Here’s why travel to Europe is no longer a ‘screaming, bargain-basement’ deal
Travel to many European nations looked like a bargain heading into summer and fall last year thanks to a favorable…
IMF says U.S-China tensions could cost the world about 2% of its output
The International Monetary Fund said in a Wednesday report that global tensions could disrupt overseas investment and eventually lead to…
China’s homebuyers are starting to come back
BEIJING — More people in China want to buy houses again, according to a first quarter survey released Monday by…
Investors believe the stock market is set for losses, and cash is best safe haven, CNBC survey shows
Wall Street investors believe the stock market is headed for losses after a positive first quarter, seeing cash as the best…
China’s banking troubles are not the same as Silicon Valley Bank, economist says
BO’AO, China — China’s small banks have problems — but they don’t carry the same risks as those exposed by…
‘It’s not a pretty picture’: Russia’s support is growing in the developing world
Russia’s sphere of influence is growing as propaganda and diplomatic efforts gather momentum and Western powers fail to counter the…
China’s Premier Li Qiang seeks to rally Asia behind Beijing
BO’AO, China — Chinese Premier Li Qiang sought to rally Asian countries behind China in his first public address to…
As McCarthy laments ‘no progress,’ here’s where U.S. debt ceiling talks stand
House Speaker Kevin McCarthy said Tuesday that there has been “no progress” in debt ceiling negotiations between House Republicans and…
This is not another banking crisis, analysts say — it’s ‘sentiment contagion’ instead
The collapse of U.S.-based Silicon Valley Bank, the biggest bank failure since the global financial crisis, and the emergency rescue…
Deutsche Bank shares slide after sudden spike in the cost of insuring against its default
Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability…
