Australia Saw Case to Hold Rate at 4.1% as ‘Stronger One’
Australia’s central bank said the case to leave interest rates unchanged this month was the “stronger one” following
2023-07-18 10:52
Evergrande Pushes Restructuring After Posting $81 Billion Loss
China Evergrande Group is seeking to complete one of the country’s biggest debt restructurings after posting a combined
2023-07-18 10:50
Asia Shares Mixed Amid Lingering China Concerns: Markets Wrap
Asian stocks traded mixed Tuesday as China’s sluggish economic recovery triggered growth forecast cuts and a warning from
2023-07-18 08:53
An $880 Billion Fund Is Shorting Japan’s Key Bonds In BOJ Bet
Brendan Murphy is shorting 10-year Japanese government bond futures on a wager that it’s only a matter of
2023-07-18 07:18
India, Indonesia Plan Local Currency Trade, Payments Links
Indonesia and India are planning to settle bilateral transactions in local currencies and link up their fast payments
2023-07-17 16:28
Gap Opens For Frozen High-Yield Emerging-Market Dollar Deals
The waiting game for some of the riskier emerging-market borrowers is coming to an end. With higher interest
2023-07-17 15:29
ECB to Bring Rates to 4% Peak in September, Economists Say
The European Central Bank will boost borrowing costs to a peak of 4% in September, according to a
2023-07-17 12:29
UK Economy Is Likely to Fall Further Behind Euro Area Next Year
Britain’s economic growth will fall further behind the euro area next year, and inflation will remain stubbornly high,
2023-07-17 12:17
China’s Economic Recovery Loses Steam as GDP Disappoints
China’s economy grew slower than expected in the second quarter, with consumer spending easing notably in June, sending
2023-07-17 10:16
Asia Stocks to Struggle as Inflation Doubts Linger: Markets Wrap
Asian shares face headwinds Monday after the rally in US bonds and stocks hit a wall Friday amid
2023-07-17 06:46
Dollar’s Busted Bull Run Has Doomsayers Calling End of an Era
It just may have been the week that broke the dollar. The greenback’s worst slump since November has
2023-07-16 22:24
Turkey Hikes Fuel Tax by 200% to Finance Earthquake Damages
Turkey boosted its fuel taxes by almost 200% on Sunday, a move that will magnify inflationary pressures and
2023-07-16 17:16