Meta Platforms Inc. said that a recovery in advertising will drive revenue growth at the fastest rate since 2021, helping Chief Executive Officer Mark Zuckerberg rekindle investor support for his longer-term ambitions.
Turkey’s newly-installed central bank Governor Hafize Gaye Erkan will step into the spotlight for the first time on Thursday when she unveils fresh inflation forecasts, a fraught moment for an institution still struggling to regain credibility under her stewardship.
The European Central Bank is set to lift interest rates by another quarter-point as investors ponder if this could be the final salvo in officials’ yearlong campaign of hikes.
The price of gasoline is starting to surge everywhere, an inflationary omen for central banks and governments the world over.
China’s military has launched an inquiry into corruption linked to procuring hardware going back more than five years, urging the public to step forward with tips on wrongdoing.
Malaysian Prime Minister Anwar Ibrahim unveiled a plan Thursday to reset the Southeast Asian economy’s growth trajectory, with an eye on boosting incomes and participation of women in the workforce while lowering the budget deficit to reduce stress on government finances.
The Philippines, recovering from damage wrought by Typhoon Doksuri, is seeking a new insurance plan as protection against future calamities after its catastrophe bond lapsed.
German auto giant Volkswagen AG’s $700 million investment in Xpeng Inc. is a vote of confidence in the electric-vehicle upstart and the latest sign of how rapidly China is starting to dominate the global transition to clean vehicles.
Singapore’s labor market, which expanded at the slowest pace in seven quarters, is expected to cool further as companies appear to be more cautious on hiring and giving pay hikes, according to the manpower ministry.
Iron ore’s rally over the last couple of months is looking increasingly brittle as hopes fade for the type of big-bang, infrastructure-heavy stimulus that China used to deploy.
