Economic News
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Asian shares advance as easing virus fears boost Wall St
Stocks have advanced in Asia after another broad rally on Wall Street as investors wagered that the new variant of the COVID-19 virus won’t pose a big threat to the economy
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Japan economy contracts 3.6% in 3Q on weaker spending, trade
Japan has downgraded its growth estimate for the last quarter, saying weaker consumer spending and trade resulted in a 3.6% contraction
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Japan economy contracts 3.6% in 3Q on weaker spending, trade
Japan has downgraded its growth estimate for the last quarter, saying weaker consumer spending and trade resulted in a 3.6% contraction
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Japan says its economy contracted 3.6% in July-September, in updated estimate showing weaker consumer spending, trade
Japan says its economy contracted 3.6% in July-September, in updated estimate showing weaker consumer spending, trade
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Biden to withdraw embattled banking regulator nominee
President Joe Biden says Saule Omarova’s nomination to lead the Office of the Comptroller of the Currency will be withdrawn
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ArtPlace America shows why culture matters to communities
For a decade ending last December, ArtPlace America sprinkled $150 million across the nation, backing a kaleidoscope of projects
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US trade deficit narrows in October as exports rebound
The U.S. trade deficit narrowed to $67.1 billion in October, the lowest in six months, after hitting a record high in September
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EXPLAINER: Chinese builder’s debt struggle rattles investors
Global investors are watching nervously as one of China’s biggest real estate developers tries to avoid a default on its $310 billion mountain of debt
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China's November exports rise 21.4% but growth eases
China has reported its exports rose by double digits in November but growth declined, while imports accelerated in a sign of stronger domestic demand
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End of an era: Germany's Merkel bows out after 16 years
Angela Merkel is credited with raising Germany’s profile and influence, working to hold a fractious European Union together, managing a string of crises and being a role model for women in a near-record tenure that ends with her leaving office amid praise from abroad and enduring popularity at home
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