Taiwan Minister Says Trump's Impact Limited By His Single Term
Taiwan’s economic minister said the impact of Donald Trump and his policies will be limited because he can only serve a single term, rare frank comments that show how governments around the world are ...
Mortgage rates shake off turkey coma, start moving up and down
Mortgage rates are waking up from their holiday slumber and finally starting to move. Depending on whether you need a default ...
UK Treasury chief heading to China to revive suspended economic and financial talks
Bank of England Governor Andrew Bailey and the U.K. Financial Conduct Authority’s chief executive, Nikhil Rathi, are also in the delegation, according to the Treasury. Representatives from some of ...
Insurers brace for billions in losses from California wildfires
Insurers are bracing for losses of as much as US$10 billion from wildfires in Los Angeles after blazes ravaged some of the ...
Canada's tariffs on Chinese-made EVs pose quandary for next prime minister
Canada announced 100 per cent tariffs on Chinese EVs in August, aligning its policy with the U.S., which had announced them in May. The tariffs generated controversy from the outset, as trade lawyers ...
Japan imposes new sanctions on Russia and other countries that allegedly helped it evade bans
TOKYO (AP) — Japan’s Cabinet on Friday approved additional sanctions against Russia over its war on Ukraine, including freezing the assets of dozens of individuals and groups and banning exports to ...
Philip Cross: Justin Trudeau’s failed vision for Canada
Few of Trudeau’s policies had the significant benefits promised for them. Deficit spending failed to boost incomes. The ...
China's Market Support Falls Short as Economic Gloom Deepens
The grim mood is a far cry from last autumn, when a string of monetary policy stimulus, and promises of fiscal steps, saw stocks stage an epic rally. The yuan was also at the strongest in over a year ...
Japan's Household Spending Falls, Weighing on BOJ Rate Hike Path
In late 2024, Prime Minister Shigeru Ishiba added fresh aid for low-income households to cope with inflation, through his ...
Posthaste: How the stock market can tank when you least expect it
Recession is the most common driver of significant losses in the stock market; you only have to look as far back as 2020 and 2008 to see that. But today with no signs of a slowdown on the horizon and ...
Wall Street expects to shed 200,000 jobs as AI erodes human roles
Global banks are expected to cut as many as 200,000 jobs in the next three to five years as artificial intelligence (AI) encroaches on tasks currently carried out by human workers, according to ...
‘Era of uncertainty’ requires economic leadership, FP outlook event hears
Just two weeks into 2025, Canada is already facing a political shakeup, ongoing threats from the U.S. president-elect and a raft of chronic economic pain points. These issues and more were dissected ...