Chinese stocks may open higher after authorities sought to woo back investors with a slew of measures including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings.
Argentina’s Economy Ministry announced measures to improve government workers’ salaries and funnel money toward retirees and poorer families, defying an International Monetary Fund appeal earlier this month for the country to spend less.
After years of pent-up demand for leisure and business travel due to the ravages of Covid-19, millions of Chinese are taking to the skies again as the nation leads an aviation boom across Asia.
Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had resigned after less than six months in the role.
Traders are girding for a cautious start to the week after US and European policymakers signaled interest rates will likely stay higher for longer during their annual confab at Jackson Hole.
Britain’s often envied “bank of mum and dad,” used by first-time homebuyers to scrape together a mortgage deposit, is drying up.
Hyundai Motor Co. is facing a pressure campaign from a coalition of labor groups and civil rights groups in Alabama and Georgia, the home of its new $5.5 billion electric vehicle assembly and battery complex.
China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world.
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained — and wrestled with deeper economic shifts that will make their jobs harder.
A Liberian-flagged bulk carrier that was the second ship to sail from Odesa since Russia quit the Black Sea safe-transit deal has reached Romanian waters, said President Volodymyr Zelenskiy.
