IMF Managing Director says she does not expect a rapid shift in US dollar reserves
DOHA The International Monetary Fund's managing director said on Wednesday she does not expect there to be a
2023-05-24 17:57
Nvidia’s $400 Billion Rally Is Set for Reality Check
The rally that’s added roughly $400 billion to Nvidia Corp.’s market value this year is about to be
2023-05-24 17:52
LVMH, Kering Slide as China Worries Spur $56 Billion Luxury Rout
European luxury stocks including LVMH and Gucci owner Kering SA fell as a wave of Covid infections in
2023-05-24 17:28
Bangladesh Will Buy Oil at a ‘Comfortable Price,’ PM Hasina Says
Bangladesh will buy oil from whoever gives a “comfortable price,” Prime Minister Sheikh Hasina said, as the South
2023-05-24 17:25
South Africa's April inflation slows more than forecast to 6.8% y/y
JOHANNESBURG South Africa's headline consumer inflation slowed more than expected in April to 6.8% year on year from
2023-05-24 16:19
UK inflation falls by less than expected, core inflation jumps
By Andy Bruce LONDON (Reuters) -Britain's high inflation rate fell by less than expected in April and a closely watched
2023-05-24 15:18
South Africans face more interest rate hike pain as inflation sticks
By Kopano Gumbi JOHANNESBURG South Africa's central bank will likely extend its tightening cycle and push rates cuts
2023-05-24 15:18
Putin’s Central Bank Is Also on the Battlefield in Ukraine
President Vladimir Putin has increasingly put Russia’s economy on a war footing since his invasion of Ukraine. The
2023-05-24 13:16
China's Lenovo revenue falls for third consecutive quarter as PC demand slumps
By Josh Ye HONG KONG China's Lenovo Group Ltd on Wednesday reported a 24% fall in revenue for
2023-05-24 12:57
US Faces $48 Trillion Moment of Truth This Decade, McKinsey Says
The US faces a $48 trillion moment of truth this decade that could see it lapsing into a
2023-05-24 12:16
New York City Asks Judge to Suspend Right-to-Shelter Amid Influx
New York City Mayor Eric Adams has asked a judge to temporarily suspend a 42-year-old court ruling requiring
2023-05-24 11:53
Chinese Stocks Close to Erasing 2023 Gain as Headwinds Intensify
Chinese stocks fell, with the benchmark index close to erasing its gains for the year, as a weaker
2023-05-24 10:53