Economy

Turkey’s central bank fought to shore up the plunging lira, directly intervening in foreign-exchange markets for the first time in seven years. The central bank sold foreign currencies, including the...

The global recovery has lost momentum and is becoming increasingly uneven, the Organization for Economic Cooperation and Development (OECD) said in its latest economic outlook on Wednesday, adding that the...

TOKYO — Japan continued its aggressive stance against a new coronavirus variant on Wednesday, asking international airlines to stop taking new reservations for all flights arriving in the country until...

South Korean exports grew at their fastest pace in three months in November thanks to post-pandemic recoveries in big trading partners that pushed up demand for chips and petrochemicals, but...

Once again, Turkey is in the throes of a currency crisis. The lira has lost more than 40 percent of its value against the United States dollar this year, making...

Amazon Web Services has launched a new cloud-based data service that could help auto makers remotely diagnose issues in their vehicles to prevent recalls and improve safety, as well as...

Australia will conduct a wide-ranging parliamentary inquiry into the behaviour of the world’s largest technology companies and the need for new legislation, Prime Minister Scott Morrison said on Wednesday. Australia...

Japan’s factory activity grew in November at the fastest pace in nearly four years, as manufacturers’ output and order books improved with an easing of critical supply bottlenecks. Businesses, however,...

Turkey’s interest rates will continue to fall, President Recep Tayyip Erdogan said, making a case for an economy freed from dependence on short-term foreign cash and transformed into one that...

Consumer confidence was tripped up by inflation in November and tumbled to the worst level in nine months, data released Tuesday show. The index of consumer confidence dropped to 109.5...