Talks continue to end strike at Canada's biggest railway as factories slow output
Talks to end a strike by thousands of workers at Canada's biggest railroad, Canadian National Railway Co., continued on Wednesday, as industrial plants slowed output of products cut off from their markets. About 3,000 unionized workers, including conductors and yardmen, hit picket lines on Tuesday ...
Hong Kong job market starts weakening as recession deepens and riots exact toll
After months of political protests and the onset of a recession, Hong Kong's resilient labor market is starting to crack. Retailers, restaurants and hotels are cutting wages and hours or letting staff go just to survive. An end to the city's record-low unemployment level is ...
The economy, billed by the government to still be in its longest-ever postwar boom cycle, is at a crossroads.
U.S. should suspend Hong Kong's special economic status if China army quells protests, panel says
The U.S. Congress should enact legislation that would suspend the special economic status Hong Kong enjoys under U.S. law should China deploy forces to crush protests in the territory, a congressional advisory body said on Thursday. The U.S.-China Economic and Security Review Commission (USCC), which ...
Lebanon's surging protests feared poised to take a dark turn after shooting death
For nearly a month, the popular protests engulfing Lebanon have been startlingly peaceful. But the shooting death of a 38-year-old father by a soldier, the first such fatality in the unrest, points to the dangerous, dark turn the country could be heading into. The protests ...
Wall St. higher as Fed chief Jerome Powell says U.S. economy is in 'good shape'
Wall Street's main indexes rose on Wednesday as Federal Reserve Chairman Jerome Powell said the domestic economy was in good shape and the central bank saw a "sustained expansion" ahead. This helped ease nerves on Wall Street, which opened lower after President Donald Trump on ...
Japan downgrades view of machinery orders after third consecutive monthly drop
Core private-sector machinery orders fell 2.9 percent in September, declining for the third month in a row and prompting the government to downgrade its assessment, Cabinet Office data showed Monday. Total orders fell 18.7 percent to ¥2.14 trillion, largely due to a significant drop in ...
The U.N. General Assembly voted overwhelmingly Thursday to condemn the American economic embargo of Cuba for the 28th year, rejecting U.S. criticism of human rights violations there and criticizing the Trump administration's increasingly tough enforcement measures. The vote in the 193-member world body was 187-3 ...
ECB and Japan linked by pitfalls of Abenomics
When Mario Draghi ended his term as European Central Bank president last week with a call for government policies to be "mutually aligned" with those of his institution, the message came with an unspoken caveat — it might not be enough. Japan has been attempting ...
Anti-government protesters in Iraq stormed a fourth bridge Wednesday in central Baghdad, where security forces pushed them back with batons and tear gas, wounding dozens, and a medic was killed near another bridge while aiding demonstrators. The military called on the protesters to stop blocking ...
Japan's September jobless rate worsens for first time in six months
Japan's unemployment rate rose 0.2 percentage point in September from a month earlier to 2.4 percent, worsening for the first time in six months and reflecting an increase in the number of people seeking jobs, government data showed Friday. The seasonally adjusted number of unemployed ...
The U.S. State Department warned on Thursday that it had seen indications of Russian "influence" on recent unrest in Chile, where two weeks of protests and riots have rocked the administration of President Sebastian Pinera. A senior State Department official said there were "clear indications" ...
