Euro-Zone Crawl Toward 2% Inflation Keeps ECB in Rate-Hike Mode
Euro-zone inflation data next week will probably show frustratingly slow progress toward the European Central Bank’s 2% target,
2023-05-26 23:20
Yen at 140 Opens Door to More Weakness But Not Intervention This Time
The yen is close to hitting a bottom against the dollar, and is unlikely to weaken to levels
2023-05-26 17:55
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
2023-05-26 16:28
Market Optimism Over Debt Deal May Pave Way for Monday Selloff
Markets are largely in the green Friday but strategists warn there’s still a prospect US debt-ceiling negotiations break
2023-05-26 15:59
UK Retail Sales Bounce Back More Than Expected After Wet March
UK retailers saw sales jump more than expected last month, recovering from heavy rain that kept people home
2023-05-26 14:26
French Grocer Casino to Talk With Creditors as Conciliation Process Starts
Casino Guichard-Perrachon SA said it will start debt talks with creditors after a Paris court decided to open
2023-05-26 13:58
Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner
China’s central bank will likely cut the reserve requirement ratio for major banks earlier than expected as the
2023-05-26 13:52
China’s Top Rating Firm Downgrades US in Echo of Global Rivalry
While the world’s major credit-rating agencies have held off downgrading the US as Washington barrels toward the fiscal
2023-05-26 10:56
BOJ’s Ueda Says Wages Aren’t the Goal, Keeps Speculators in Dark
Bank of Japan Governor Kazuo Ueda indicated his desire to hold on to policy flexibility by playing down
2023-05-26 10:22
North Korea to Send More IT Workers Abroad to Fund Arms, US Says
North Korea is ramping up efforts to deploy information technology workers overseas as it increasingly relies on cyberattacks
2023-05-26 08:22
Debt Talk Progress, US Rally Support Asia Stocks: Markets Wrap
Asian stocks were likely to find some support from signs of progress in debt-ceiling talks and gains in
2023-05-26 07:52
Yen Weakens Past 140 Per Dollar as Traders See Another Fed Hike
The yen weakened beyond 140 per dollar for the first time since November as traders moved to price
2023-05-26 04:28