US Treasury Secretary Yellen Sees Lower US Recession Risk, Says Consumer Slowdown Needed
Treasury Secretary Janet Yellen sees diminishing risk for the US to fall into recession, and suggested that a
2023-06-23 20:57
BofA Says Investors Are Fleeing Tech Stocks After ‘Baby Bubble’
There are early signs of investors fleeing from tech stocks after 1999-like rally formed a “baby bubble,” according
2023-06-23 19:49
Ex-BIS Official Remolona Is Next Philippine Central Bank Chief
The Philippines has tapped Eli Remolona, a member of the central bank’s policymaking board, to head the monetary
2023-06-23 18:27
Euro-Zone Activity Almost Stalls as Recession Rebound Fades
Economic momentum in the euro area almost came to a halt in June, signaling an end to the
2023-06-23 16:25
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:24
Lira Extends Slump as Simsek Emphasizes Free Market Principles
Turkey’s lira extended its slide from Thursday after Treasury and Finance Minister Mehmet Simsek emphasized that he favors
2023-06-23 15:18
Japanese Stocks Fall, Nikkei 225 Snaps 10-Week Winning Streak
Japanese stocks fell as some of the best-performing shares this year led losses amid expectations domestic pension funds
2023-06-23 14:58
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent
2023-06-23 14:54
A 99% Stock Crash and Shock Default Raise Alarm in Thailand
Only a year ago Stark Corp. looked like a Thai corporate success story. Backed by a wealthy local
2023-06-23 14:18
Stubborn UK Inflation Triggers a Mortgage Crisis for Millions
Britain’s mortgage market has become a horror show for borrowers and the government as soaring interest rates threaten
2023-06-23 12:24
South Korea’s $1.9 Trillion Stock Market Has to Wait Longer to Enter MSCI’s Big Leagues
Global index provider MSCI Inc. decided to retain South Korea on its list of emerging markets following an
2023-06-23 10:45
Philippine Central Banker Signals 2023 Pause as Term Nears End
The Philippine central bank will probably keep its benchmark interest rate steady for the rest of the year
2023-06-23 10:26