Tag: economy

'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

BRUSSELS -- European Union leaders on Thursday debated a new “European Competitiveness Deal” aimed at helping the 27-nation bloc close the gap with...

China's economy grew 5.3% in first quarter, beating expectations

A worker assembles an SUV at a car plant of Li Auto, a major Chinese EV maker, in Changzhou in eastern China's Jiangsu...

US consumer sentiment falls slightly as outlook for inflation worsens

WASHINGTON -- Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans' outlook largely unchanged this...

China's exports tumble 7.5% in March and imports also fall as demand slows

HONG KONG -- China’s exports contracted in March after growing in the first two months of the year, underscoring the uneven nature of...

Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech

HONG KONG -- Asia stocks were mostly lower on Friday after gains for Big Tech shares helped U.S. stock indexes claw back much...

JPMorgan's Dimon warns inflation, political polarization, wars creating risks not seen since WWII

NEW YORK -- The nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors Monday that he continues to expect the U.S....