Bank of Japan set to reduce JGB purchases, stands pat on interest rate
The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it’s considering the reduction of its…
Modi’s party loses majority in shock India election result
Indian Prime Minister Narendra Modi will have to seek power-sharing agreements for a historic third term in power, with his…
Modi’s BJP-led alliance projected to win decisive majority in India’s election, exit polls show
India’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as local exit polls on…
JPMorgan CEO Jamie Dimon says can’t rule out ‘hard landing’ for the U.S., stagflation will be ‘worst outcome’
JPMorgan Chase‘s chairman and CEO, Jamie Dimon, says a “hard landing” for the U.S. cannot be ruled out. When asked…
China consumption slows as retail sales and investment data disappoint
BEIJING — China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.…
HSBC beats expectations in first-quarter earnings; CEO Noel Quinn to retire
HSBC beat market expectations in its first-quarter earnings report Tuesday, and announced the surprise departure of Group Chief Executive Officer…
Yellen says U.S. plans to ‘underscore’ need for China to shift policy
BEIJING — U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing’s need…
Xiaomi shares pop 16% after the Chinese smartphone maker launches its first EV
BEIJING — Shares of Chinese smartphone maker Xiaomi surged as much as 16% on Tuesday, the first trading day since…
China kicks off the year on strong note as retail, industrial data tops expectations
BEIJING — China’s economic data for the first two months of the year beat analysts’ expectations across the board on…
China’s annual parliamentary meeting has ended. Here are the key takeaways
BEIJING — China’s weeklong annual parliamentary meetings ended on Monday and for the first time in decades, the Chinese premier…
