Tag: Economic indicators

Trading in Asian markets is mixed and muted ahead of a key Fed Chair speech

TOKYO -- Asian shares were mixed in muted trading Friday ahead of a speech by Federal Reserve Chair Jerome Powell that might deliver...

Argentine Senate passes pension spending increase in a blow to President Milei's radical austerity

BUENOS AIRES, Argentina -- Argentina's Senate defied President Javier Milei on Thursday to push through an increase to pension spending that would cost...

Mexico City assembly OKs strongest rent control since the 1940s, limiting rises to inflation rate

MEXICO CITY -- The legislature of Mexico City approved the most ambitious rent control law since the 1940s Thursday, limiting rent increases to...

Asian shares trade higher after Wall Street rise and Japan GDP data show growth

TOKYO -- Asian shares were mostly higher Thursday after the latest update on U.S. inflation came in almost exactly as economists expected, and...

Japan's economy grew last quarter on healthy consumer spending and business investment

TOKYO -- Japan’s economy grew at an annual rate of 3.1% in the April-June period, rebounding from the contraction in the previous quarter,...

As President Milei's austerity hits hard, jobless Argentines appeal to the patron saint of work

BUENOS AIRES, Argentina -- Struggling to feed her family after losing her job as a cleaner earlier this year, 56-year-old Norma Villarreal went...