Korea Export Slide Eases, Signalling Global Demand Bottom
South Korea’s exports slump eased for a second month in May, an early sign that weakness in global demand may finally be starting to moderate.
South Korea’s exports slump eased for a second month in May, an early sign that weakness in global demand may finally be starting to moderate.
Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central bank targeting inflation easing to single-digits earlier, giving room to support the nation’s economic recovery that’s gotten a lift from bailout funds.
Asia’s ultra-rich clans are poised to invest more in China after retreating in 2022, according to research from UBS Group AG.
Five months ago, Kevin McCarthy looked unlikely to forge a bipartisan agreement to help avert a disastrous US default.
Schroder Investment Management Ltd. will seek more answers from governments over climate and other ESG risks, as the £347.6 billion ($432 billion) money manager tries to gauge how extreme weather and other environmental, social and governance events will impact investments including sovereign bonds.
Gold still looks too expensive after recent declines, according to a Pimco managing director who says sticky inflation will make it difficult for the Federal Reserve to meaningfully cut rates.
Long lines, lost baggage and lengthy delays — common features of air travel these days. Now passengers in some places are being asked to step on the scales before boarding to help airlines calibrate their weight loads.
Falling coal prices could drive Chinese imports to all-time highs, as fuel unwanted elsewhere in the world is diverted to the biggest consumer.
Alibaba Group Holding Ltd. is integrating its most advanced artificial intelligence system into its Slack-like DingTalk messaging app and a meeting assistant named Tingwu.
Florida Governor Ron DeSantis sought to court Iowa voters as the best alternative to Donald Trump, continuing the official kickoff to his Republican presidential campaign on Wednesday.