Economy

WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Sunday that U.S. economic growth is slowing and she acknowledged the risk of a recession, but she said a downturn was.

By Josh Ye, Eduardo Baptista and Yingzhi Yang HONG KONG/BEIJING (Reuters) – China’s $1.2 billion fine on Didi Global draws a line under the ride hailing company’s regulatory woes, but.

JAKARTA (Reuters) – Indonesia has launched a crackdown on peer-to-peer (P2P) lenders through a new regulation and capital requirements, in a move that industry sources say should help clean up.

MADRID (Reuters) – Spain’s Economy Minister Nadia Calvino said that the European Central Bank’s tools to try to keep government bond spreads down are adequate. “The tools the ECB is.

LONDON (Reuters) -British retail sales edged down in June as drivers cut back on record-priced fuel, with consumers reducing shopping less than expected, data showed, though the trend remained weak.

RBI Governor Shaktikanta Das Speech: Speaking at the BOB Annual Banking Conclave 2022, Das said that the rupee is holding up well as compared to its advanced and emerging market.

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics has begun applications for tax breaks for 11 potential chip plants in Texas adding up to investments of about $192.

(Bloomberg) — US Treasury yields tumbled after weaker-than-expected economic data reversed early selling pressure in the wake of a half-point rate hike by the European Central Bank. The five-year yield.

By Leika Kihara TOKYO (Reuters) – Worries over a global slowdown are casting a shadow over Asia’s recovery prospects with factory activity growth slowing in Japan and Australia, keeping pressure.

By Anant Chandak BENGALURU (Reuters) – South Korea’s economic growth probably slowed a bit in the second quarter as falling exports and soaring import costs hurt private consumption that makes.