China Urged to Boost Fiscal Stimulus After Central Bank Eases
Expectations are growing that China’s government will boost spending, especially on infrastructure, as part of a broader stimulus
2023-06-16 13:16
Ueda Holds Stimulus as BOJ Continues to Sidestep Tightening Wave
The Bank of Japan continued to defy global central bank trends by sticking with stimulus as it waits
2023-06-16 12:51
Australia Sign-on Bonuses Highlight RBA’s Labor Market Fears
Australian employers are offering signing bonuses to entice workers, with companies like Wesfarmers Ltd. and Ramsay Health Care
2023-06-16 10:17
China’s Weakening Economy Puts Focus on Stimulus After Rate Cut
China’s weakening economy prompted the central bank to cut interest rates for the first time since August, and
2023-06-15 16:26
Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
2023-06-15 13:28
China Youth Jobless Rate Hits Record 20.8% in Challenge for Policymakers
China’s youth jobless rate edged up to a fresh record in May as the economy’s recovery slowed, adding
2023-06-15 12:56
Australian Jobs Surge Boosts Rate-Hike Bets as Inflation Lingers
Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to
2023-06-15 11:22
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:24
Bond Traders Step Up Bets the Fed Will Steer US Economy Into Recession
Bond traders are stepping up wagers that the Federal Reserve will steer the US economy into a recession.
2023-06-15 08:30
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
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
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