Argentina Seeks Bigger China Swap Line to Curb Peso Selloff
Argentina’s government is asking China for an expansion of its bilateral currency swap in yuan as it seeks
2023-05-25 12:17
Silicon Valley Bank: 500 jobs cut by new owner First Citizens
The move comes two months after SVB's collapse triggered fears of a banking crisis.
2023-05-25 11:22
Bank of Korea Holds Rate, Lowers Growth View as Risks Mount
The Bank of Korea left its policy rate unchanged for a third straight meeting and lowered its growth
2023-05-25 10:21
AI Frenzy Helps Asia Tech Exporters’ Shares Beat US Growth Woes
Investors are snapping up shares of Asia’s technology hardware exporters, bolstered by interest in artificial intelligence and signs
2023-05-25 09:27
Metals Markets Face Grueling Summer as Chinese Demand Falters
Big conferences often crystalize the prevailing sentiment in markets. So it’s probably no coincidence that copper has dived
2023-05-25 08:47
Biden Pressed to Limit Hydrogen Credits Key to New Industry
Some Senate Democrats are pushing the Biden administration to impose tough limits on hydrogen tax credits they say
2023-05-25 07:58
Xi Remade China's Tech Industry in His Own Image With Crackdown
Chinese leader Xi Jinping has used policy, capital and outright decree to mold the world's No. 2 economy
2023-05-25 07:19
DeSantis Joins 2024 Presidential Race Leaning on Culture Wars
Ron DeSantis officially launched his long-awaited 2024 presidential campaign Wednesday, signaling he will lean into culture war issues
2023-05-25 07:17
Bank Indonesia Likely to Pause as Rupiah Sees Renewed Pressure
Indonesia’s central bank is expected to keep its benchmark rate unchanged near a four-year high as economic growth
2023-05-25 06:26
Are investors finally nervous about the US debt ceiling?
US financial markets falter as debt ceiling talks continue. So is Wall Street getting nervous?
2023-05-25 03:50
Argentina to Restrict FX Access for Oil Companies’ Imports
Argentina’s government will tighten access to the foreign exchange market for oil companies that need to import amid
2023-05-25 02:25
Chile Central Bank Tightens Credit Conditions, Citing Higher Global Risk
Chile’s central bank raised capital requirements on financial institutions, tightening credit conditions amid concern over the risk a
2023-05-25 00:56