Argentina to Devalue Peso by 18% to 350 Per Dollar, Official Says
Argentina devalued the official peso about 18%, an admission by the government that it ran out of options
2023-08-14 22:48
Yuan Falls to Lowest Since November as Chinese Economy Sputters
China’s yuan fell to the weakest level since November after a series of disappointing economic figures added to
2023-08-14 21:28
Dog-Loving, Central-Bank-Hating Economist Upends Argentine Polls
Javier Milei began and ended his victory speech shouting “Long live freedom, dammit!” and proceeded to thank his
2023-08-14 21:18
China Passes Greece as Top Shipowning Nation by One Key Metric
China surpassed Greece as the world’s largest shipowner for the first time in one important metric, cementing its
2023-08-14 21:15
US Real Yields Near 14-Year High Spur Fresh Dollar Buying
Traders are betting that interest rates in the US will remain higher than inflation far into the future,
2023-08-14 20:48
India Inflation Breaches RBI Target in July as Food Costs Jump
Retail inflation in July breached the Reserve Bank of India’s tolerance level for the first time in five
2023-08-14 20:23
Sasol Slumps as It Flags Profit Hit From S. Africa Snarl-Ups
Sasol Ltd. shares dropped the most in five months after the fuels and chemicals producer said the poor
2023-08-14 19:21
Meloni Takes Ownership of Banks Levy That Showed Populist Bent
Giorgia Meloni assumed full responsibility for last week’s surprise decision to impose a 40% tax on Italian banks’
2023-08-14 18:58
Country Garden Aims to Extend Maturing Bond in First Amid Crisis
Country Garden Holdings Co. is seeking to extend a maturing bond for the first time ever and halted
2023-08-14 18:30
Italy’s Mount Etna Eruption Forces Closure of Catania Airport
Mount Etna, one of world’s most active volcanoes, started erupting on Sunday forcing a suspension of flights at
2023-08-14 17:49
Heat Builds in Germany This Week as Iberia Finally Gets Cooler
Large parts of Germany will be hotter than normal through this week, driving up energy demand for cooling
2023-08-14 16:15
Shanghai Police Detain Woman Over Alleged Forex Crimes
Shanghai police have detained five people for illegal trading of foreign exchange, state media reported Thursday without giving
2023-08-14 15:57