Huge Discrepancy In Jobs Data Could Be Making Biden’s Economy Look Way Stronger On Paper
Huge Discrepancy In Jobs Data Could Be Making Biden’s Economy Look Way Stronger On Paper Will Kessler on March 18, 2024 Data from the Federal Reserve Bank of Philadelphia estimates that the…
Credit Suisse aims for stronger franchise from global review
By Scott Murdoch HONG KONG (Reuters) – Credit Suisse’s top two executives have told staff the bank is working to establish a stronger franchise in the longer term, according to a memo…
S.Korea, Japan hold first bilateral talks since 2019, seek stronger ties
By David Brunnstrom and Hyonhee Shin UNITED NATIONS/SEOUL (Reuters) -South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida held their first one-on-one talks on Wednesday and agreed on the need…
Yellen Says US Economy Is Stronger Than Before The Pandemic
Yellen Says US Economy Is Stronger Than Before The Pandemic John Hugh DeMastri on September 8, 2022 Treasury Secretary Janet Yellen, speaking at a Ford electric vehicle center in Michigan Thursday, said…
Exclusive-Mexico budget sees stronger growth, lower inflation in 2023 -draft
By Ana Isabel Martinez, Anthony Esposito and Dave Graham MEXICO CITY (Reuters) – Mexican economic growth should accelerate in 2023 to around 3.0% from some 2.4% this year as inflation cools markedly…
Sinopec’s interim profit soars on stronger oil, gas prices
(Reuters) – China Petroleum and Chemical Corp, or Sinopec Corp, reported interim net income surged 10.4% to a record 43.53 billion yuan ($6.33 billion), thanks to strong oil and gas prices despite…
Continental expects stronger demand after ‘hurricane’ headwinds in Q2
BERLIN -Continental expects higher auto production in the second half of the year as supply chains and semiconductor availability improve, the company said on Tuesday, after reporting a heavy second-quarter loss. The…
Economists see stronger 2022 GDP for Brazil, inflation missing target for third straight year in 2023
BRASILIA – Economists polled by the Brazilian central bank expect the economy to perform better this year but see inflation staying above the official target until 2023, marking three consecutive years of…
North Korea says U.S. is setting up Asian NATO; vows stronger defence
By Hyonhee Shin SEOUL – North Korea has accused the United States of setting up a military alliance like NATO in Asia, saying the unwavering U.S. aim to oust North Korea’s government…
China’s May new bank loans surge 1.89 trln yuan, much stronger than forecasts
BEIJING – Chinese banks extended 1.89 trillion yuan ($282.62 billion) in new yuan loans in May, rebounding sharply from April and beating analysts’ expectations as policymakers try to reverse a sharp, COVID-induced…
Czech central banker flags potential stronger rate tightening -paper
PRAGUE -The Czech National Bank might be forced to raise interest rates by more than its current course suggests if a dovish majority is created on its board, board member Tomas Holub…
Twitter executive changes aimed at building ‘a stronger Twitter’, CEO says
(Reuters) – Twitter Chief Executive Parag Agrawal said on Friday that he had announced leadership changes and a hiring freeze in order to “build a stronger Twitter,” even as the company is…
S.Korea April FX reserves fall on stronger dollar, intervention
SEOUL – South Korea’s foreign exchange reserves measured in U.S. dollars shrank by the most in more than two years in April on the dollar’s strength and dollar-selling intervention by the authorities,…
China’s Xi vows stronger antimonopoly efforts, healthy capital market
BEIJING -Chinese President Xi Jinping said the nation should strengthen its antimonopoly efforts and prevent a disorderly expansion of capital, the official Xinhua news agency reported on Saturday. Xi called on Friday…
N.Korea’s Kim calls for stronger military as nuclear test work ‘well underway’
By Josh Smith SEOUL -North Korean leader Kim Jong Un called on the country’s military to “bolster up their strength in every way to annihilate the enemy”, state media reported on Friday,…
Japan’s foreign minister promises a stronger military in visit to US carrier
ABOARD USS LINCOLN – Japan’s foreign minister promised his country would bolster its military to help the United States maintain regional security during a visit on Saturday to a U.S. aircraft carrier…
Gold subdued as stronger dollar counters Ukraine risks
By Asha Sistla (Reuters) – Gold traded in a tight range on Friday as the dollar climbed higher on prospects of aggressive interest rate hikes by the U.S. Federal Reserve, partially offsetting…
Gold subdued as stronger dollar counters Ukraine risks
By Asha Sistla (Reuters) – Gold traded in a tight range on Friday as the dollar climbed higher on prospects of aggressive interest rate hikes by the U.S. Federal Reserve, partially offsetting…
Brazil’s Guedes says Eletrobras won’t be able to invest enough to keep up with stronger economic growth
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Thursday that state-run power company Eletrobras will not be able to invest enough to keep up with stronger economic growth expected for the…
Putin warns the West: Russia will emerge stronger
LONDON – Russian President Vladimir Putin said on Thursday that Russia would ultimately emerge stronger and more independent after overcoming the difficulties caused by what he called the West’s illegitimate sanctions. Putin…
Australia’s Q4 GDP looking even stronger as trade surprises
By Wayne Cole SYDNEY – Australia’s trade performance last quarter was much less of a drag on the economy than first thought implying upside risk for growth, even as imports outstripped exports…
EXCLUSIVE: Republicans Show Stronger Support For Reining In Big Tech, Poll Shows
Republicans are more likely than Democrats to back certain reforms targeting major tech companies like Amazon, Google and Apple, including a key bipartisan antitrust bill, according to a new poll. There is…
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