Mar 20, 2024 | Markets
China’s youth unemployment rate ticked up in February as the jobs market for recent graduates remains under pressure in the world’s second-largest economy. The jobless rate hit 15.3% last month for people aged between 16 and 24 years old, a National Bureau of...
Mar 19, 2024 | Markets
Canada’s inflation rate decelerated to 2.8% in February, a positive development for central bank policymakers who’ve been waiting for more proof that their campaign of higher interest rates is working. It’s the first time the country has had two straight months of...
Mar 19, 2024 | Markets
Key digital industries unit sees slower-than-expected business Shares drop most in seven months after CFO flags muted demand Siemens AG fell the most in seven months after flagging disappointing demand in China for its key digital industries division. New business for...
Mar 19, 2024 | Markets
Will take time for banks to work through CRE loans: Moynihan ‘We’re careful in how we underwrite as an industry,’ CEO says Bank of America Corp.’s Chief Executive Officer Brian Moynihan said it’ll take time for the banking industry to work through issues with...
Mar 19, 2024 | Markets
China’s State Council released an action plan to further open up the Chinese market to foreign firms after overseas investment fell to record lows last year. The State Council called on local authorities and government departments to come up with timetables and...
