Japan's economy grew at a much weaker-than-expected annualised rate of 1.1% in the second quarter, complicating the Bank of Japan's efforts to raise interest rates and fight inflation, according to a …
South Korea's Kospi index surged as much as 4.8% on Thursday, extending its gain from a July 30 low to about 22% and putting it on track for a technical bull market, driven by a global rebound in AI t…
South Korea's First Vice Finance Minister Lee Hyoung-il chaired discussions with financial authorities after the US Federal Reserve held its benchmark interest rate at 3.5-3.75 percent for the fifth c…
The US Federal Reserve faces growing pressure to hike interest rates at its Jul 28-29 meeting as oil prices rebound due to Middle East tensions, AI-related demand, and new US tariffs fuel inflation ri…
The US Federal Reserve has appointed Xbox CEO Asha Sharma to co-lead its Productivity and Jobs task force, which will assess the economic impact of new general-purpose technologies including AI. The a…
Xbox CEO Asha Sharma has joined the US Federal Reserve as an adviser on artificial intelligence for its 'productivity and jobs' taskforce, bringing gaming industry expertise to central bank discussion…
Bank of America upgraded its global growth forecast, citing an AI-driven export cycle in Asia and an AI investment boom in the US. The bank now expects global GDP growth of 3.2% in 2026 and 3.5% in 20…
New research from the US Federal Reserve identifies a specific career move as the worst decision workers can make in the current labor market. Private payroll data and labor market statistics both con…