Mounting Union Wage Demands Risk Impeding Canada’s Inflation Fight
Wages negotiated by union workers in Canada are creeping higher, complicating the central bank’s bid to restore price
2023-08-18 20:18
Turkish Inflation Outlook at Its Worst in 21 Years on Weak Lira
Turkey’s inflation outlook is worsening due to a weak currency, with a key survey by the country’s central
2023-08-18 17:29
Incomplete Board Unanimously Decided on Philippine Rate Pause
The Philippine central bank’s monetary board only had four sitting members during Eli Remolona’s first interest-rate decision as
2023-08-18 16:20
China Steps Up Efforts to Stabilize Markets as Confidence Slumps
Chinese authorities have stepped up efforts in recent days to bolster financial markets in a sign that Beijing
2023-08-18 15:54
Kuwait Fund Names New Head of UK Arm Year After Ousting Ex-CEO
Kuwait’s $700 billion sovereign wealth fund appointed Abdulmohsin Al-Mukhaizeem as the permanent head of its London arm, just
2023-08-18 15:52
Nomura Cuts China’s Growth Forecast to 4.6% on ‘Downward Spiral’
Nomura Holdings Inc. lowered this year’s growth forecast for China to 4.6% after weaker-than-expected data in July and
2023-08-18 14:50
India Needs Major Reforms in Food Supply Management, Says RBI
India needs to adopt a sound policy on how to store perishables to shield the economy from repeated
2023-08-18 13:25
Malaysia’s Growth Misses Estimates Amid El Niño, Export Woes
Malaysia’s economic growth missed expectations in the second quarter of the year, expanding at the slowest pace in
2023-08-18 12:52
China’s State Developers Warn of Losses as Crisis Spreads
China’s state-owned property developers are warning of widespread losses, fueling concerns that the housing crisis is expanding from
2023-08-18 11:57
China Targets Yuan Bears With Most Forceful Fixing Guidance Ever
China delivered its strongest ever pushback against a weaker yuan via its daily reference rate, as it sought
2023-08-18 09:53
Japan Inflation Slows in Line With BOJ’s Cooling Price View
Japan’s consumer inflation slowed in July in line with the central bank’s view that price growth has peaked,
2023-08-18 07:45
Asia Stocks Set to Decline as Selloff Intensifies: Markets Wrap
Shares in Asia are poised to drop as investor concern that monetary policy makers may not be done
2023-08-18 06:58