Economy

SKorean leader denounces Japanese comments over sanctions

Jul 10, 2019

South Korean president has criticized comments by Japanese officials who questioned the credibility of Seoul's sanctions against North Korea while justifying Tokyo's stricter controls on high-tech exports to South Korea

Activist Hong Kong singer faces down China at UN rights body

Jul 9, 2019

Hong Kong pop singer Denise Ho has taken a message of defiance against China to the U.N.'s top human rights body, pitting her star power against its economic power _ and prompting a Chinese diplomat to interrupt her

Europe's unemployment lowest in more than a decade

Jul 1, 2019

The unemployment rate in the 19 European Union countries that use the euro fell to its lowest level in more than a decade in May as domestic demand and low interest rates help keep the recovery going

Forum: Don't expect cheap money to do it all

Jun 30, 2019

An international forum for central bankers is warning that the global economic recovery will need more than just support from the likes of the U.S. Federal Reserve to get past its current shaky stretch.

German business confidence dips further to near 5-year low

Jun 24, 2019

A closely watched survey is showing a further dip in German business confidence, which hit a nearly five-year low as managers' outlook for the next six months darkens

European Central Bank hints at stimulus _ drawing Trump ire

Jun 18, 2019

The European Central Bank's president says that the bank is ready to cut interest rates and could re-start its bond purchase stimulus if the economy needs it.

Euro gains in global use, but dollar still dominates

Jun 13, 2019

The European Central Bank says the euro has gained ground on the dollar as a global currency used for government reserves, rebounding from historic lows as U.S. sanctions deter some countries' use of the U.S. currency

French prime minister vows to continue reforming economy

Jun 12, 2019

France's prime minister says the government of President Emmanuel Macron plans to keep reforming the economy and will look at unemployment benefits, the pension system and tax cuts for middle-class workers

Australian PM: WTO needs mending to keep up with the times

Jun 7, 2019

Australian Prime Minister Scott Morrison says the World Trade Organization needs mending to keep up with the times

After Fed turn, Europe faces stimulus question

Jun 6, 2019

The European Central Bank is wrestling with what to do about growth worries and sluggish inflation, just two days after the U.S. Federal Reserve opened the door to more stimulus

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