Tag: economy
Russian central bank hikes rates to fight inflation fueled by military spending in growing economy
MOSCOW -- Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government...
US companies see record-low profits in China amid geopolitical tensions, report says
HONG KONG -- American companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a...
Stock market today: Asian shares are trading mixed as investors gauge inflation data
TOKYO -- Asian shares were trading mixed Tuesday after a rally on Wall Street that regained some of the losses from the market’s...
China's August exports grow a robust 8.7%, beating forecasts while imports soften
HONG KONG -- China’s exports grew for a fifth consecutive month, in a sign of growing demand abroad even as imports fell amid...
Mario Draghi has solutions for Europe's sluggish economy. Will EU governments listen?
BRUSSELS -- A long-awaited report on how to rescue Europe's economy from weak growth and red tape is in. The question is, how...
Japan's economy is growing, but political uncertainty is among the risks
Japan’s economy grew at an annual rate of 2.9%, slower than the earlier report for 3.1% growth, in the April-June period, boosted by...