Money Funds See $5.5 Trillion Pile Growing as Tool Kit Expands
The US money-market industry, one of the big winners on Wall Street as the Federal Reserve hiked interest
2023-06-21 21:54
Rakuten’s Rating Cut on Uncertainty About Mobile Business
Rakuten Group Inc.’s credit rating was cut by Japan Credit Rating Agency Ltd., citing uncertainty about the outlook
2023-06-21 21:26
Ghana Economy Expands 4.2% in First Quarter, Beats Estimates
Ghana’s economy grew faster than anticipated in the first quarter, driven by the services and agricultural sectors. Gross
2023-06-21 19:56
Junk Food, Sweet Drinks Are Philippines’ Next Tax Targets
The Philippines is pursuing plans to tax junk food and hike levies on sweetened beverages to boost revenue
2023-06-21 19:29
China Begins Nationwide Push to Reveal Hidden Government Debt
China has begun a fresh round of nationwide inspections to work out how much money local governments’ owe,
2023-06-21 19:21
BOE Seen Boosting Pace of Hikes After Shock Inflation Reading
Traders are betting the Bank of England will have to accelerate the pace of interest-rate hikes to get
2023-06-21 18:47
ECB’s Kazimir Says Core Inflation Must Be Tamed for Pause
The European Central Bank can only pause interest rate hikes at its September meeting if it’s certain that
2023-06-21 18:18
EU Sees Hurdles to Seizing €200 Billion in Russian Assets
The European Union has assessed that it can’t legally confiscate outright frozen Russian assets and instead is focusing
2023-06-21 17:59
Nomura and Mizuho Join Bullish Shift on Toyota as EV Fears Ease
Analysts are becoming more optimistic toward Toyota Motor Corp. as fears retreat that the world’s biggest automaker is
2023-06-21 17:50
Singapore Defends Climate Policy After Kempen ESG Exclusion
The government of Singapore has defended its commitment to climate action following a decision by Van Lanschot Kempen
2023-06-21 17:28
UK Bank Stocks ‘Back in Danger Zone’ as Rates Climb, Says Exane
British lenders are facing a “pain game” as interest rate hikes hurt the outlook for both loans and
2023-06-21 17:18
South African Consumer Inflation Slows to 13-Month Low in May
South African inflation slowed to a 13 month-low, easing pressure on the central bank to continue raising interest
2023-06-21 16:21