28
Kepco CEO to Resign as Utility Pledges Financial Overhaul
Korea Electric Power Corp.’s Chief Executive Officer Cheong Seung-il offered to resign as the state-run utility announced a
2023-05-12 15:28
Rand Extends Slump as South Africa’s Row With US Puts Trade Ties at Risk
The rand slumped to its weakest level on record against the dollar as a diplomatic row between South
2023-05-12 15:17
China Housing Rebound Fizzling Shows Risks to Economic Recovery
China’s housing market sales is regressing after a brief recovery, underscoring the challenges the world’s second-largest economy is
2023-05-12 14:18
Asian shares weaken on global growth concerns, Japan outperforms
By Stella Qiu SYDNEY Most Asian share markets were subdued on Friday and the dollar held onto its
2023-05-12 14:16
Pakistan Latest: Government Slams Court for Freeing Imran Khan
Pakistan’s government criticized the Supreme Court for releasing former premier Imran Khan from custody and vowed to find
2023-05-12 14:15
Gold Looks ‘Best Hedge’ as Debt-Ceiling Angst Builds, RBC Says
Mounting fears over the US debt-ceiling crisis will benefit gold as investors brace for potential chaos in financial
2023-05-12 13:57
Export-Import Bank Defies Biden Climate Vow With Indonesian Oil Refinery Loan
US Export-Import Bank leaders voted Thursday to lend $99.7 million to expand an oil refinery in Indonesia, bucking
2023-05-12 11:51
China, Australia Trade Ministers Meet in Beijing to Ease Dispute
China and Australia’s trade ministers will hold their first in-person economic dialog since 2019 on Friday as Canberra
2023-05-12 11:23