Bank of Korea Stands Pat; Cuts Growth Forecast
[ad_1] South Korea’s central bank stood pat on interest rates for a third straight policy decision and lowered its economic…
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Glynn’s Take: RBNZ’s Response to Government’s Budget Could Be Swift and Harsh
[ad_1] SYDNEY—Having advertised its annual budget delivered Thursday as a “no frills” affair, the New Zealand government instead unveiled a…
Job Prospects for Black Workers Have Never Been Better—In Ways That Might Last
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China’s Economic Activity Picked Up in April, But Missed Expectations
[ad_1] Growth in China’s consumption and industrial production accelerated in April, thanks to a low comparison base a year earlier…
Philippines First-Quarter GDP Rose 6.4%
[ad_1] The Philippine economy expanded in the first quarter, albeit at a slower pace, thanks to broad-based growth in services,…
Hong Kong Returned to Growth in First Quarter Amid Reopening
[ad_1] Hong Kong’s economy in the first quarter grew 2.7%, as a reopening of borders and China’s economic rebound helped…
German Ifo Points to Subdued Growth
[ad_1] The German Ifo business confidence index—Germany’s main leading indicator—rose slightly in April but is still consistent with a recession,…
Retail Sales Slip in U.K. Points to GDP Decline in March
[ad_1] A 0.9% fall in U.K. retail sales on month in March points to a slight decline in the country’s…
Stocks Fall As Recession Fears Grow
[ad_1] The Dow industrials and S&P 500 are poised for modest weekly declines. [ad_2] Source link
China’s PBOC Keeps One-Year Loan Prime Rate Steady
[ad_1] China’s benchmark lending rates were kept unchanged, as signaled by unchanged policy rates earlier this week, suggesting that Beijing…