Powell said in remarks for an International Monetary Fund audience that more work could be ahead in the battle against high prices.
Goldman Sachs sees ‘clear deficit’ of iron ore for the rest of the year
The iron ore market is looking at a shortfall for the rest of the year due to low inventories and falling production, said Goldman Sachs.
Chinese fast fashion retailer Temu overtakes Shein to dominate Japan and South Korea apps
Chinese low-cost retailer Temu, owned by Pinduoduo, is dominating app stores in Japan and South Korea, dethroning Shein after a successful expansion in the West.
Startup Li Auto is beating Tesla China’s EV sales
Chinese startup Li Auto sold more cars in October than Tesla’s China business did in October, according to the China Passenger Car Association.
South Korea is battling a bedbug outbreak as cases climb
South Korea’s government is launching a four-week-long campaign to carry out inspections and implement pest control measures at “vulnerable” public facilities.
Got a gap in your resume? Own it, say workplace experts
“Employers have been more amenable due to the pandemic … gaps aren’t glaring red flags as they’ve been in the past,” says one career expert.
‘We need everything’: CEO on why natural gas infrastructure needs to be ready for clean hydrogen
Blending hydrogen into natural gas infrastructure will be needed to meet decarbonization goals, according to the CEO of Italgas.
Keeping 1.5 alive? IEA lists ‘crucial ingredients’ to keep worst effects of climate change at bay
The landmark 2015 Paris Agreement looms large over the upcoming COP28 climate change summit.
As the West courts Russia’s neighbors, Putin shows he won’t give up its backyard without a fight
Russia signaled this week that it will not take Western efforts to build ties with Central Asia lying down.
Laos is spiraling toward a debt crisis as China looms large
An alarming debt crisis has unfolded in Laos in recent years, raising worries about the nation’s obligation to its biggest creditor, China.