Surprise China Rate Cut Only Highlights Tough Choices Facing Xi
President Xi Jinping has resisted pulling the trigger on a major stimulus to revive the world’s second-biggest economy.
2023-08-15 19:28
Typhoon Lan Paralyzes Planes and Trains While Crossing Japan
Typhoon Lan reached the coast of central Japan early Tuesday, grounding flights and halting trains as residents braced
2023-08-15 17:50
The Fed’s Interest-Rate Debate Is Shifting
As Federal Reserve officials close in on the end of their tightening campaign, the debate is shifting from
2023-08-15 17:27
Can Sweden’s Visionary Wood City Outrun Its Real Estate Crisis?
This article is part of the Bloomberg Green series Timber Town, which looks at the global rise of
2023-08-15 17:16
Federer-Backed Shoemaker On Says Strong Franc Weighs on Sales Growth
Swiss shoemaker On Holding AG said the strength of the franc will dampen its ability to fully capitalize
2023-08-15 17:16
Danish GDP Grew For Third Quarter As Pharma Boosts Economy
Denmark’s economy expanded for the third consecutive quarter as Novo Nordisk A/S and other Danish drugmakers enjoy massive
2023-08-15 16:49
Russia Hikes Rates at Emergency Meeting After Ruble’s Crash
Russia’s central bank raised interest rates to the highest in over a year, increasing the pace of monetary
2023-08-15 16:26
Indonesia’s GoTo Cuts Loss After Bottom-Line Focus Pays Off
GoTo Group narrowed losses after prioritizing the bottom-line over revenue growth, taking the Indonesian internet leader closer to
2023-08-15 16:25
European Stocks Decline as China Concerns Build; UK Stocks Lag
European equities slipped amid light trading, as China’s central bank decision to unexpectedly cut a key interest rate
2023-08-15 16:20
China Mulls Stamp Duty Cut to Revive Slumping Stock Market
Chinese authorities are considering cutting the stamp duty on stock trades for the first time since 2008, people
2023-08-15 15:58
Iron Ore Climbs as China’s PBOC Cuts Rates to Support Recovery
Iron ore gained and copper fluctuated as China’s central bank cut rates to support a sputtering recovery, with
2023-08-15 15:56
Malaysia Former Premier Muhyiddin Freed of Graft Charges
Malaysia’s former Prime Minister Muhyiddin Yassin said a court judge had acquitted him of four abuse of power
2023-08-15 15:29