By Cynthia Kim and Jihoon Lee SEOUL () -South Korea’s central bank unexpectedly left its policy interest rate unchanged on Thursday and signalled it needs to wait for the domestic political turmoil we...
By Satoshi Sugiyama TOKYO () – The Bank of Japan will raise interest rates again at one of the two meetings this quarter to 0.50%, an overwhelming majority of economists surveyed by said, with most le...
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By David Shepardson () -Toyota Motor unit Hino Motors has agreed a $1.6 billion settlement with U.S. agencies and will plead guilty over excess diesel engine emissions in more than 105,000 U.S. vehicl...
By Cynthia Kim and Jihoon Lee SEOUL () – South Korea’s central bank unexpectedly left its policy interest rate unchanged on Thursday, weighing the impact of its back-to-back cuts last year while suppo...
CARACAS () – Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national assembly and other officials ...
TOKYO () – Two-thirds of Japanese companies are experiencing a serious business impact from a shortage of workers, a survey showed on Thursday, as the country’s population continues to shrink and age ...
By Jonathan Stempel NEW YORK () -Drake sued his longtime label on Wednesday, accusing Universal Music Group (AS:) of defamation for promoting Kendrick Lamar’s “Not Like Us,” saying the song’s false ac...
By Suzanne McGee and Saqib Iqbal Ahmed () – A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn...
By Ann Saphir () -The U.S. economy ended 2024 with a slight to moderate increase in activity and a tick upward in employment, the Federal Reserve said on Wednesday, but businesses flagged a range of c...
By Andrea Shalal WASHINGTON () – U.S. Treasury Secretary Janet Yellen on Wednesday mounted a robust defense of the Biden administration’s response to the COVID-19 pandemic, arguing that its stimulus s...
Macquarie has reaffirmed its expectation that the Federal Open Market Committee (FOMC) will implement a single 25 basis points rate cut following the latest U.S. consumer price index (CPI) data. The h...
