According to media sources, Japanese monetary officials decided at the last minute to move an emergency meeting on the weak yen slated for Thursday to Wednesday in order to maximise the impact of halting rapid currency depreciation.   The conference, which includes executives from the...

The U.S. economy expanded faster than expected in the fourth quarter, owing to strong consumer spending and business investment in nonresidential infrastructure such as factories and healthcare facilities.   Profits rose at a respectable rate last quarter, according to a Commerce Department...

Turkey's dramatic breakthrough as a durum wheat exporter has spared pasta enthusiasts another year of financial misery, and the country is expected to remain a vital source of the component treasured in Mediterranean cuisine.   Turkey, on course to become the world's second-largest durum...

In the fourth quarter, the US economy expanded faster than expected, driven by strong consumer spending and business investment in nonresidential infrastructure such as factories.   Gross domestic product expanded at a 3.4% annualised rate last quarter, up from the previously reported 3.2%...

On Wednesday, the yen fell to a 34-year low of 151.97 against the US dollar, raising concerns in the market about possible government action to support the Japanese currency.   After recovering some of its losses, the yen was last trading at 151.22 against the dollar at 10:19 a.m. London...

The State Statistics Office (SSO) released a study stating that the total profit of China's major industrial businesses increased 10.2% year over year to 914.06 billion yuan ($126.46 billion) in January-February 2024. According to the SSO, a major industrial enterprise is defined as one with an...

Executives at the CERAWeek energy conference stated that private equity firms are taking on more responsibilities to control runaway costs from supply chain concerns and maintain valuations, and they are doing it by increasing their direct oversight of energy transition companies in their...

Energy executives claim that despite the incredibly low petrol costs currently in place, they are placing their money on a wave of new LNG plants that will increase demand for the fuel and drive up prices.   This year, the price of natural gas has dropped by one-third due to a milder winter,...

Chinese Premier Li Qiang addressed a gathering of international CEOs and Chinese policymakers, and stated that that China will closely examine issues related to market access and cross-border data flows and will shortly release new rules in these areas.   "We cordially welcome companies...