China's factory output and retail sales remained weak in May, official data showed Wednesday, with tepid demand and lingering Covid restrictions putting a damper on growth in the world's second-largest economy.
Asian equities were mixed Wednesday with investors nervously awaiting a Federal Reserve interest rate decision that has taken on greater significance since a forecast-busting inflation report sent shockwaves through world markets.
Prathamesh Jathar is one of many brightly dressed riders zipping through the streets of Berlin, dropping off groceries just minutes after the orders come in.
- Second arrest over missing British journalist, indigenous expert in Brazil
- Germany races to stockpile gas before winter
Economy
Shanghai's lengthy Covid-19 lockdown pushed a quarter of US firms in the city to cut investment plans and nearly all to drop revenue forecasts, a business group said Wednesday.
June 15, 2022
RECENT NEWS
A first flight carrying asylum seekers to Rwanda as part of a controversial UK policy was cancelled on Tuesday in an embarrassing blow to Prime Minister Boris Johnson government.
June 14, 2022
RECENT NEWS
England suffered their heaviest home defeat in nearly 100 years on Tuesday as Gareth Southgate's side went down 4-0 to Hungary in the UEFA Nations League, while it was also a night to forget for Italy as they lost 5-2 in Germany.
June 14, 2022
Brazilian President Jair Bolsonaro rang the bell at the Sao Paulo stock exchange Tuesday to mark the start of trading in shares of newly privatized electricity company Eletrobras, the second-biggest stock offering worldwide this year.
June 14, 2022
England manager Gareth Southgate accepted responsibility for the Three Lions' worst home defeat since 1928 as Hungary stormed to a 4-0 win in Wolverhampton on Tuesday.
June 14, 2022
Economy
Global equity markets mostly fell on Tuesday as markets awaited a key Federal Reserve decision amid rising expectations for an even tougher rate hike than previously telegraphed.
June 14, 2022
RECENT NEWS
Raging floods, devastating fires, powerful thunderstorms and a dangerous heat wave affecting a third of the population: the United States was being walloped Tuesday by climate-related catastrophes.
Germany equalled their biggest ever win over European champions Italy as Timo Werner scored twice in a thumping 5-2 Nations League victory on Tuesday.
Washington said Tuesday it will continue to allow payments to Russia for energy products through December 5, to give European countries time to prepare for a near-total oil embargo in retaliation for Moscow's war on Ukraine.
UEFA are considering introducing a four-team mini-tournament at the start of each season, just before the Champions League group phase begins, European football's governing body confirmed on Tuesday.
June 14, 2022
Sports
Memphis Depay scored an injury-time winner just seconds after Gareth Bale had equalised for Wales as the Netherlands snatched a 3-2 Nations League victory on Tuesday.
June 14, 2022
RECENT NEWS
England are staring relegation from the top tier of the Nations League in the face after a 4-0 thrashing by Hungary on Tuesday inflicted the Three Lions' heaviest home defeat since 1928.
Sixth-ranked Cameron Smith can feel the difference from the crowds since winning The Players Championship. Now the Australian wants to take the next leap and become a major winner.
Costa Rica became the last team to qualify for this year's World Cup as Joel Campbell's early goal gave the Central Americans a nervy 1-0 win over New Zealand in a play-off on Tuesday.
The UK government on Tuesday insisted it would go ahead with its controversial policy to send asylum seekers to Rwanda, even as last-minute legal appeals meant there was a chance the first such flight might not take off.
June 14, 2022
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- Canada, Denmark settle 'whiskey war' over Arctic island
- BTS taking a break as group members pursue solo work
- India all but sinks WTO sustainable fishing deal
- UN warns against adoption of Ukrainian children in Russia
- Polish hammer star Wlodarczyk to miss world championships
- More crew of grounded plane prevented from leaving Argentina
- French Open finalist Ruud crashes out of Queen's