World Economic Magazine

What you need to know about the coronavirus right now

Here's what you need to know about the coronavirus right now.

5 years ago

‘Meme’ stock prices may not properly reflect demand -NYSE president

The prices of so-called meme stocks may be distorted because the majority of trades in those names are executed away…

5 years ago

BOJ may start debate on stimulus retreat in 2023, former c.banker says

The Bank of Japan may be able to start debating ways to phase out its extraordinary stimulus programme, such as…

5 years ago

Investors trim long positions on Asian currencies, yuan bets halved

Long bets on most of Asia's emerging currencies were trimmed, a Reuters poll showed on Thursday, as investors weigh the…

5 years ago

Philippine Airlines parent posts record loss, readies restructuring plan

MANILA, June 17 (Reuters) - The parent company of Philippine Airlines' (PHL.UL) booked a record 73 billion pesos ($1.51 billion)…

5 years ago

NZ economy surges as housing, retail drive post-COVID recovery

New Zealand's economic growth swept past forecasts in the first quarter on the back of a housing boom and strong…

5 years ago

Microsoft names CEO Satya Nadella as chairman

June 16 (Reuters) - Microsoft Corp (MSFT.O) on Wednesday named Chief Executive Officer Satya Nadella as its new chairman, in…

5 years ago

Dollar hits two-month highs on Fed’s hawkish surprise; kiwi climbs after GDP

The dollar rose to its highest level in almost two months versus major peers on Thursday after the Federal Reserve…

5 years ago

Crude oil prices steady near multi-year highs

Crude oil prices hovered near multi-year highs on Thursday buoyed by dropping U.S. crude inventories and broadly shrugging off a…

5 years ago

Wall Street closes lower as Fed officials project rate hikes for 2023

The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications…

5 years ago