New Zealand’s central bank unexpectedly raised interest rates by 50 basis points, maintaining its pace of tightening to tame inflation even as the economy heads toward recession. The currency jumped.
Vietnamese authorities seek to charge 54 individuals following a yearlong investigation into alleged bribes tied to repatriation flights during the pandemic that led to dismissals of high-level government officials.
Japan’s decision to join the US and Netherlands in restricting exports of chipmaking gear to China is giving the allies powerful new weapons to deploy in the escalating technology war.
A recent drop in global bond yields has created favorable conditions for the Bank of Japan to scrap its yield curve control program this month, according to a former BOJ executive director in charge of monetary policy.
CapitaLand Investment Ltd. appointed Citigroup Inc.’s top Asia real estate investment banker Kara Wang as chief investment officer for China starting next month, signaling the Singapore firm’s appetite for dealmaking.
Donald Trump pleaded not guilty to 34 felonies in an indictment that alleges he used hush money to bury damaging information about an affair and boost his electoral prospects in 2016.
Barclays Plc health-care banking vice chairman Darren Campili has left to lead Wells Fargo & Co.’s efforts in the sector, according to people familiar with the matter.
Federal Reserve Bank of Cleveland President Loretta Mester said policymakers should move their benchmark rate above 5% this year and hold it at restrictive levels for some time to quell inflation, with the exact level depending on how quickly price pressures ease.
India is muscling in on the increasingly lucrative business of space, taking advantage of the geopolitical isolation of China and Russia to pitch itself as a reliable alternative to SpaceX.
Xi Jinping is pulling out all the stops for French President Emmanuel Macron as China’s leader tries to create some distance between Europe and the US in their approaches toward Beijing.
