Emerging-Market Credit Risk Jumps as Hawkish Tilt Hits Bonds
The emerging-market selloff that started in equities and spread to currencies this month has now gripped bonds, as
2023-08-17 20:52
India Seeks to Carve Out $12 Billion to Cool Inflation
Indian officials are considering a plan to reallocate as much as 1 trillion rupees ($12 billion) from the
2023-08-17 19:54
China Told State Banks to Escalate Yuan Intervention
Chinese authorities told state-owned banks to step up intervention in the currency market this week, in a push
2023-08-17 19:21
Cnooc First-Half Profit Slides as Weaker Oil Prices Hit Driller
Cnooc Ltd. said its first-half profit declined as oil prices slumped over concerns about global growth, including China’s
2023-08-17 18:45
Malaysia Property Sales Jump 120%, Masking Pile of Unsold Assets
Malaysian property sales more than doubled in the first half and are poised to surpass 2019 levels, adding
2023-08-17 18:24
South Africa Sees Deal With China to Secure Solar Panel Supply
South Africa’s electricity minister said he expects to seal a deal with the Chinese government next week that
2023-08-17 17:51
Global Yields March to 15-Year Highs as Rate-Hike Worries Build
Global government bond yields extended their climb to the highest levels since the financial crisis as resilient economic
2023-08-17 17:17
Philippines Leaves Key Rate Steady as it Keeps Hawkish Bias
The Philippine central bank left its benchmark interest rate unchanged for a third straight meeting as the economy
2023-08-17 16:58
Adyen Plunges 23% as Record Low Sales Growth Disappoints
Adyen NV’s shares plunged after increased competition in North America contributed to the slowest revenue growth since its
2023-08-17 16:45
Norway Raises Key Rate and Signals Last Hike in September
Norway’s central bank raised borrowing costs to the highest level since the 2008 financial crisis and signaled it
2023-08-17 16:20
Milei Promises Argentina Can Be Saved With Libertarian Economics
Self-described libertarians seem to pop up in political circles in every corner of the globe. But few mean
2023-08-17 16:19
Australia’s No. 2 Pension Says Rates May Be High Until 2025
Australia’s second-largest pension fund said the nation’s borrowing costs could stay elevated until as late as 2025, arguing
2023-08-17 14:18