Turkey’s central bank raises interest rate less than expected, to 17.5%
“Terrible decision and I think a mistake. Again under-delivering,” one strategist said in reaction to the news.
Swedish embassy in Baghdad stormed, set alight over Quran burning plans
Hundreds of protesters stormed the Swedish embassy in central Baghdad early on Thursday in protest against the expected burning of a Quran in Sweden.
China says two policies to support business coming soon
Business sentiment has generally soured amid lackluster economic growth after China’s initial recovery from the pandemic.
Singapore and Lisbon top ranking of the cities with the biggest surge in prime rents
Rents in prime residential areas increased the most in Singapore, Lisbon and Berlin in the first half of the year, according to a report by Savills.
TSMC reports first profit drop in 4 years as electronics demand slump continues
TSMC is the top producer of the world’s most advanced processors, but demand for consumer electronics has plunged post-pandemic.
Here are the biggest reasons jobs could disappear — and A.I. isn’t one of them
Fears about artificial intelligence leading to job losses have intensified in recent months, but other economic factors may be much bigger risks.
Why are people not getting married anymore?
A record number of people in the U.S., China, Japan and the U.K., are opting out of marriage. The decline is especially strong in the middle and working class – the socioeconomic groups that were once champions of marriage. In Japan and South Korea, ma…
India’s smartphone shipments stabilize after three quarters of decline, report shows
Samsung continued to dominate in the second quarter, claiming about 18% market share with 6.6 million shipments, according to Canalys.
A new foldable smartphone is becoming as popular as an Apple iPhone model in China
On Chinese e-commerce site JD.com’s “hot sales” smartphone rankings this week, the Honor Magic V2 foldable vies with Apple iPhone models for the top three.
BHP posts record full-year iron ore output, flags rising costs
BHP’s iron ore production in Australia aided by improved rail performance at mines, but production was hit by unfavorable impacts from tropical Cyclone Ilsa.
