Incomplete Board Unanimously Decided on Philippine Rate Pause
The Philippine central bank’s monetary board only had four sitting members during Eli Remolona’s first interest-rate decision as
2023-08-18 16:20
China Steps Up Efforts to Stabilize Markets as Confidence Slumps
Chinese authorities have stepped up efforts in recent days to bolster financial markets in a sign that Beijing
2023-08-18 15:54
Kuwait Fund Names New Head of UK Arm Year After Ousting Ex-CEO
Kuwait’s $700 billion sovereign wealth fund appointed Abdulmohsin Al-Mukhaizeem as the permanent head of its London arm, just
2023-08-18 15:52
Analysis-Asia's refiners face profit crunch as Kuwait cuts crude exports
By Muyu Xu SINGAPORE Asian refiners are on the hunt for crude oil to replace Kuwaiti supply as
2023-08-18 15:25
Nomura Cuts China’s Growth Forecast to 4.6% on ‘Downward Spiral’
Nomura Holdings Inc. lowered this year’s growth forecast for China to 4.6% after weaker-than-expected data in July and
2023-08-18 14:50
ECB to write to Italy raising objections over windfall tax on banks - press
ROME The European Central Bank (ECB) is preparing to send a letter to Italy raising objections about the
2023-08-18 13:55
India Needs Major Reforms in Food Supply Management, Says RBI
India needs to adopt a sound policy on how to store perishables to shield the economy from repeated
2023-08-18 13:25
Malaysia’s Growth Misses Estimates Amid El Niño, Export Woes
Malaysia’s economic growth missed expectations in the second quarter of the year, expanding at the slowest pace in
2023-08-18 12:52
As Biden preps for Asian allies summit, Chinese tensions loom large
The Camp David invitation President Joe Biden extended to his Japanese and South Korean counterparts this week -- the first summit held at the legendary presidential retreat since 2015 -- was a significant show of camaraderie for two increasingly essential US allies.
2023-08-18 12:18
China’s State Developers Warn of Losses as Crisis Spreads
China’s state-owned property developers are warning of widespread losses, fueling concerns that the housing crisis is expanding from
2023-08-18 11:57
Dollar set for fifth winning week on Fed bets, PBOC supports yuan
By Kevin Buckland TOKYO The dollar headed for a fifth winning week versus major peers, the longest streak
2023-08-18 11:21
Paramount decides it won't sell majority stake in BET Media Group, source tells AP
BET won’t be sold after all: Paramount Global decided against selling the majority stake of the network
2023-08-18 10:48