Article content TOKYO — German Chancellor Olaf Scholz touched down in Japan on Saturday with six of his ministers, looking to strengthen economic ties with Tokyo as he considers reducing German dependence on Chinese raw materials amid global supply chain tensions. Scholz and Japanese Prime Minister Fumio Kishida kicked off their first “government consultation” involving […]
Breadcrumb Trail Links PMN Business Article content The U.S. Federal Reserve meets after global banking turmoil has left deep scars on financial markets – with the risk of more to come. Lender Credit Suisse will likely dominate a Swiss National Bank meeting and the Bank of England might place its inflation fight on hold. Financial […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Eduardo Baptista Published Mar 17, 2023 • 2 minute read Join the conversation Article content BEIJING — Chinese President Xi Jinping will travel to Russia next week to hold talks with President Vladimir Putin, the two countries said on Friday, as Beijing touts a plan […]
Article content SHANGHAI — China is set to keep benchmark lending rates unchanged for a seventh month in March, a Reuters survey showed, as early signs of a domestic economic recovery, combined with global market turmoil, leave Beijing disinclined to shift its monetary policy stance. All 22 participants in a Reuters poll this week predicted […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Helena Alves And Barry Hatton Published Mar 16, 2023 • 4 minute read Join the conversation Article content LISBON, Portugal (AP) — Like a growing number of people in Portugal, Georgina Simoes no longer earns enough money to afford a place to live. […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Gayatri Suroyo and Fransiska Nangoy Published Mar 16, 2023 • 2 minute read Join the conversation Article content JAKARTA — Indonesia’s central bank has and will continue to intervene in the currency market amid volatility linked to the closure of some U.S. banks, its governor […]
Breadcrumb Trail Links PMN Business A Pakistan court has suspended any further police action against former Prime Minister Imran Khan until Friday, after two days of violent clashes outside his home prevented security officials from arresting him. Author of the article: Bloomberg News Kamran Haider Published Mar 16, 2023 • 3 minute read Join the […]
Article content Hong Kong — China and Hong Kong stocks widened their losses on Thursday, weighed by new energy and oil stocks, as Swiss regulators’ unprecedented move to pledge a liquidity lifeline to top lender Credit Suisse stoked fears of a banking crisis. ** China’s blue chip CSI300 Index was down 1.2%, lowest since Jan. […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Alex Veiga Published Mar 15, 2023 • 5 minute read Join the conversation Article content LOS ANGELES (AP) — Homeownership is likely to remain a pipe dream for many Americans this spring homebuying season. The nation’s worst housing slump in nearly a decade […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Alex Veiga Published Mar 15, 2023 • 5 minute read Join the conversation Article content LOS ANGELES (AP) — Homeownership is likely to remain a pipe dream for many Americans this spring homebuying season. The nation’s worst housing slump in nearly a decade […]