Inventor of ‘Balance-Sheet Recession’ Says China Is Now in One
China is falling into a “balance-sheet recession” and needs to ramp up fiscal stimulus quickly to address the
2023-06-30 06:56
Asia Stocks Set for Muted Open After Bond Selloff: Markets Wrap
Asian stocks were set for a mixed open to the last day of the quarter on Friday following
2023-06-30 06:52
ECB Hiking Critics Keep Up Political Heat From Portugal to Italy
Criticism of European Central Bank monetary tightening is persisting, with a new round of attacks on Thursday from
2023-06-29 21:28
Riksbank Extends Tightening as Krona Weakness Fuels Prices
Sweden’s Riksbank raised borrowing costs and pledged accelerated bond sales, a response to stubborn inflation and a weak
2023-06-29 18:55
Big China Stimulus Isn’t Coming, Former IMF Official Says
China will likely disappoint those hoping the government will roll out massive stimulus to shore up the weakening
2023-06-29 14:52
Hong Kong Tycoons to Sell $8.4 Billion in Assets to Cut Debt
Swire Pacific Ltd. has become the second notable Hong Kong company to announce plans to offload assets in
2023-06-29 11:49
China Needs Stimulus and Clearer Rules, Ex-IMF Official Says
China needs to keep cutting rates, roll out more stimulus and clarify the role it wants the private
2023-06-29 11:23
China’s Arsenal of FX Support Is Ready as Yuan Pessimism Lingers
China may need to dig deeper into its policy kit to arrest a slide in the yuan, if
2023-06-29 10:49
China Resumes Yuan Support With Stronger-Than-Expected Fixing
China stepped in to support the yuan for a third time this week, once again signaling a limit
2023-06-29 10:25
Australian Retail Sales Exceed Forecasts as Spending Resilient
Australian retail sales climbed more than expected in May, suggesting that household spending remains resilient in the face
2023-06-29 10:21
Ueda Says More Confidence in 2024 Prices Needed For BOJ Shift
Bank of Japan Governor Kazuo Ueda suggested it’s possible to start normalizing monetary policy if the BOJ becomes
2023-06-29 10:18
Romanian Leu Poised to Gain on Inflows From $1.9 Billion IPO
Hundreds of millions of euros heading into Romania during a major share offering are set to add pressure
2023-06-29 10:18
