Browsing: Economy

By Clare Jim HONG KONG (Reuters) – Asset managers are increasingly looking to dispose of their commercial buildings in Hong Kong as rising interest rates take…

Elon Musk foiled a Ukrainian submarine drone attack on a Russian naval fleet last year by turning off the SpaceX Starlink satellite internet network near the…

(Reuters) -Goldman Sachs on Tuesday lowered its probability that a U.S recession would start in the next 12 months to 15% from an earlier 20% forecast.…

A Federal Trade Commission administrative law judge ruled that Intuit, the maker of the widely used TurboTax filing software, engaged in deceptive advertising when it told…

By Stella Qiu SYDNEY (Reuters) -Australia’s central bank on Tuesday kept interest rates steady for a third month at the last meeting chaired by Governor Philip…

The numbers: Total consumer credit rose $10.4 billion in July, down from a revised $14 billion gain in the prior month, the Federal Reserve said Friday.…

By Trevor Hunnicutt and Jeff Mason PHILADELPHIA (Reuters) -U.S. President Joe Biden on Monday took shots at his likely 2024 rival, Donald Trump, in a Labor…

(Reuters) – European Central Bank Chief Economist Philip Lane expressed cautious optimism that inflation was slowing in an interview with an Irish business publication, but said…

The Biden administration on Wednesday announced the cancellation of controversial oil and natural-gas leases in an Alaska federal wildlife refuge that were bought by a state…

By Orathai Sriring and Satawasin Staporncharnchai BANGKOK (Reuters) -Thailand’s 2023 economic growth and inflation are expected to be lower than previously forecast due to softer-than-expected exports…