economy

US identifies use of AI as risk in financial system

WASHINGTON, Dec 14, 2023 (AFP) - US regulators have identified the use of artificial intelligence as a vulnerability in the…

Business confidence up among Japan’s big manufacturers

TOKYO, Dec 13, 2023 (AFP) - Confidence among Japan's largest manufacturers has risen for a third straight quarter, a key…

Argentina devalues peso, unveils measures to avoid ‘hyperinflation’

By Fran BLANDY BUENOS AIRES, Dec 13, 2023 (AFP) - Argentina devalued its currency by more than 50 percent Tuesday…

Zurich, Singapore world’s most expensive cities: The Economist

PARIS, Nov 30, 2023 (AFP) - Zurich and Singapore are the most expensive cities in the world ahead of New…

OECD trims global growth forecast, warns of conflict risk

PARIS, Nov 29, 2023 (AFP) - The world economy is likely headed for a soft landing next year, the OECD…

OPEC+ meeting postponed to November 30, sending prices falling

VIENNA, Nov 22, 2023 (AFP) - The ministerial meeting of the OPEC+ alliance originally scheduled for Sunday in Vienna has…

US clears key hurdle in race to avert government shutdown

By Frankie TAGGART WASHINGTON, Nov 14, 2023 (AFP) - US lawmakers on Tuesday approved a stop-gap bill to keep the…

Japanese economy shrinks 0.5 percent in third quarter

By Tomohiro OSAKI TOKYO, Nov 15, 2023 (AFP) - Japan's economy contracted by a worse-than-expected 0.5 percent in the third…

US postpones Asia trade deal rollout after domestic fire

SAN FRANCISCO, Nov 14, 2023 (AFP) - President Joe Biden's administration signaled Monday it would postpone a draft of an…

China’s ‘Singles Day’ shopping bonanza loses its lustre

BEIJING, Nov 11, 2023 (AFP) - China's annual "Singles Day" sales bonanza wraps up at midnight on Saturday, but consumers…

Japan to spend $13 bn to boost domestic chip production

TOKYO, Nov 10, 2023 (AFP) - Japan's government said on Friday that it plans to spend 2 trillion yen ($13…

British economy stalls in third quarter

By Roland JACKSON LONDON, Nov 10, 2023 (AFP) - Britain's economy stagnated in the third quarter, official data showed Friday,…

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