Sunday, May 11, 2025
Economy
US Fed to meet amid dwindling hopes of summer rate cuts
Washington (AFP) - The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers...
Gaza set to dominate Saudi-hosted global economy summit
Riyadh (AFP) - The war in Gaza and broader Middle East tensions are expected to get top billing at a...
Rating agencies doubt France’s target to cut massive debt
Paris (AFP) - Two major ratings agencies left their assessment of France's huge debt pile unchanged Friday, but cast doubt...
Daimler Truck braces for possible strike in 3 southern US states
New York (AFP) - Around 7,200 workers with Daimler Truck in three southern US states were poised Friday for a...
Man City’s Premier League charges to be resolved in ‘near future’
London (AFP) - Premier League chief executive Richard Masters on Friday revealed the case against Manchester City for alleged financial...
US oil giants’ profits dip as Exxon deal nears finish line
New York (AFP) - ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural...
US Fed’s favored inflation measure accelerates, dimming rate cut hopes
Washington (AFP) - The US central bank's favored measure of inflation accelerated last month, according to government data published Friday,...
Yen falls further as Bank of Japan stands pat on rates
Tokyo (AFP) - The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another...
End of the road? Philippine jeepneys face uncertain future
Manila (AFP) - The first jeepneys rolled onto the streets of the Philippines just after World War II -- noisy,...
Weak yen pressures Bank of Japan rate decision
Tokyo (AFP) - The Bank of Japan was widely expected to keep its ultra-low interest rates unchanged Friday but analysts...
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