SVB Financial sues US FDIC to recover $1.93 billion
SVB Financial Group, which formerly owned bankrupt Silicon Valley Bank has sued the U.S. Federal Deposit Insurance (FDIC)Corporation
2023-07-10 11:57
Dollar softens, China's yuan draws support from stimulus hopes
By Rae Wee SINGAPORE The dollar was on the defensive on Monday as investors scaled back expectations over
2023-07-10 10:54
Asia shares edge higher, China disinflation a drag
By Wayne Cole SYDNEY Asian share markets edged cautiously higher on Monday as investors looked ahead to a
2023-07-10 10:17
China’s Inflation Rate Slows to Zero as Economic Woes Mount
China’s consumer inflation rate eased to zero in June while factory-gate prices fell further, underlining continued weakness in
2023-07-10 09:52
North Korea Threatens to Shoot Down US Spy Planes
North Korea accused US spy planes of violating its air space and threatened to shoot them down, ramping
2023-07-10 09:19
Oil eases ahead of China, US data, but OPEC+ cuts support market
By Florence Tan SINGAPORE Oil prices dipped in early Asian trade on Monday as investors tread cautiously ahead
2023-07-10 09:18
Rapid Descent in Ringgit Puts Malaysia’s Currency Stance to Test
The ringgit’s tumble toward a 24-year low is raising expectations that Bank Negara Malaysia will step in to
2023-07-10 08:17
Sovereign Investors Embrace Bonds and Gold, Invesco Survey Shows
The world’s sovereign investors are seeking to boost investment in bonds as yields rise, while a freeze on
2023-07-10 05:52
Marketmind: China inflation kicks off week with a bang
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-07-10 05:49
Yellen’s China Trip Offers Economic Guardrails in Tense Rivalry
Treasury Secretary Janet Yellen’s two-day engagement with top officials in Beijing offered a way for the US and
2023-07-10 05:18
Powell Haunted by Repo Crisis as Fed Aims to Cut Balance Sheet
Tucked away in hours of congressional testimony by Federal Reserve Chair Jerome Powell last month was an admission
2023-07-10 03:25
Yellen Says Still Too Early to Rule Out Risk of US Recession
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Treasury Secretary
2023-07-09 19:18