Singapore Bids Libor Farewell With Surge in SORA Derivatives
Singapore’s financial markets have rapidly switched to a new lending benchmark as the city-state joins the world in
2023-06-30 11:48
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:23
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:19
Yen Weakens to 145 Per Dollar, Nears 2022 Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:47
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
2023-06-30 09:49
India’s HDFC Vaults Into Ranks of World’s Most Valuable Banks
A homegrown Indian company will for the first time rank among the world’s most valuable banks after completing
2023-06-30 09:45
The Three Biggest Letters in Carbon Removal Are MRV
Last year, a group of Norwegian auditors touched down in a remote corner of Iceland to meet with
2023-06-30 09:28
Far-right parties on the rise across Europe
Success in Germany and Greece boosts hard-right parties; now they are eying Spanish elections.
2023-06-30 08:53
Meituan Joins AI Race by Buying Co-Founder’s Months-Old Firm
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-30 08:45
Tokyo Inflation Speeds Up Again as Japan Production Sputters
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations
2023-06-30 08:22
Inventor of ‘Balance-Sheet Recession’ Says China Is Now in One
China is falling into a “balance-sheet recession” and needs to ramp up fiscal stimulus quickly to address the
2023-06-30 06:56
Asia Stocks Set for Muted Open After Bond Selloff: Markets Wrap
Asian stocks were set for a mixed open to the last day of the quarter on Friday following
2023-06-30 06:52