European stocks close volatile week higher as global markets rebuild
LONDON — European stocks closed higher on Friday as global equity markets looked to rebuild from the recent sell-off.
Economy asian news
Bull trap? It's 'make or break' time for U.S. soft landing case, strategist says
The S&P 500 is facing a key test level as the consensus view of a soft landing for the U.S. economy reaches a "make or break" point, according to one strategist.
Bangladesh Puts Its Eggs in One Economic Basket. Now, a Reckoning.
Not long ago, Bangladesh was hailed as an economic miracle. Its singular focus on exporting textiles and apparel delivered rapid growth, lifting millions out of poverty and winning the country’s prime minister, Sheikh Hasina, fame and admiration.
A popular trading strategy just blew up in investors’ faces
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10-year Treasury yield dips as traders weigh state of U.S. economy after latest data
U.S. Treasury yields were lower Friday as investors continued to assess the state of the U.S. economy after labor data buoyed sentiment.
Bali casino: an ‘impossible’ dream or economically sound gamble for Indonesia?
While officials have dismissed the idea, members of the Indonesian Young Entrepreneurs Association (Hipmi) in Bali, who floated the suggestion on July 12, insist that a Bali casino would boost the island’s income by up to 13 trillion rupiah (US$809 million) to help it tackle a host of problems brought by mass tourism, such as waste.
Southeast Asia's trade dilemma over China's cheap imports
In Nikkei Asia News Roundup's latest episode, Brian Chapman and special guest Sayumi Take discuss how Southeast Asian countries are raising barriers to cheap Chinese goods, especially those bought online.