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
Germany Loses Momentum as Services Slowdown Weighs on Economy
Germany’s economic activity lost much more momentum than anticipated in June, driven by a slowdown in services and
2023-06-23 15:48
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
Koreas Speed Up Drone Race After Unprecedented Incursions
As the two Koreas near the anniversary of the start of their conflict in 1950, both sides are
2023-06-23 13:17
China’s Chesir Eyes Merck KGaA’s €1 Billion Pigments Arm
Global New Material International Holdings Ltd., a Chinese colorant producer, is in talks on a potential acquisition of
2023-06-23 12:56
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
Asia Stocks Set for Mixed Open as Bond Yields Rise: Markets Wrap
Asian stocks were set for a mixed open after US equities struggled for direction throughout most of the
2023-06-23 07:26
Mexico Holds Key Interest Rate at 11.25% as Inflation Slows
Mexico kept borrowing costs unchanged for a second straight month as the central bank vows to maintain its
2023-06-23 04:25
Biden Says Dictator Remark About Xi Hasn’t Undermined Ties
President Joe Biden said his remarks referring to Chinese leader Xi Jinping as a dictator haven’t undermined efforts
2023-06-23 02:57
Fed’s Powell Says US May Need One or Two More Rate Hikes in 2023
Federal Reserve Chair Jerome Powell said returning US inflation to 2% is crucial to support the long-term health
2023-06-23 00:56
IMF Touts $100 Billion for Poorest, Zambia Deal: Paris Update
The International Monetary Fund confirmed rich countries have channeled $100 billion to finance lending for the world’s poorest
2023-06-22 22:19
Tina Turner hailed by costume designer for having ‘best body’ for her revealing stage outfits
After he made her iconic ‘Flame’ dress, fashion designer Bob Mackie has hailed Tina Turner for having the “best body” for her revealing stage outfits.
2023-06-22 21:26