Tag: World news

China to boost financing for approved housing projects to $560 billion to counter property slump

HONG KONG -- China will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562...

European Central Bank poised to cut rates again as inflation drops below target

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut borrowing costs...

Stock market today: Asian shares are mostly higher after strong earnings boost stocks on Wall St

BANGKOK -- Shares mostly advanced in Asia on Thursday after U.S. stocks rose following better-than-expected profit reports from Morgan Stanley, United Airlines and...

An Argentine province has a creative solution to President Milei's austerity: Printing its own money

LA RIOJA, Argentina -- They look like cash, fit into wallets like cash and the governor promises they’ll be treated like cash.But these...

Aging farmers face extreme temperatures as they struggle to maintain Japan's rice crop

KAMIMOMI, Japan -- In the remote village of Kamimomi in Japan’s western Okayama prefecture, a small group of rice farmers began their most...

Airbus to lay off 2,500 as it tries to turn around its space and defense division

European aircraft maker and Boeing rival Airbus said Wednesday that it was laying off 2,500 workers as it tries to turnaround its struggling...