New Zealand holds key rate, sees policy staying accommodative
The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year New Zealand’s central bank held interest rates at the lowest level in 3½ years and expects…
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The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year New Zealand’s central bank held interest rates at the lowest level in 3½ years and expects…
The Malaysian ringgit, Asia’s top performing currency in the past year, still has potential to gain as the economy continues to perform strongly, Second Finance Minister Amir…
Ricky Gervais appeared to laugh at this year’s crop of Grammy winners for their politically-charged speeches, taking to X after the 2026 ceremony to share an excerpt from his 2020 Golden…
Michael Fiddelke is looking to move fast as he takes over as chief executive officer of Target Corp. and build on the retailer’s style-heavy roots as it reinvents for the future. In a…
Levi Strauss & Co. is on something of a roll — and Michelle Gass, president and chief executive officer, is looking to keep it going. Organic sales grew by 7 percent to $6.2 billion for…
The US Federal Reserve held interest rates steady on Wednesday, citing still-elevated inflation alongside solid economic growth, and giving little indication in its latest policy…
A remade VF Corp. gained some more momentum in its fiscal third quarter. The company — parent to The North Face, Vans, and Timberland — has been in a period of deep transition, with a snap…
There is still and always will be transcendent American culture. But I’ve never seen anything like this. For years, they called us fat—but bellies are made of pleasure, and the world still…
South Korean authorities expect the won to strengthen to around the 1,400 per dollar level in a month or two, although domestic policies alone will not be able to stabilise foreign…
The index’s surge over the past 12 months is the best among more than 90 global equity indexes tracked by Bloomberg The world-beating rally in South Korean stocks is poised to extend as…
The Justice Department does not believe there is currently any basis to open a criminal civil rights investigation into the killing of a woman by a U.S. Immigration and Customs Enforcement…
The Philippines’ central bank will keep weighing a feeble growth outlook against gradually rising inflation to set monetary policy in a balancing act that could bring an end to its easing…
This year, there are two films vying for the best international feature film Oscar which are set in Iran, following a group of people, mostly strangers to each other, traveling in a van…
Bank of America CEO Brian Moynihan says he's feeling good about where the U.S. economy is headed -- even if consumers don't quite feel the same way yet. Source link
WhenKate Hudson burst onto the screen in Almost Famous, it felt like the arrival of the next big star. In her biggest role after two supporting turns, Hudson was vivacious, funny, and…
The rapid growth of data centers during the AI boom has been a dominating narrative of 2025—and, in many instances, not a popular one. Across the country, communities have pushed back…
South Korea’s central bank said on Wednesday (Dec 17) that headline inflation in 2026 could exceed earlier forecasts, if the won stays at its current level against the dollar. “If the…
Trump is slated to interview the central bank governor Chris Waller on Dec 17 for the chair job Treasury Secretary Scott Bessent said there are one or two more interviews this week for the…
Looking to 2026, investors debate cutting AI exposure or doubling down to ride a potentially game-changing boom It has been three years since OpenAI set off euphoria over artificial…
PHILIPPINE central bank Governor Eli Remolona said monetary authorities may cut the benchmark interest rate one more time in the current easing cycle with the economic recovery likely to…
Vince, the laid back, California-inspired contemporary brand, saw a significant boost in sales in the third quarter and continues to see selling momentum in the fourth quarter so far. Net…
It’s been a tumultuous year for the legacy retailer, shaped by new tariffs, shifting consumer habits, and the constant flip between “wartime” and “peacetime” leadership. Macy’s Inc.…
Even in defeat, the top brass at the Democratic National Committee claimed victory coming out of a special election this week that their candidate lost in a reliably red Tennessee…
[TOKYO/YOKOHAMA] Nomura’s chief executive officer vowed to build on the company’s earnings revival by strengthening businesses across the board, ranging from wealth to asset management and…