Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal
2023-06-15 08:15
Strategists See Resilience in Asia FX, Stocks After Fed
Asian stocks and emerging-markets currencies should be resilient while short-end bond yields are likely to move higher. Those
2023-06-15 07:56
New Zealand’s Economy Falls Into Recession, Currency Drops
New Zealand’s economy contracted in the first quarter, confirming that a recession began in the final three months
2023-06-15 07:54
Twitter Sued by Music Firms Over Violating Copyrights, At Up to $150,000 a Work
The National Music Publishers’ Association sued Twitter Inc. Wednesday, alleging it violates the copyright of songwriters by using
2023-06-15 07:28
A Chatbot That Won't Take Bribes for Giving Advice Is a Hit in India
ChatGPT quickly found a home in the sophisticated echelons of investment banks and drug design firms. Now, the
2023-06-15 07:15
Asia, US Stock Futures Climb After Fed Rate Pause: Markets Wrap
Stocks in Asia are poised for muted gains after US equities inched higher after the Federal Reserve paused
2023-06-15 06:53
Gulf Central Banks Hit Pause on Rate Hikes in Tandem With Fed
Central banks in the Gulf including Qatar and the United Arab Emirates followed the Federal Reserve’s decision to
2023-06-15 02:49
Traders Pull Back Wagers on Fed Interest-Rate Cut This Year
Bond traders are wiping out bets that the Federal Reserve will lower interest rates this year after the
2023-06-15 02:49
Used-Car Prices May Cool Off in Months Ahead, According to Industry Indicators
The jump in used-car costs that propped up US inflation last month is widely expected to swing into
2023-06-15 01:17
WE Soda Scraps London IPO in Another Blow to UK Market
WE Soda canceled its London initial public offering just two weeks after unveiling its plan for a listing,
2023-06-15 00:28
Pan-African Approach Needed to Ensure Food Security: New Economy
A pan-African approach is needed to solve the continent’s food-security dilemma given the high cost of developing agricultural
2023-06-14 23:16
EU Lawmakers Vote to Limit AI Use, Ban Public Face-Scanning
The European Parliament voted to completely ban real-time, remote biometric surveillance — a decision that will put lawmakers
2023-06-14 21:57