Japan Insurers Cut Hedging by Most in Decade Amid Weak Yen
Japanese life insurers have cut currency hedging by the most in more than a decade, signaling receding concern
2023-12-01 14:22
Yen’s Plunge Is a Blessing and a Curse for People in South Korea
South Koreans are celebrating after the yen fell to its lowest level against the won in 15 years.
2023-12-01 06:24
Turkish Economic Downshift Worse Than Forecast After Rate Hikes
Turkey’s economy cooled last quarter as the central bank moved to tighten monetary policy after May elections, a
2023-11-30 16:20
Dollar Drops to Near Four-Month Low on Bets of Fed Rate Cuts
The dollar slid to the weakest level since early August as swap traders ramp up bets the Federal
2023-11-29 11:24
Yuan’s Recovery Gains Momentum as Seasonal Tailwind Kicks In
China’s yuan is set to be boosted by year-end tailwinds and by speculation its recent rebound will encourage
2023-11-27 08:28
Israel’s $48 Billion War Bill Leaves It at Mercy of Bond Markets
When a team of Israeli technocrats that calls itself the “government’s CFO” scans the battlefield with the war
2023-11-23 12:25
Turkey Poised for Rate Milestone If It Hikes Past 36%
Turkey is turning another corner in ending an era of ultra-loose monetary policy. The central bank will likely
2023-11-23 11:16
China and Saudi Arabia Sign Currency Swap Worth $7 Billion
China and Saudi Arabia signed a local-currency swap agreement worth around $7 billion, deepening their ties as countries
2023-11-21 13:55
China’s Yuan Rises Above PBOC’s Fix for First Time Since July
China’s yuan strengthened beyond its daily reference exchange rate for the first time in four months, getting some
2023-11-21 10:24
Milei’s Dollarization Gets First Test as Argentine Banks Reopen
Javier Milei couldn’t have hoped for a better reception from investors on his first day as Argentina’s president-elect.
2023-11-21 07:48
Wharton Professor Turned Israel Central Banker Gets Another Term
Israeli central bank Governor Amir Yaron is set for another five-year term after finally winning the backing of
2023-11-20 22:45
Argentina Investors Cheer Milei Victory, Brace for Peso Selloff
Argentina investors cheered libertarian economist Javier Milei’s bigger-than-expected win in Sunday’s presidential vote and his pledges to usher
2023-11-20 10:56