China Warnings Flash Across Global Markets as Growth Disappoints
China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity
2023-05-25 15:51
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:58
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
2023-05-25 14:28
Singapore Dollar at Record High Versus Ringgit on China Worries
The Singaporean dollar surged to the strongest level on record against the Malaysian ringgit, with the latter suffering
2023-05-25 14:26
Pakistan Growth Slows Sharply as Economic Challenges Mount
Pakistan’s economic growth slowed sharply to one of the lowest levels in its history as its woes intensify
2023-05-25 13:25
McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to
2023-05-25 11:15
Bank of Korea Holds Rate, Lowers Growth View as Risks Mount
The Bank of Korea left its policy rate unchanged for a third straight meeting and lowered its growth
2023-05-25 10:24
Singapore Sees Travel Boom Shielding Economy From Recession
Singapore is confident that a rebound in travel that’s boosting the services sector will help the island’s economy
2023-05-25 09:59
US AAA Credit Rating May Be Cut by Fitch on Debt-Limit Impasse
Fitch Ratings said it may downgrade US credit ratings to reflect the worsening political partisanship that’s preventing a
2023-05-25 07:57
Nasdaq Futures Jump on Nvidia; Yen Rises on Fitch: Markets Wrap
US stock futures opened higher at the start of Asian trading on Thursday as risk sentiment turned positive
2023-05-25 07:28
Fed Signals Readiness to Act in Case of Debt-Limit Instability
Federal Reserve policymakers suggested that they viewed with concern the partisan standoff over the debt limit, with “a
2023-05-25 03:50
Argentina to Restrict FX Access for Oil Companies’ Imports
Argentina’s government will tighten access to the foreign exchange market for oil companies that need to import amid
2023-05-25 02:23