A private gauge of China’s services activity climbed to the highest in five months, potentially easing some concern about the economy.The Caixin services purchasing managers’ index rose to 52.9 last...
Activity in Russia's manufacturing sector expanded at its fastest pace in almost seven years in December, a business survey showed on Friday, though new export orders contracted for the second month...
03/01/2024
Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign coffee chains that have opened thousands of branded shops in recent months and surpassed the...
02/01/2024
Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks, according to new industry data.Source: Bloomberg
29/12/2023
Singapore penalized Credit Suisse S$3.9 million ($3 million) for its failure to prevent or detect misconduct by its relationship managers in the city-state.The bankers had provided clients with...
28/12/2023
Home prices in the US rose for a ninth straight month, reaching a fresh record as buyers battled for a stubbornly tight supply of listings.A national gauge of prices rose 0.6% in October from...
27/12/2023
Social media platform X, formerly known as Twitter, was restored globally early Thursday, with over 77,000 U.S. users facing issues at the peak of the outage.Users in Canada, Britain, France and...
22/12/2023
Attacks in the Red Sea linked to the Israel-Hamas war will cause shipping delays and drive up the price of goods, bringing a new inflation risk to the economy.Shipping companies are diverting cargoes...
21/12/2023
Federal Reserve Bank of Richmond President Thomas Barkin suggested the US central bank would cut interest rates if recent progress on inflation continues, but said he’s still looking for conviction...
20/12/2023
Federal Reserve Bank of Chicago President Austan Goolsbee said it’s too early to declare victory in the central bank’s inflation fight, and decisions on interest-rate cuts will be based on incoming...
19/12/2023