SYDNEY-Fitch Ratings has added its name to a slew of prominent forecasters downgrading the outlook for world economic growth and push up its expectations for U.S. inflation, highlighting rising ...

Financial markets are not just focused on what the Federal Reserve says about the future path of interest rates on Wednesday. The markets are also on alert for changes to the Fed's ongoing runoff of ...

Chinese sportswear giant Anta Sports Products posted a profit gain for 2024 amid nascent signs of a consumption recovery in the country. Anta Sports said Wednesday that net profit rose 7.1% to 11.73 ...

SINGAPORE--Experts surveyed by Singapore's central bank maintained their 2025 economic growth forecast for the city-state, expecting momentum to slow after last year's robust performance and again ...

If shipments of Japanese cars to the U.S. drop by 40% under 25% auto tariffs set by the Trump administration, that could reduce Japan's exports and production by 1.8 trillion yen a year, equivalent to ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, bolstered by strong air travel demand and road mobility.

Rio Tinto, the world's second-biggest miner by market value, is shifting toward growth following years of prioritizing shareholder returns and repairing ties with communities--particularly after the ...

The Japanese central bank held monetary settings steady, taking a breather after raising its policy rate to the highest level in over 16 years at the previous meeting. Central banks can lower interest ...

Xiaomi was in a net cash position of CNY 73 billion at end-December 2024. The company indicated it will continue to invest in largely minority stakes in companies that can help build its Internet of ...

The ratings agency cut its U.S. 2025 growth forecast to 1.7% from 2.1%, a level well down from growth rates of closer to 3.0% in both 2023 and 2024. It also lowered its U.S. GDP forecast for 2026 to 1 ...

In a widely expected move, the Japanese central bank maintained its target for the overnight call rate at 0.5%. The BOJ made its third rate hike in late January after ending the world's last negative ...