Modi’s Push to Take Indian Rupee Global Gets Off to a Slow Start
India’s year-old campaign to boost the rupee’s role in cross-border payments has made little headway, according to people
2023-07-07 08:48
Asia Equities Primed for Losses After Yields Spike: Markets Wrap
Futures for Asian share markets pointed to declines Friday after surprisingly strong private hiring data in the US
2023-07-07 07:29
India-Dominated Clearing Union Moves Toward Rupee Settlement
Nine central banks linked to a South Asia-focused clearing house have reached a consensus to settle trade in
2023-07-06 19:52
Traders Lift Bets on BOE Hiking Interest Rate to 6.5% by March
Bets on the trajectory of the Bank of England’s key interest rate surged to the highest level in
2023-07-06 16:15
Germany Factory Orders Jump as Economy Recovers From Recession
German factory orders rebounded in May, a sign the manufacturing slump may be easing as Europe’s biggest economy
2023-07-06 14:26
Sri Lanka Cuts Rate for Second Time as Inflation Halves
Sri Lanka cut its benchmark rate for the second consecutive meeting as faster disinflation gave policymakers the space
2023-07-06 10:26
Emerging Asia Bonds, Currencies Have Lost Their Traditional Link
Asia’s emerging-market currencies are losing their traditional close relationship to local bonds as falling hedging costs means more
2023-07-06 08:46
Revolving Door of Leaders Sinks Once-Hot Malaysian Markets, Tests Anwar
Malaysia’s markets once marched to the tune of a government that stayed in power for six decades. A
2023-07-06 08:46
Mexico’s Viva Signs Preliminary Deal for 90 Airbus A321 Jets
Mexico’s Grupo Viva Aerobus SAB signed a preliminary order for 90 Airbus SE A321 jets as the carrier
2023-07-06 08:28
Asia Stocks to Fall as Fed Minutes Show Hike Bias: Markets Wrap
Shares in Asia were poised for declines Thursday after Wall Street closed lower on hawkish signals from the
2023-07-06 07:18
China Has Ample Tools Even in ‘Panic’ Yuan Drop, PBOC Paper Says
China has ample tools to stabilize the foreign-exchange market even if the yuan enters a “panic” slide, according
2023-07-06 06:26
Fed Minutes Reveal Divisions Over Decision to Pause in June
Federal Reserve officials were less united at their June meeting than their unanimous decision suggested, as some favored
2023-07-06 02:21