‘Very stupid’: Italy’s bank tax remains controversial as government scrambles to update it
Italy’s shock tax on banks continues to prove controversial, even as the government insists it can improve it. Europe’s main…
China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’
BEIJING — China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in…
Why it’s hard to find an inexpensive new car these days — just one model has an average price below $20,000
It’s getting harder to find new, cheap cars, according to auto experts. Consider this: In July, just one car model…
European stocks close higher as investors look ahead to fresh economic data
European shares traded higher on the final trading week of August, as traders weighed the prospect of higher interest rates…
August once again lives up to its dismal reputation for stocks
Wall Street is really suffering through the dog days of August. The S&P 500 is down more than 3% this…
After plunging into the political mainstream, Italy’s far-right leader Giorgia Meloni is now shocking markets and upsetting big business
After plunging into the political mainstream and winning over her more moderate counterparts in Brussels, hard-line Italian Prime Minister Giorgia Meloni…
China’s financial regulators urge support for resolving local debt risks
BEIJING — Chinese financial regulators at a central and regional government level held a video conference Friday to discuss the…
China’s property troubles aren’t getting better, intensifying calls for bolder policy help
China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that…
What China’s big earnings say about the consumer
BEIJING — Corporate earnings releases are picking up on a few bright spots for China’s consumer in a competitive market…
China’s downside risks are growing, and its economy is less likely to reach 5% this year
BEIJING — Without more stimulus, China is increasingly likely to miss its growth target of around 5% this year, economists…
