New Zealand's economy contracted in the second quarter as activity fell in a number of major industries, keeping the central bank on track for more rate cuts
September 18, 2024
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25%, tracking a move by the U.S.
September 18, 2024
The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, putting the focus instead on a decision about
September 18, 2024
Britain could attract up to 7.7 billion pounds ($10.2 billion) in additional foreign sovereign investment by 2030 if it pursues a long-term blueprint for enticing such funds, a
September 18, 2024
The relatively large rate cut signals that the Fed is shifting its focus from fighting inflation to supporting the labor market, an economist explains.
September 18, 2024
The United Auto Workers (UAW) union said on Wednesday it has set a strike deadline at Ford's tool and die unit in the River Rouge Complex over local contract issues.
September 18, 2024
Brazil's central bank kicked off an interest rate-hiking cycle on Wednesday with a 25 basis-point increase, as expected, and signaled more increases ahead to
September 18, 2024
A look at the day ahead in Asian markets.
September 18, 2024
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been,
September 18, 2024
Mobile games developer Playtika said on Wednesday it would acquire peer SuperPlay in a deal that could go up to $1.95 billion, which would bring popular games such as Bingo Blitz and Dice
September 18, 2024
Republican presidential candidate Donald Trump commented on the U.S. Federal Reserve's rate cut on Wednesday by saying "it was a big cut."
September 18, 2024
Insurer American International Group named industry veteran Keith Walsh as its executive vice president and chief financial officer on Wednesday, effective Oct. 21 this year.
September 18, 2024
How to make the Fed rate cut work for you
September 18, 2024
The latest trial over claims that the discontinued heartburn drug Zantac causes cancer ended with a hung jury on Wednesday, as jurors in Chicago were unable to agree on
September 18, 2024
U.S. consumers got an immediate reprieve on borrowing costs from banks after the Federal Reserve cut interest rates on Wednesday for the first time
September 18, 2024
Foreign holdings of U.S.
September 18, 2024
Tupperware Brands filed for bankruptcy protection on Tuesday, after years of struggling with poor demand for its food storage containers and rising financial losses.
September 18, 2024
Tupperware Brands filed for bankruptcy protection in Delaware late on Tuesday, succumbing to mounting losses due to poor demand for its once popular
September 18, 2024
New Zealand's competition watchdog will take Qantas' low-cost arm Jetstar to court alleging the airline misled consumers about their rights to compensation over delayed and cancelled
September 18, 2024
U.S. telehealth company Hims & Hers Health on Wednesday said it will sell compounded versions of Novo Nordisk's popular weight-loss drug Wegovy to patients in
September 18, 2024
The Federal Reserve announced a jumbo-sized rate cut, its first rate reduction cut since Covid. Federal Reserve chair Jerome Powell held a press conference to share more about the supersized rate cut.
September 18, 2024
Only Malta and Denmark will submit their debt reduction plans to the European Commission by the initial September 20 deadline set by the EU's new fiscal rules,
September 18, 2024
Futures on the federal funds rate, which measures the cost of unsecured overnight loans between banks, priced on Wednesday about 74 basis points of additional interest rate cuts by
September 18, 2024
Federal Reserve Chairman Jerome Powell said Wednesday that central bank forecasts for the path of interest rate cuts don't imply an urgent process.
September 18, 2024
The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a steady easing of monetary policy with a larger-than-usual reduction
September 18, 2024
Harris campaign reports spending nearly three times as much as Trump in August
New Zealand pilot Phillip Mehrtens freed from captivity in Indonesia's Papua
Sri Lanka has more women voters than men but no female presidential candidates
Israel-Hamas war latest: Israel claims death of Hezbollah commander as Beirut toll rises
Biden is putting personal touch on Asia-Pacific diplomacy in his final months in office
AI is helping shape the 2024 presidential race. But not in the way experts feared
Japan's Icom: highly unlikely wireless devices that exploded in Lebanon are our products
The Midwest could offer fall’s most electric foliage but leaf peepers elsewhere won’t miss out
Phillies clinch 3rd straight playoff berth and close in on NL East title
Wojnarowski one of the first significant sports 'insiders' to step away from the spotlight