China’s Top Rating Firm Downgrades US in Echo of Global Rivalry
While the world’s major credit-rating agencies have held off downgrading the US as Washington barrels toward the fiscal
2023-05-26 10:49
Hyundai Motor, LG Plan $4.3 Billion EV Battery Plant in US
South Korea’s Hyundai Motor Group and LG Energy Solution Ltd. will invest 5.7 trillion won ($4.3 billion) to
2023-05-26 10:29
BOJ’s Ueda Says Wages Aren’t the Goal, Keeps Speculators in Dark
Bank of Japan Governor Kazuo Ueda indicated his desire to hold on to policy flexibility by playing down
2023-05-26 10:25
China Easing Bets Climb to Highest This Year as Growth Sputters
Traders have ratcheted up bets on Chinese monetary easing to the most since November on signs the economy’s
2023-05-26 08:56
US Commerce Chief Raises Concern on China Moves Against US Firms
US Commerce Secretary Gina Raimondo expressed concern about recent actions Beijing has taken against American companies in a
2023-05-26 08:49
Tokyo Inflation Slows, Supporting BOJ’s Price View for Now
Inflation in Tokyo slowed, supporting the Bank of Japan’s view that prices will likely slow toward the autumn,
2023-05-26 08:27
North Korea to Send More IT Workers Abroad to Fund Arms, US Says
North Korea is ramping up efforts to deploy information technology workers overseas as it increasingly relies on cyberattacks
2023-05-26 08:26
China Hedge Fund Loses Case Against Top Quant Who Joined Rival
Shanghai Ruitian Investment LLC, a top Chinese quantitative hedge fund founded by an ex-Citadel researcher, lost a high-profile
2023-05-26 07:50
New Zealand Cyclone Was Less Inflationary Than Feared, RBNZ Says
The cyclone that devastated large parts of New Zealand’s North Island in February has been less inflationary than
2023-05-26 07:45
Taiwan to Find Out How Deep Recession Is as Election Looms
Taiwan is set to reveal how much the recession has undermined the economy this year, with the deteriorating
2023-05-26 07:22
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:51
Chinese Hackers Targeting US, Guam Aim to Disrupt Communications, Microsoft Says
A Chinese state-sponsored hacking group has stealthily gained access to infrastructure organizations in Guam and elsewhere in the
2023-05-25 17:45