Economic events Archives

7 Minutes

Technology

Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue

Sources May 5, 2023

Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images The technology industry is known for innovation and spawning the next big thing....

4 Minutes

Technology

Apple posts record quarter in India; analyst says Cook eyes market to be bigger than China

Sources May 5, 2023

Apple brought in record revenue in India in the first quarter of the year, CEO Tim Cook said, as he touted the potential of what could become a key market for the tech giant...

1 Minute

World

Asia markets trade lower after Wall Street logs worst week for the year

Sources February 27, 2023

Japan ,Tokyo City skyline, Tokyo Tower. (Photo by: Dukas/Universal Images Group via Getty Images) Prisma By Dukas | Universal Images Group | Getty Images Asia Pacific markets are set to start the week lower...

2 Minutes

World

IMF flags debt restructuring hurdles, says banning crypto should be an option

Sources February 25, 2023

‘Think of the unthinkable’: IMF chief warns world is a very different place after crises like Covid. Bloomberg / Contributor / Getty Images Group of 20 (G20) nations have some disagreements over restructuring debt...

6 Minutes

World

Ukrainian refugees could help Germany’s labor market, but not for long: They’re ‘ready to go home’

Sources February 24, 2023

Germany’s labor market is under pressure, but the recent influx of Ukrainian refugees is “no silver bullet” for the workforce issues. JOHN MACDOUGALL / Contributor / Getty Images Germany’s labor market is under severe...

1 Minute

World

Asia markets trade mixed, Bank of Japan nominee Ueda speaks; Japan’s inflation reaches 41-year high

Sources February 24, 2023

Pedestrians walk in front of the Bank of Japan head office building in Tokyo on April 27, 2022. The Bank of Japan maintained ultra-low interest rates on Friday and its guidance to keep borrowing...

7 Minutes

World

‘Business is very good, unfortunately’: Arms fair spotlights bonanza year ahead for weapons companies

Sources February 24, 2023

The 16th edition of International Defence Exhibition and Conference and the seventh edition of the Naval Defence and Maritime Security Exhibition in Abu Dhabi, United Arab Emirates, on Feb. 21, 2023. Mohammed Zarandah |...

3 Minutes

World

India urges focus on ‘most vulnerable’ at G-20 meeting, avoids mention of war

Sources February 24, 2023

Delegates arrive at the venue in Bengaluru where a meeting under India’s G20 Presidency has begun on Feb. 22, 2023. Manjunath Kiran | AFP | Getty Images Indian Prime Minister Narendra Modi urged global...

3 Minutes

World

OECD says global economic outlook ‘slightly better’ for 2023 but inflation risks linger

Sources February 24, 2023

People shop near prices displayed in a supermarket on February 13, 2023 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images OECD Secretary-General Mathias Cormann said the global economic outlook...

3 Minutes

World

Hong Kong unveils budget, promising ‘abundant opportunities’ as city recovers

Sources February 22, 2023

Pedestrians pas stores in Hong Kong, China, on Saturday, Oct. 15, 2022. Hong Kong wants to become an international center for virtual assets as the city seeks to bolster its status as a global...