Showing 1 - 7 of 7
Global debt dominates G20 finance talks
AFP, Published on 17/07/2023
» GANDHINAGAR, India: G20 finance ministers and central bank chiefs opened talks Monday on debt restructuring deals, multilateral bank reform and finance to tackle climate change, as they aim to bolster a sagging global economy.
Argentina ramps interest rate to 97% as inflation soars
AFP, Published on 16/05/2023
» BUENOS AIRES: Argentina's central bank hiked its base interest rate Monday by six points to 97% as the government prepares to announce a spate of measures to tackle soaring inflation ahead of October's general election.
Tesla to invest about $5bn in Mexico plant
AFP, Published on 01/03/2023
» MEXICO CITY: American electric car maker Tesla will invest about US$5 billion in a massive new factory in the northern Mexican city of Monterrey, a senior government official said Tuesday.
'Guerrilla' sales, crowdsourcing: Japan's game console crunch
AFP, Published on 05/07/2022
» TOKYO - It's still dark when the line starts forming outside an electronics store in Tokyo, as desperate gamers try to snag the latest PlayStation or Xbox despite chronic shortages in Japan.
'Everything evaporated' - Olympics' overseas fan ban hits Japan tourism
AFP, Published on 22/03/2021
» TOKYO: Toshiko Ishii spent $180,000 renovating her traditional Japanese inn in expectation of a flood of tourists for the Tokyo Olympics, but now she won't be hosting a single overseas fan.
Virus plunges Australia into first recession in nearly 30 years
AFP, Published on 02/09/2020
» SYDNEY: Australia tumbled into its first recession for almost three decades with its pandemic-crippled economy shrinking a record 7% in the second quarter, official data shows.
Germany set to further slash 2019 growth forecast
AFP, Published on 17/04/2019
» BERLIN - Berlin is set to further lower its economic growth forecast Wednesday as Europe's largest economy cools off, but ministers are unlikely to bend to foreign demands to boost activity with extra government spending.