Tokyo Reuters — Japan’s core consumer prices in December rose 4.0% from a year earlier, double the central bank’s 2% target and hitting a fresh 41-year high, data showed on Friday, adding to recent growing signs of mounting inflationary pressure. The data will likely keep alive market expectations that the Bank of Japan (BOJ) will […]
CNN — Brazilian police searching the house of former President Jair Bolsonaro’s justice minister found a draft decree proposing the introduction of a state of defense to overturn the result of the country’s presidential election, the ministry’s spokeswoman told CNN. Justice Ministry spokeswoman Lorena Ribeiro said Federal Police found the document while carrying out a […]
London CNN — European and Asian stocks pushed higher on the first major trading day of 2023 as investors try to look beyond a gloomy outlook for the world economy, China’s worst Covid outbreak and stubbornly high inflation in Europe. But after a positive start, Wall Street succumbed to fear again. US stocks opened higher […]
London CNN — The global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing central banks to hike borrowing costs at an unprecedented clip to bring it under control. Their campaign to manage prices may be working — but potentially at a sizable cost in 2023. “It is likely that […]
Hong Kong CNN — Almost 250 million people in China may have caught Covid-19 in the first 20 days of December, according to an internal estimate from the nation’s top health officials, Bloomberg News and the Financial Times reported Friday. If correct, the estimate – which CNN cannot independently confirm – would account for roughly […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — Investors around the world have been trying to adjust their portfolios to contend with […]
CNN — For more than a year, I have been trying to help a family leave Afghanistan for safety and a new life abroad. I met one member of the family of four years ago on multiple assignments in Afghanistan and we have stayed in touch through the many ups and downs of the war […]
New York CNN — The Federal Reserve is expected to raise interest rates by half a point at the conclusion of its two-day policy meeting on Wednesday, an indication that the central bank is pulling back on its aggressive stance as signs begin to emerge that inflation may be easing. Although that increase would be […]
New York CNN Business — A must-pass defense bill now being negotiated in Congress includes new sanctions designed to trip up Russia’s war machine by targeting Moscow’s mountain of gold. The legislative text of the National Defense Authorization bill for fiscal 2023 includes language from a bipartisan bill introduced in March that would make it […]
London CNN — Beijing has set up more than 100 so-called overseas police stations across the globe to monitor, harass and in some cases repatriate Chinese citizens living in exile, using bilateral security arrangements struck with countries in Europe and Africa to gain a widespread presence internationally, a new report shared exclusively with CNN alleges. […]
