Business and Economy

Business and Economy Latest News

Asian markets track Wall St records after US inflation data
Asian markets track Wall St records after US inflation data
by  AFP

Asian equities rallied Thursday after US data showed inflation cooled last month, fuelling speculation that the Federal Reserve will cut interest rates twice this year. Tokyo also advanced, even after data showed Japan's economy shrank more than expected in the first three months of the year.

Mission impossible? Next Boeing CEO faces pile of problems
Mission impossible? Next Boeing CEO faces pile of problems
by  AFP

Since announcing plans in late March to replace CEO Dave Calhoun at the end of 2024, Boeing's problems have seemingly gone from bad to worse, complicating an already daunting executive search. Given the depth of the problems, some Boeing watchers argue the company needs to make profound changes beyond the executive-suite shakeup already announced, which keeps Calhoun in his post through December.

Energy

Money

Industry

Technology

Economy