Jerome Powell’s first four years as Federal Reserve chair were defined by saving the U.S. economy from the historic challenge of the pandemic. His second term -- and his legacy -- will be about...
Russian stocks and bonds took a further hit on Monday, while the rouble also sank, as investors reacted to warnings of a rising threat of military action against Ukraine.Source: Financial Times
25/01/2022
Renault SA (RENA.PA), Nissan Motor Co and Mitsubishi Motors Corp (7211.T) plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan told...
24/01/2022
Indonesia opened up two islands close to Singapore to visitors from the city-state on Monday, officials said, as part of calibrated moves to reboot its tourism sector while controlling the spread of...
24/01/2022
At his Jan. 11 hearing for confirmation to another four years at the helm of the Federal Reserve, Jerome Powell told the Senate Banking Committee that tighter monetary policy “really should not have...
21/01/2022
President Joe Biden said that he’s not ready to lift tariffs his predecessor imposed on Chinese imports, despite calls from U.S. businesses to relieve the duties.Source: Bloomberg
20/01/2022
Major international airlines rushed to rejig or cancel flights to the United States ahead of a 5G wireless rollout on Wednesday that has triggered safety concerns, despite two wireless carriers...
19/01/2022
The world’s poorest countries face a $10.9bn surge in debt repayments this year after many rebuffed an international relief effort and instead turned to the capital markets to fund their responses to...
18/01/2022
China’s central bank cut its key interest rate for the first time in almost two years, bolstering an economy that’s losing momentum in the face of repeated virus outbreaks.Source: Bloomberg
17/01/2022
China is likely to post its weakest economic growth in more than a year when it releases quarterly data Monday as it counts the cost of a deepening property market slump and disruptions from virus...
14/01/2022