KUALA LUMPUR Malaysia has taken action against 400 companies so far this year for violating labour laws, state

By Jody Godoy A federal judge has ruled that the U.S. Consumer Financial Protection Bureau (CFPB) does not

The drive south from the ancient city of Tangier spans decades of economic development in half an hour,

World markets are mostly higher, lifted by optimism that Congress and the president can strike a deal to unlock a vote for lifting the U.S. government's debt ceiling

Shares of Dollar General are up more than 7% before the opening bell after the discount chain said Todd Vasos will be returning as CEO after a streak of disappointing quarterly profits

China’s top province for solar power will increase payments for battery storage plants to incentivize investment in the

LONDON Euro zone manufacturing activity took a further step back last month in a broad-based downturn, according to

One morning, Alexander Marlon, a private chef in Greenwich, Connecticut, was given less than two hours to source

Ukraine’s finance ministry said it completed the nationalization of Sense Bank JSC from foreign stakeholders controlled by a

TOKYO MUFG Bank is among three Japanese firms leading a $290-million fundraising round for U.S. spaceship company Sierra

President Joe Biden touted his economic record amid continuing dissatisfaction among Americans with the state of the US economy by saying his policies have proven effective. Mr Biden delivered a fiery speech on Wednesday in Chicago where he sought to flip a term that the Wall Street Journal outlets have used against him--Bidenomics--into a plus. “I didn’t come up with the name,” he said. “I think it’s a plan I’m happy to call Bidenomics.” The president, who is seeking re-election in 2024, said that the US economy has largely recovered from the recession caused by the Covid-19 pandemic and had sought to refute Republican economics. “Guess what? Bidenomics is working,” he said to applause. “When I took office, the pandemic was raging and the economy was reeling. Supply chains were broken. Millions of people were unemployed.” Despite low unemployment, many Americans continue to see inflation as a top priority. A survey from the Pew Research Center last week showed that 52 per cent of Democrats and 77 per cent of Republicans say inflation is still a “very big problem.” Mr Biden sought to soothe those concerns by saying he continues to prioritise lowering prices and noted how inflation is less than half of what it was one year ago. “Bringing down inflation remains one of my top priorities today,” he said. Mr Biden also mentioned the progress that his signature Inflation Reduction Act has made, such as allowing Medicare to negotiate drug prices. “We’ve been trying to get this done for decades and this time we finally beat big pharma for the first time,” he said. Read More Watch as Biden makes statement on economic policy in Chicago Cambodian leader Hun Sen, a huge Facebook fan, says he is jumping ship to Telegram Paul Ryan says Trump is only Republican candidate who would lose to Biden in 2024

By Leika Kihara and Tetsushi Kajimoto TOKYO China will be the elephant in the room at this week's