Japanese Economy Recovers Prepandemic Size With 2.2% Growth
TOKYO—Japan’s economy recovered its prepandemic size in the April-June quarter thanks to strong consumer spending and higher exports, but inflation...
Trade
Russia, Ukraine Clear Way for Grain Exports to Resume Amid Fears of Global Food Crisis
ISTANBUL—Russia and Ukraine agreed Friday to resume exports of millions of tons of Ukrainian grain via the Black Sea for...
Russia’s Central Bank Slashes Rates, Sees Smaller Hit From Sanctions
Russia’s central bank Friday lowered its key interest rate below its prewar level, and said it expects the economy to...
Manufacturers Brace for Nord Stream Repairs, Fearing Pipeline Won’t Reopen
PARIS—European manufacturers are preparing for possible natural-gas rationing that would force them to shut production amid fears that Russia is...
Janet Yellen and China’s Top Trade Negotiator Discuss Tariffs on Call
HONG KONG—Chinese Vice Premier Liu He and U.S. Treasury Secretary Janet Yellen spoke by videoconference about topics including American tariffs...
Economy Week Ahead: Focus on Hiring, Fed Minutes and Trade
TuesdayNew orders for manufactured goods have continuously increased since last September amid persistent supply-chain disruptions and a robust demand for...
U.S. Push for Exceptions in Europe’s Sanctions on Russian Oil Gains Traction
A U.S. push to pare back one of the European Union’s sanctions on Russian oil has tentatively started to gain...
Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe
BERLIN—Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step...
WSJ News Exclusive | Lawmakers Make Bipartisan Push for New Government Powers to Block U.S. Investments in China
Congress is pressing ahead with legislation that could rewrite the rules for American companies investing abroad, proposing the screening of...
WSJ News Exclusive | Business Losses From Russia Top $59 Billion as Sanctions Hit
Global companies have racked up more than $59 billion in losses from their Russian operations, with more financial pain to...
U.S. Imports Slowed in April, Shrinking Trade Deficit From Record
WASHINGTON—The U.S. trade deficit narrowed in April as imports fell sharply, reflecting a moderating appetite for foreign goods and materials...
Economy Week Ahead: Inflation in Focus
The U.S. consumer-price index for May is forecast to show inflation remained high. Photo: Spencer Platt/Getty Images U.S. and China...
Chevron CEO Sees Russian Oil Output Falling After Exit of Western Firms
Russia is still finding a home for much of its oil despite expanding sanctions, but its production likely will diminish...
U.S. Launches Initiatives to Boost Economic Ties With Taiwan
WASHINGTON—Amid growing tensions with China, the Biden administration is forging closer economic ties with Taiwan in areas including trade, supply...
Why It’s So Hard to Keep Russian Diamonds and Gold Out of the U.S. Despite Sanctions
Russian gold and diamonds could still be sold in the U.S. despite being sanctioned, lawmakers and industry participants say, unless...
EU Proposes Ban on Russian Oil Imports
BRUSSELS—The European Union proposed a ban on imports of Russian crude oil within six months and on refined oil products...
EU Prepares Ban on Russian Oil
The European Union is likely to propose ending purchases of Russian crude oil by the 27-country bloc before the end...
Sanctions Strand Thousands of Russia-Bound Luxury Cars
Some 8,000 luxury cars destined for Russia are parked at the Port of Zeebrugge in Belgium as authorities there try...
Russia Cuts Interest Rate as Financial System Stabilizes
Russia’s central bank cut its key interest rate following an unscheduled meeting of policy makers Friday, a sign that efforts to...
U.S. Takes First Enforcement Actions Against Alleged Violators of Russia Export Controls
WASHINGTON—The U.S. took its first actions Thursday to enforce sweeping restrictions on the export of technology and industrial goods to...
