Economy - Page 40

SHANGHAI/SINGAPORE (Reuters) -China’s attempts to keep the yuan from falling contributed to last week’s chaos in money markets, sources involved say, pointing to the

Investing.com– The Reserve Bank of Australia hiked interest rates as expected on Tuesday, citing a slower-than-expected decline in inflation while also hiking its outlook

The Biden administration is walking a fine line by encouraging U.S. businesses to derisk — diversify supply chains from China — while trying to not antagonize

The People’s Bank of China’s (PBOC) Zhang Qingsong emphasized the resilience of China’s economy and the country’s government debt levels, which are within international

“ Surging U.S. budget deficits have already contributed to rising inflation and a tripling of interest rates.” At the third Republican presidential debate on

By Wayne Cole SYDNEY (Reuters) -Australia’s central bank raised interest rates to a 12-year high on Tuesday, ending four months of steady policy, but

By Takaya Yamaguchi TOKYO (Reuters) – The head of the tax panel for the Japanese political party Komeito, a junior coalition partner with the

By Joe Cash and Ryan Woo BEIJING (Reuters) -China’s economy is set to grow 5.4% this year, having made a “strong” post-COVID recovery, the

(Reuters) -Elon Musk’s artificial intelligence startup xAI will be integrated into his social media platform X and also be available as a standalone app,

The International Monetary Fund on Tuesday upgraded its view of China’s economy, citing a better-than-forecast performance as well as moves to bolster its ailing