Japan’s businesses cut spending for the first time in five quarters in a sign of concerns over the global growth outlook, an outcome that may prompt a downward revision to second-quarter economic growth data.
China’s major banks made a coordinated cut in deposit rates for the third time in a year, as lenders move to protect business profitability amid government policies aimed to boost consumption and demand.
Japanese investors sued Mitsubishi UFJ Financial Group Inc.’s joint venture brokerage with Morgan Stanley, showing that the fallout from losses on Credit Suisse’s riskiest debt continue to reverberate around the world.
Philippines currency and fixed income markets were suspended on Friday after government offices including the central bank were shut due to monsoon rains from three cyclones.
California regulators approved a proposal to inject more natural gas at Sempra Energy’s Aliso Canyon Natural Gas Storage Facility, site of the worst methane leak in US history.
On April 13, Donald Trump sat down with New York Attorney General Letitia James and answered questions under oath for seven hours as part of the state’s civil fraud lawsuit accusing him of inflating the value of his assets by $812 million to $2.2 billion a year.
Republican presidential candidates plan to gather at the University of Alabama in Tuscaloosa for their third debate, according to people familiar with the event’s planning.
Almost two million people in Britain are using buy-now-pay-later credit to cover groceries, bills and other necessities, according to the Money and Pensions Service.
Taiwanese banks are fast disappearing from loan deals with Chinese companies, the latest indication of a collective effort to cut exposure to the world’s second-biggest economy as a housing crisis rages on and geopolitical tensions linger.
President Luiz Inacio Lula da Silva unveiled his 2024 budget proposal, promising to eliminate Brazil’s growing fiscal deficit through a number of new taxes that still require approval from lawmakers.
