New Zealand: Economy slips into recession after interest rate hikes
The country's central bank has aggressively raised interest rates since October 2021.
2023-06-15 11:49
Canada Cuts Ties With Asian Infrastructure Bank on Claims of Chinese Interference
Prime Minister Justin Trudeau’s government stopped Canada’s work with the Asian Infrastructure Investment Bank while it investigates claims
2023-06-15 11:16
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:24
Stocks stall as US rates seen higher for longer
By Tom Westbrook SINGAPORE Asian stocks braked around two-month highs on Thursday, while the dollar nursed modest losses,
2023-06-15 10:21
IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen
The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout
2023-06-15 10:17
Goldman, Citigroup Begin Cutting About 35 Dealmakers Across Asia
Goldman Sachs Group Inc. and Citigroup Inc. are starting to cut another 35 investment-banking jobs across Asia this
2023-06-15 09:59
Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal
2023-06-15 08:15
Asia, US Stock Futures Climb After Fed Rate Pause: Markets Wrap
Stocks in Asia are poised for muted gains after US equities inched higher after the Federal Reserve paused
2023-06-15 06:53
Gulf Central Banks Hit Pause on Rate Hikes in Tandem With Fed
Central banks in the Gulf including Qatar and the United Arab Emirates followed the Federal Reserve’s decision to
2023-06-15 02:49
Used-Car Prices May Cool Off in Months Ahead, According to Industry Indicators
The jump in used-car costs that propped up US inflation last month is widely expected to swing into
2023-06-15 01:17
Pan-African Approach Needed to Ensure Food Security: New Economy
A pan-African approach is needed to solve the continent’s food-security dilemma given the high cost of developing agricultural
2023-06-14 23:16
Ghana’s Surprise Uptick in Inflation May See Rate Hikes Return
Ghana’s inflation rate unexpectedly rose in May, adding pressure on the central bank to resume rate hikes next
2023-06-14 18:28