Smaller-than-expected Turkey rate hike hits lira, bonds
LONDON Turkey's new central bank governor Hafize Gaye Erkan delivered a smaller-than-expected interest rate hike at her first
2023-06-22 19:53
Texas Senate votes to bar Sen. Angela Paxton from voting in husband's impeachment trial
State Sen. Angela Paxton, the wife of embattled Texas Attorney General Ken Paxton, will no longer be allowed to vote in her husband's upcoming impeachment proceedings as a result of new rules the state Senate approved Wednesday night.
2023-06-22 19:52
Turkey delivers 650-bp rate hike to 15% but still underwhelms
ISTANBUL Turkey's central bank hiked its key interest rate by 650 basis points to 15% on Thursday in
2023-06-22 19:29
Turkey hikes interest rates to 15% as Erdogan reverses policy on fighting inflation
Turkey's central bank hiked interest rates to 15% from 8.5% Thursday in a dramatic reversal of its unorthodox policy of cutting the cost of borrowing to tame painfully high inflation.
2023-06-22 19:21
Europe’s Inflation Retreat to Be Hindered by Cheap German Travel
Germany’s rollout of ultra-cheap public transport last summer is set to reverberate through its upcoming inflation readings, causing
2023-06-22 17:50
Zambian Currency and Eurobonds Rally on Bets of Debt Revamp Deal
Zambia’s currency and dollar bonds traded near multi-month highs, having chalked up double-digit gains so far this month
2023-06-22 17:45
Nvidia Surge Fails to Rub Off on Those It Needs Most
While Nvidia Corp. shares have roughly tripled this year, those that the company relies on to produce the
2023-06-22 17:45
Thailand to Tighten Listing Rules as Stocks Whacked by Scams
Thailand plans to tighten listing rules as a major accounting scandal, debt defaults and unexplained share gyrations rattle
2023-06-22 17:29
Norway Raises Rate by Half Point to Ramp up Inflation Fight
Norway’s central bank accelerated interest-rate increases and pledged more aggressive tightening, intensifying its response to stubborn inflation and
2023-06-22 17:23
Samurai Bond Market Lures EDF With Busiest Start in Five Years
Dovish Bank of Japan monetary policy is fueling the busiest start to issuance in Japan’s domestic bond market
2023-06-22 17:17
Indonesia, Philippine Stand Pat Amid Easing Price Pressures
Central banks in Indonesia and the Philippines kept borrowing costs unchanged as expected, with both signaling rates will
2023-06-22 17:17
China’s Cnooc Plans Offshore Oil, Gas Exploration in Tanzania
China’s Cnooc Ltd. is planning offshore oil and gas exploration with state-owned Tanzania Petroleum Development Corp. as the
2023-06-22 16:54