Euro zone inflation unexpectedly slows to 2.4% in March, with core print also below forecast
Economists polled by Reuters expected the rate to hold steady on the prior month at 2.6%.
Swiss Re names corporate solutions boss Berger as new CEO
Reinsurance company Swiss Re said it would appoint its corporate solutions boss Andreas Berger as its group chief executive from July.
Turkey’s inflation climbs to 68.5% despite continued rate hikes
Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to the Turkish Statistical Institute’s report released Wednesday.
CNBC Daily Open: A projection is not a promise
The U.S. Federal Reserve may not cut rates in June and that could have global implications.
U.S. loses its spot to China as Southeast Asia’s most favored ally, survey shows
This is the first time Beijing has edged past Washington since 2020 when The State of Southeast Asia survey first started asking the question.
Half of adults globally are stressed about their finances, and inflation is a key reason
More than half of people said they were “very or somewhat stressed” about money.
TSMC’s evacuated workers return to some factories after Taiwan’s strongest earthquake in 25 years
The island was rocked by a massive earthquake that collapsed buildings and prompted tsunami advisories from Japan and the Philippines.
Disney reportedly poised to claim victory in bitter Peltz board fight
Walt Disney has secured enough shareholder votes to defeat a challenge against its board mounted by Peltz’s hedge fund, Reuters reported.
Singapore’s economic losses due to heat stress could nearly double to over $1.5 billion in 2035
Fall in productivity is expected to rise to 14% in 2035, leading to an economic loss of S$2.22 billion ($1.64 billion), after adjusting for inflation.
Why Japan’s ‘shunto’ wage hikes may not bring cheer to over 80% of its workers
Unionized workers that are expected to receive the pay bump made up just 16.3% of Japan’s workforce — a record low — as of June 2023.
