Timilehin Adejumobi
China's central bank trimmed its one-year lending rate by 10 basis points and left its five-year rate unmoved, a...
Global economy
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.9% on Tuesday, after U.S. stocks ended...
In early trade, Taiwan Semiconductor Manufacturing Co Ltd's shares underperformed a 1.65% fall in the broader index (.TWII).
Gross merchandise volume (GMV) measures the total value of all goods sold through a platform or marketplace,...
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.84% to 503.93, the lowest since March 21, and...
Global dividends surged 12 percent between January and March compared to the same period in 2022, which...
Global debt nears record highs as rate hikes trigger ‘crisis of adaptation,’ top trade body says
2 min read
Central banks around the world have been hiking interest rates for over a year in a bid...
A standoff between President Joe Biden and the Republican-controlled House of Representatives, which has raised the prospect...
The iPhone maker's bottom line capped a successful earnings season for US tech giants, with Meta, Google...
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) , the world's largest contract chipmaker and a major Apple Inc (AAPL.O) supplier,...
The weaker growth prospects stem from the progress economies like China and South Korea have made in...
Oil prices extended gains on Tuesday, with investor attention shifting to demand trends and the impact of...
In a note titled "There are many carry trades, and they can't all be bailed out", JPMorgan...
The Wall Street brokerage now sees global growth slowing this year to about 2.2%, 0.25% higher than...
Feyisayo Ajayi
The Wall Street brokerage headed by Nathan Sheets predicted that this year's worldwide GDP will drop to...
Getting there, and avoiding a recession, depended on moderation in wage rises, RBA Governor Philip Lowe told...
The outlook turned more positive on the global economy due to better-than-expected domestic factors in several countries,...
"Samsung might be seeing this time as a good opportunity to increase market share, which should help...
Drilling activity picked up in 2022 in response to elevated oil prices but the pace remains slower...
The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and...
U.S. West Texas Intermediate (WTI) crude futures slid 60 cents, or 0.8%, to $79.26 from Friday's close....
"The slowdown in global employment growth means that we don't expect the losses incurred during the COVID-19...
Chinese blue chips (.CSI300) added 0.7%, while Hong Kong shares (.HSI) climbed 1.4%. China's yuan also firmed to its highest since...
Metals rose over 1.5% after China announced plans to raise export tariffs on aluminium from Jan. 1...
The new year is going to be "tougher than the year we leave behind," IMF Managing Director...
"This has been an extraordinary year for commodity markets, with supply risks leading to increased volatility and...
Economies around the world have been grappling with a multitude of shocks — from Russia’s invasion of...
Months before Tuesday's surprise tweak to its yield control policy, Bank of Japan (BOJ) policymakers had discussed...
The U.S. Federal Reserve is expected to issue a 50 basis point interest rate hike next week....
A U.S. measure of inflation that’s closely watched by the Federal Reserve eased in October, raising questions...
U.S. consumers were alone in the survey of nine nations, which also included Australia, in saying they...
