President Joe Biden tapped Kugler, a former World Bank executive director, to fill the vacant position on the Fed’s board of governors following former vice chair Lael Brainard’s departure …
World Economy
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The U.S. dollar traded at 160.05 yen at one point during the day, marking the Japanese currency’s weakest level since April 29, on buying amid expectations the interest rate differential …
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Revenue in the fiscal 2023 running from October 2022 to the end of September 2023 climbed 156 percent year-on-year to 5.7 billion Hong Kong dollars (about 730 million U.S. dollars), …
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It also announced it would book a charge of 900 million euros ($965 million) for its satellite business. “In commercial aircraft, Airbus is facing persistent specific supply chain issues mainly …
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The European Union warned this month that it would slap additional tariffs of up to 38 percent on Chinese electric car imports from July after an anti-subsidy probe, in a …
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The new 23-month loan program “will support Tanzania’s ambitious reform efforts to implement climate policy reforms that address risks and challenges associated with climate change and enhance the resilience of …
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The number of working one-person households totaled 4,675,000 in 2023, up 120,000 compared with the previous year, according to Statistics Korea. It accounted for 63.3 percent of the total single …
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In a breakdown by four competitiveness factors put forth by the report, Hong Kong’s rankings in “Business efficiency” and “Infrastructure” both rose notably to the top 10 globally. The city …
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According to a report by the newspaper Wen Weipo, the Assistant Secretary of the HZMB Authority,Li Qiang, also revealed that from January to May this year, the cumulative number of …
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China is one of Germany’s top trading partners, accounting for a significant portion of their sales in recent years. But 61 percent of 186 German companies surveyed by the German …