FINANCE
Unlike most major economies, Japan has spent much of the 21st century adhering to a doctrine of extremely low interest rates — so low that since 2016, they were actually negative. That changed on Tuesday, March 19, when the Bank of Japan (BoJ) announced the country’s first interest rate hike
Japan’s Inflation Levels Hit 8-year High, Staying Above BOJ’s Target
TOKYO — Japan's core consumer inflation quickened to 2.8 percent in August, hitting its fastest annual...
A Cranberry Shortage is Brewing With Thanksgiving Around the Corner
A Thanksgiving staple may be in jeopardy this November as American cranberry producers struggle with...
Imports to America’s Largest Maritime Hub Dropped a Staggering 17% Annually in August
Imports to the largest maritime shipping hub in America fell 16.8 percent year over year and almost the...
Kuehne Raises Lufthansa Stake to 17.5% as Germany Sells Remaining Shares
BERLIN/ZURICH — Logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Lufthansa to 17.5%...
UBS To Boost Dividend, Sees Buybacks Above 2022 Target
ZURICH — UBS Group plans to increase its dividend by 10 percent and expects 2022 share repurchases to...
IMF’s Georgieva Says Central Bankers Must Be ‘Stubborn’ in Fighting Inflation
WASHINGTON — Central bankers must be persistent in fighting broad-based inflation, International Monetary...
Bank of England to Raise Rates to Counteract Inflation: Poll
LONDON — The Bank of England looks set to hike borrowing costs by another 50 basis points next week,...
US Railway Strike Once Again Leaves Economy Hanging in the Balance
A long festering dispute between United States railway workers and their employers once again hangs in...
US Military Industrial Complex Grants Zelensky an Audience, Foreshadowing Escalation of War With Russia
Commentary The U.S. military industrial complex is set to grant Ukraine President Volodymyr Zelensky...