It’s that time of the year again – tax season, so don’t forget to fill out your return. It’s also the time of the year when the Hong Kong government decides on pay rises for its civil service staff of over 170,000. There’s a well-established system for deciding on pay rises. It includes the pay…
The federal government officially shut down Wednesday after lawmakers were unable to strike a deal on a funding bill, marking the nation’s first shutdown in nearly seven years. The last shutdown — which took place during President Donald Trump’s first term — lasted 35 days and furloughed about 380,000 federal workers. This time, the impact…
BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…