Global

CHICAGO– U.S. Customs and Border Protection (CBP) is pleased to announce technological enhancements to the Global Entry kiosks at Chicago O’Hare International Airport (ORD) tomorrow, August 9. The upgraded facial …

China’s Taiwan War Games Become Latest Threat To Backlogged Global Supply Chain China’s Taiwan War Games Become Latest Threat To Backlogged Global Supply Chain Max Keating on August 5, 2022 …

(Reuters) – Global bond funds obtained their biggest weekly inflow in nine months and purchases in money market funds also surged in the week to Aug. 3, as investors favoured …

By Xie Yu HONG KONG – Tiger Global, one of the world’s largest hedge funds, saw its flagship fund fall by 50% in the first half of the year after …

(Reuters) – Stress on global supply chains improved in July to their lowest level since January 2021 as port congestion and other snags eased, the New York Federal Reserve reported …

By Ashitha Shivaprasad and Peter Hobson (Reuters) – Analysts and traders have sharply lowered their price forecasts for platinum and palladium as a global economic slowdown reduces demand, a Reuters …

By Karin Strohecker and Vincent Flasseur LONDON – Major developed and emerging market central banks around the globe delivered nearly 1,200 basis points in interest rate hikes in July alone, …

By Joyce Lee SEOUL – Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global …

Russia Bombs Ukrainian Ports, Jeopardizing Deal That Could Alleviate Global Food Crisis Micaela Burrow on August 1, 2022 Russia continued to bomb Ukrainian ports before the first ship carrying Ukrainian …

By Patturaja Murugaboopathy (Reuters) – Global thematic funds are facing heavy outflows this year as investors’ fascination fade with such assets, most of which are closely correlated with economic growth. …

By David Lawder WASHINGTON – A corporate minimum tax proposed this week in a congressional spending bill would not bring the United States into compliance with a separately negotiated 137-country …

HONG KONG – China’s commerce ministry said on Friday that a major new chips act passed by the U.S. Congress will distort the global semiconductor supply chain and disrupt international …

(Reuters) – Global equity funds witnessed weekly outflows for a fifth straight week in the week to July 27 on caution ahead of the U.S. Federal Reserve’s policy meeting and …

Damian Williams, the United States Attorney for the Southern District of New York, announced today that FRANK OKUNAK, the former chief financial officer of one of the world’s leading global …

BANGKOK – Thailand’s customs-based exports rose by a more than expected 11.9% in June from a year earlier, helped by increased global demand as well as a weak baht, the …

By Mohi Narayan, Laura Sanicola and Shadia Nasralla (Reuters) – A sudden crash in global gasoline prices in the past two weeks has dented refiners’ profits, pushing up inventories in …

By Daniel Leussink TOKYO – Japan’s government slashed its economic growth forecast for this fiscal year largely due to slowing overseas demand, highlighting the impact of Russia’s war in Ukraine, …

(Reuters) – Russia’s foreign ministry on Thursday said the latest round of European Union sanctions were illegitimate and would have “devastating consequences” for security and parts of the global economy. …

By John Revill and Supantha Mukherjee ZURICH/STOCKHOLM – Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing, executives said Thursday, in …

(Reuters) – China’s cybersecurity regulator fined Didi Global Inc 8.026 billion yuan ($1.2 billion) after a year-long probe found the ride hailing giant had violated laws including ones pertaining to …

By Rae Wee SINGAPORE – Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch up in order to tackle …

SAN ANTONIO – Two executives of iCore Global LLC (iCore) have pleaded guilty to their involvement in a fraud scheme. According to court documents, Samantha L. Mueting, 57, of San …

By Kantaro Komiya TOKYO – Japan’s economy is likely to grow at a slower pace than previously thought throughout the rest of the fiscal year, a Reuters poll showed, as …

NUSA DUA, Indonesia – IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that the “exceptionally …

WASHINGTON – U.S. President Joe Biden said on Friday he would use every power he has as president to fulfill his pledge to fight global warming. The remarks, delivered during …