Big China Stimulus Isn’t Coming, Former IMF Official Says
China will likely disappoint those hoping the government will roll out massive stimulus to shore up the weakening
2023-06-29 14:52
US court approves Cineworld's restructuring plan
British cinema chain operator Cineworld Group said on Wednesday that a U.S. court had approved its debt restructuring
2023-06-29 14:49
Trump news – live: Trump gives ‘bravado’ defence for classified documents tape as he sues E Jean Carroll
Donald Trump is now suing E Jean Carroll for defamation, one month after he was found liable for sexually abusing her in a Manhattan department store and then defaming her by denying the attack took place. The former president filed a counterclaim on Tuesday claiming that she defamed him when she stood by her rape accusation in an interview with CNN one day after the jury verdict. The counterclaim was in response to the first of two lawsuits the magazine columnist brought against Mr Trump. In a civil trial in the second lawsuit last month, a jury awarded Ms Carroll $5m in damages. Meanwhile, Rudy Giuliani has confirmed that he recently spoke to federal investigators as part of their probe into efforts to overturn the 2020 election results. Mr Giuliani, the former New York City mayor, was part of Mr Trump’s legal team who made false claims of election fraud. In other news relating to the former president’s legal troubles, Mr Trump’s new defence regarding the recording of him talking about classified military plans at his Bedminster golf club in 2021 was that it was “bravado” and there were no secret papers present among his other documents. Read More Kevin McCarthy knows he crossed the line with Donald Trump Trump's GOP support dips slightly after his indictment over classified documents, AP-NORC poll finds ‘Any Republican not named Trump’: Paul Ryan says former president is only candidate who would lose to Biden
2023-06-29 14:49
UK Bond Trading Is Surging as Wealthy Brits Grab Tax-Free Gilts
Wealthy UK investors are buying up gilts at a frenetic pace to take advantage of tax perks and
2023-06-29 14:30
Manipur: Rahul Gandhi to tour India state rocked by ethnic unrest
Opposition Congress MP Rahul Gandhi is due to meet people displaced by Manipur violence.
2023-06-29 13:50
Renault Raises Outlook on New Vehicles, Drive to Cut Costs
Renault SA upgraded its full-year earnings guidance, thanks to strong sales momentum from some new models like the
2023-06-29 13:49
Russia-Ukraine war live: Moscow ‘arrests General Armageddon’ over Wagner rebellion
Russian General Sergei Surovikin has been reportedly arrested for allegedly having knowledge about Yevgeny Prigozhin’s attempted coup over the weekend. The defence ministry is yet to officially comment on the alleged arrest of “General Armageddon”, who has not been seen in public since last Saturday, when the Wagner chief launched an armed rebellion against Vladimir Putin. “Apparently, he [Surovikin] chose Prigozhin’s side during the uprising” and they have gotten ahold of him, a source was quoted by Moscow Times as saying. Meanwhile, Belarusian president Alexander Lukashenko said he persuaded Mr Putin not to “wipe out” Wagner mercenary chief, in response to what the Kremlin cast as a mutiny. While describing his Saturday conversation with Mr Putin, the Belarusian president used the Russian criminal slang phrase for killing someone, equivalent to the English phrase to “wipe out”. “I also understood: a brutal decision had been made (and it was the undertone of Putin‘s address) to wipe out” the mutineers, he said, according to Belarusian state media. It comes as twin girls and a child are among 12 people killed in a Russian strike on a restaurant in the city of Kramatorsk using a supersonic Iskander missile, authorities in Ukraine have said. Read More All we know about Kramatorsk pizza restaurant missile strike that killed twin sisters Twin sisters, aged 14, among at least 11 dead in Russian missile strike on pizza restaurant in Ukraine Joe Biden says Putin is ‘clearly losing the war in Iraq’
2023-06-29 13:21
After 99% Stock Rout, Debt-Stricken Thai Firm Stark Seeks Way to Avoid Delisting
Stark Corp., the Thai industrial cable maker at the center of an accounting scandal and debt default that
2023-06-29 12:22
Pfizer’s Exit Halves Japan Biotech Firm Value In Just Three Days
Sosei Group Corp. has lost over half of its market value in just three days on concern about
2023-06-29 11:49
China Needs Stimulus and Clearer Rules, Ex-IMF Official Says
China needs to keep cutting rates, roll out more stimulus and clarify the role it wants the private
2023-06-29 11:23
China’s Arsenal of FX Support Is Ready as Yuan Pessimism Lingers
China may need to dig deeper into its policy kit to arrest a slide in the yuan, if
2023-06-29 10:49
Fading Coal and Gas Hubs Can’t Rely on Green Fuels to Save Jobs
Coal and natural gas production hubs in Australia, one of the top exporters of the fossil fuels, should
2023-06-29 10:29
