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20198 articles published since 08 Mar 2022

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Stocks stutter with focus on Fed, tech after US reopen vote
Stocks stutter with focus on Fed, tech after US reopen vote
Economy

Asian markets trod water Thursday as euphoria over the end of a record US government shutdown petered, with focus back on Federal Reserve interest rates and tech bubble worries. The currency has come under pressure following dovish comments from Japan's central bank that tempered best on another interest rate hike and as the US moved towards reopening its government.

US presses final penny after more than 230 years
US presses final penny after more than 230 years
Economy

The United States pressed its final circulating penny on Wednesday, in a move made to save money as the one-cent coin denomination became less relevant over time. "For far too long the United States has minted pennies which literally cost us more than 2 cents.

Ukraine ministers resign over major corruption scandals
Ukraine ministers resign over major corruption scandals
Economy

Ukraine's energy and justice ministers resigned on Wednesday over their alleged involvement in a sweeping corruption scandal in the country's energy sector. Zelensky earlier called for the resignation of his Justice Minister German Galushchenko, who investigators alleged received "personal benefits" in the scheme, as well as Energy Minister Svitlana Grynchuk.

Back on track: Belgian-Dutch firm rescues Berlin to Paris sleeper train
Back on track: Belgian-Dutch firm rescues Berlin to Paris sleeper train
Economy

Railway fans devastated by the scrapping of a much-heralded Berlin to Paris night train can breathe again after a Belgian-Dutch cooperative stepped in Wednesday to keep the service going. But Belgian-Dutch European Sleeper, a cooperative, said it would launch a train three times weekly between the French and German capitals from March 26, 2026.

German experts slam spending plans, cut GDP forecast
German experts slam spending plans, cut GDP forecast
Economy

Germany is using a massive fund for the wrong purposes and it risks providing just a minor boost to the struggling economy, experts warned Wednesday, as they cut their 2026 growth forecast. There had been hopes the extra spending could provide a big boost to the economy, but the economic advisers warned this was unlikely in view of current plans.

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