China Sprints Ahead in Race to Modernize Global Money Flows
A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is
2023-08-09 12:22
Shares in Asia Fall as Data Shows China Deflation: Markets Wrap
Stocks in Asia fell Wednesday as investors digested consumer and producer price data from China that showed both
2023-08-09 10:15
China Slides Into Deflation as Consumer, Producer Prices Decline
China’s consumer and producer prices both declined in July from a year ago, a sign of deflation pressure
2023-08-09 09:51
Chile’s Inflation Eases Less Than Forecast as Big Interest Rate Cuts Start
Chile’s annual inflation eased broadly in line with forecasts in July, a month that ended with the central
2023-08-08 21:58
Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:49
Citi’s Montagu Says US Stocks Can Rise as Positioning Risk Drops
The “orderly” pullback in US stocks last week has reduced the risk of a chaotic selloff and set
2023-08-08 15:46
China Stocks in Hong Kong Drop During Growing Economic Strains
Chinese stocks in Hong Kong tumbled as disappointing trade data added to investor concerns about the strength of
2023-08-08 14:17
Myanmar Tightens FX Rules for Companies to Curb Black Market
Myanmar toughened its rules on the purchase of foreign exchange by importers and exporters as the nation seeks
2023-08-08 11:49
Australian Consumer Sentiment Slips as Price Pressures Mount
Australia’s consumer confidence slipped further into “deeply pessimistic” territory as elevated inflation combined with high interest rates intensifies
2023-08-08 09:00
Japan Wage Growth Slows, Backing BOJ Ultra-Easy Policy Case
Growth in Japanese workers’ wages unexpectedly slowed in June, indicating the labor market may be losing some steam
2023-08-08 08:46
Moody’s Has More Gloomy View on US Banks Amid Several Strains
US banks including Capital One, PNC Financial Services Group and Fifth Third Bancorp had their debt-rating outlooks cut
2023-08-08 08:18
Australia Needs to Boost Sustainable Financing for Net Zero Goal
Australia will need to “substantially” boost financing for sustainable projects if the nation is to decarbonize its economy
2023-08-08 07:29