US Consumers Lose Steam, Setting Economy Up for Sharp Slowdown
US consumer spending — the economy’s main engine — has lost steam for most of this year, portending
2023-07-01 01:51
Marcos Faces Philippine Growth, Investment Tests in Second Year
Philippine President Ferdinand Marcos Jr. marks his first year in office with resilient growth and improving business sentiment
2023-06-30 11:53
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:23
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
2023-06-30 09:49
Inventor of ‘Balance-Sheet Recession’ Says China Is Now in One
China is falling into a “balance-sheet recession” and needs to ramp up fiscal stimulus quickly to address the
2023-06-30 06:56
Chinese Are Becoming More Pessimistic About Incomes and Housing
More Chinese are seeing their incomes dropping now and expect housing prices to fall in the coming three
2023-06-29 18:27
Spanish Inflation Is Now Under 2% ECB Goal at a Two-Year Low
Spanish inflation slowed to below the 2% level targeted by the European Central Bank, a small victory for
2023-06-29 17:45
Powell Says Two or More Hikes Likely Needed to Cool Inflation
Federal Reserve Chair Jerome Powell said at least two interest-rate increases are likely necessary this year to bring
2023-06-29 14:55
Big China Stimulus Isn’t Coming, Former IMF Official Says
China will likely disappoint those hoping the government will roll out massive stimulus to shore up the weakening
2023-06-29 14:52
China’s Arsenal of FX Support Is Ready as Yuan Pessimism Lingers
China may need to dig deeper into its policy kit to arrest a slide in the yuan, if
2023-06-29 10:49
China Resumes Yuan Support With Stronger-Than-Expected Fixing
China stepped in to support the yuan for a third time this week, once again signaling a limit
2023-06-29 10:25
Vietnam Economy Grows Better Than Estimated in Second Quarter
Vietnam’s economy grew better-than-expected in the second quarter, showing the trade-reliant nation still has momentum despite slowing global
2023-06-29 10:24