Bolivia’s Senate approved Thursday in general terms a central bank bill that would allow the country to monetize its gold reserves, a key step to ease a dollar shortage and tame a growing financial crisis.
The family behind Taylor’s Education Group is exploring the sale of a minority stake in a unit that owns private universities in Malaysia and Vietnam, according to people with knowledge of the matter.
Hong Kong should focus on reducing its fiscal deficit at a gradual pace rather than over two years to ensure a balanced recovery now that its economy is returning to normal after the pandemic, the International Monetary Fund said.
The Pentagon is seeking a meeting between Defense Secretary Lloyd Austin and his Chinese counterpart in Singapore next month, according to people familiar with the matter, as the Biden administration tries again to restart military contacts despite China’s earlier refusal.
Leaked document from a senior software engineer sounds the alarm about Google’s edge in artificial intelligence.Â
A blockbuster result from Macquarie Group Ltd.’s commodities trading business helped offset a downturn in dealmaking to deliver the bank a 10% jump in annual profit.
Tesla Inc. raised the prices of its premium models in China, following a small increase in the cost of its top-selling Model 3 and Model Y earlier in the week.
Australia’s central bank lowered its forecasts for inflation, wages and broader GDP growth this year, suggesting its 11 interest-rate increases since last May are gaining traction in the economy.
Nick O’Kane, whose powerhouse commodities trading business underpinned Macquarie Group Ltd.’s record annual profit, is taking home more than the firm’s CEO.
Prime Minister Justin Trudeau’s government is assessing the consequences of potentially expelling a Chinese diplomat accused in media reports of targeting a Canadian lawmaker’s family for sanctions for political reasons.
