Money Funds See $5.5 Trillion Pile Growing as Tool Kit Expands
The US money-market industry, one of the big winners on Wall Street as the Federal Reserve hiked interest
2023-06-21 21:54
Junk Food, Sweet Drinks Are Philippines’ Next Tax Targets
The Philippines is pursuing plans to tax junk food and hike levies on sweetened beverages to boost revenue
2023-06-21 19:29
China Begins Nationwide Push to Reveal Hidden Government Debt
China has begun a fresh round of nationwide inspections to work out how much money local governments’ owe,
2023-06-21 19:21
BOE Seen Boosting Pace of Hikes After Shock Inflation Reading
Traders are betting the Bank of England will have to accelerate the pace of interest-rate hikes to get
2023-06-21 18:47
ECB’s Kazimir Says Core Inflation Must Be Tamed for Pause
The European Central Bank can only pause interest rate hikes at its September meeting if it’s certain that
2023-06-21 18:18
EU Sees Hurdles to Seizing €200 Billion in Russian Assets
The European Union has assessed that it can’t legally confiscate outright frozen Russian assets and instead is focusing
2023-06-21 17:59
Warnings of Mortgage Crisis Overblown, Says Top BOE Official
Most UK mortgage borrowers can cope at current interest rates and warnings of a housing crisis are overblown,
2023-06-21 15:53
UK Inflation Overshoots Again, Heaping Pressure on BOE
UK inflation remained higher than expected for a fourth month, ratcheting up pressure on the Bank of England
2023-06-21 14:47
Europe Car Sales Rise in May on Surging Demand for EVs
Auto sales in Europe continued their upward trajectory in May, rising for the 10th month in a row,
2023-06-21 14:23
China Stimulus Calls Mount From State Media, Top Advisers
Chinese policymakers are facing growing calls for economic stimulus, this time from several prominent state media and top
2023-06-21 13:50
Australia’s Home-Loan Market Is Resilient to RBA Hikes, S&P Says
Australia’s home-loan market can easily cope with another 50 basis points of interest-rate hikes without sparking a sharp
2023-06-21 11:50
Thai Coalition Says Nearing Senate Nod for Pita Premiership
A coalition of pro-democracy parties that swept Thailand’s general election last month said it is close to securing
2023-06-21 09:46