Powell Signals Higher Rates as Lawmakers Press Him on Bank Rules
Federal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce US
2023-06-22 02:53
Fed’s Bostic Says Bar to Justify Further Rate Hikes Is Higher
Federal Reserve Bank of Atlanta President Raphael Bostic said he supports holding the central bank’s target-rate level and
2023-06-22 02:47
Volkswagen Maps Out Profit Push With Brands Getting More Autonomy
Volkswagen AG’s boss has handed the company the tall order of raising returns while making the switch to
2023-06-22 00:25
Venezuela’s Ban on Crypto Mining Is Ruining the Industry It Once Embraced
Venezuela’s temporary ban on mining cryptocurrencies within the country is effectively killing the industry President Nicolás Maduro worked
2023-06-21 21:22
Turkish central bank to hike rates sharply in post-election pivot
By Ali Kucukgocmen ISTANBUL Turkey's central bank is expected to raise its policy rate sharply on Thursday in
2023-06-21 20:26
ECB’s Kazimir Says Core Inflation Must Be Tamed for Pause
The European Central Bank can only pause interest rate hikes at its September meeting if it’s certain that
2023-06-21 18:18
Nomura and Mizuho Join Bullish Shift on Toyota as EV Fears Ease
Analysts are becoming more optimistic toward Toyota Motor Corp. as fears retreat that the world’s biggest automaker is
2023-06-21 17:58
ECB’s Rehn Joins Race to Succeed Niinisto as Finnish President
Finnish central bank Governor Olli Rehn joined the race for the president of the Nordic country in the
2023-06-21 15:29
UK inflation stops falling as airfares and second-hand car prices soar
UK inflation stayed stuck at 8.7% in May as prices for recreation and cultural activities rose at a faster pace than the previous month.
2023-06-21 15:27
Europe Car Sales Rise in May on Surging Demand for EVs
Auto sales in Europe continued their upward trajectory in May, rising for the 10th month in a row,
2023-06-21 14:27
China Extends Tax Breaks for New Energy Vehicles Until 2027
China extended tax breaks for consumers buying clean cars through 2027, estimated to be worth 520 billion yuan
2023-06-21 13:55
European Firms Grow More Pessimistic on Doing Business in China
A record share of European companies say doing business in China is getting more difficult, with some already
2023-06-21 13:50