Page 100 - Eco News Today

Japan and Germany say it is time for a rethink of how some of the world's most powerful institutions - including the United Nations Security Council - deal with emerging countries.

U.S. President Joe Biden will meet Ukrainian President Volodymyr Zelenskiy on Sunday and also hold a joint meeting with the leaders of South Korea and Japan, according to a U.S. official.

British consumer confidence has risen for the fourth month in a row to its highest in 15 months as households take a more positive view about the economy and their finances, despite inflation still in double digits, a survey showed on Friday.

Asian shares rose on Friday and the dollar hung near a two-month peak as increased hopes of a deal over the U.S. debt ceiling and strong economic data lifted sentiment, while Japan's Nikkei jumped to highest in nearly 33 years.

Prime Minister Rishi Sunak is taking a small step in the right direction. After much hesitation, Britain announced on Friday it would invest 1 billion pounds in its domestic semiconductor industry, with a focus on chip designs. The approach makes sense. Britain plays a relatively insignificant role in chip manufacturing, which is dominated by Taiwanese giant Taiwan Semiconductor Manufacturing Company (TSMC) . Nor does it produce the equipment needed to build advanced chips, the realm of Dutch gi...

The Reserve Bank of India's (RBI) board on Friday approved a surplus transfer of 874.16 billion rupees ($10.69 billion) to the government for the fiscal year ended March 31, less than the market estimate of at least 1 trillion rupees.

A swift conclusion to Ghana's external debt restructuring would benefit its international bond prices but the talks may be tricky and holders could face a write down of up to 50%, analysts said after the country secured a $3 billion IMF rescue loan.

Wall Street, small businesses and potential homebuyers may all breathe a sigh of relief if the Federal Reserve chooses not to raise interest rates at its policy meeting next month, as many traders and analysts expect.

Japan's core consumer inflation stayed well above the central bank's 2% target in April and a key index stripping away the effects of fuel hit a fresh four-decade high, keeping alive expectations of a tweak to its massive stimulus this year.

South Korea's finance minister on Friday met the Chinese ambassador and discussed economic cooperation, as diplomatic tensions with Beijing put an additional dent on the already sluggish economy.