Biden promised faster trains, Amtrak delivered slower ones
When Amtrak's new NextGen Acela trains rolled into a station in August, they were gleaming pieces of modern machinery. Source link
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Slower
China’s credit expansion slows on weak demand, slower bond sales
China has been struggling to overcome the collapse of demand for borrowing linked to the property sector China’s credit growth slowed from a year ago in August with its loan expansion…
Trump's deportation plans result in 320,000 fewer immigrants and slower population growth, CBO says
President Donald Trump's plans for mass deportations and other hardline immigration measures will result in roughly 320,000 people removed from the United States over the next ten years,…
Oil prices rise as Opec+ agrees to raise output at slower pace from October
The Organisation has been increasing production since April after years of cuts to support the oil market Oil prices rose on Monday (Sep 8) in early trade, paring last week’s losses, after…
Women are slower to adopt AI at work. Here’s why
As a leader in technology for nearly 30 years, I have observed waves of innovation disrupt the global business landscape and trigger major shifts in the way we work. Now, as AI takes its…
US: Stocks mixed on slower hiring, economic uncertainty
Wall Street stocks closed mixed on Wednesday on signs that US economic activity was cooling, even though investors were careful not to overreact to a slowdown in private sector…
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower gross domestic product growth, subdued earnings…
Growth in global private equity deal flow may be slower than expected this year: Preqin
INVESTORS forecasting a quick uptake in global private equity (PE) activity this year may be disappointed, especially if the gap in pricing expectations between buyers and sellers…
MTI's Preliminary Forecast Suggests Singapore's Economy Grew 4.3% in the Fourth Quarter, Slower Than the Previous Quarter
According to preliminary estimates provided by the Ministry of Trade and Industry (MTI) on Thursday (Jan 2), Singapore's GDP grew 4.3 percent in the last quarter of 2024, slower than the…
Gold at one-month low after Fed flags slower rate cut pace next year
GOLD prices languished near a one-month low on Thursday (Dec 19) after the US Federal Reserve indicated it would slow the pace of its monetary policy easing cycle next year, lifting the US…
Fed’s Jeffrey Schmid favours slower pace for interest-rate reductions
FEDERAL Reserve Bank of Kansas City president Jeffrey Schmid said he favours a slower pace of interest-rate reductions given uncertainty about how low the US central bank should ultimately…
China's Kaisa forecasts bigger H1 net loss on slower property deliveries
(Reuters) -Chinese property developer Kaisa Group said on Thursday it expects to report a bigger net loss for the first half of the year, hurt by a decline in property deliveries and…