Lagarde Policy Silence Keeps ECB Interest-Rate Debate Raging
Christine Lagarde’s avoidance of a clear signal of intent for European Central Bank policy has just thrown a
2023-08-28 16:50
China Stocks Rally on Market Support Measures; Global Funds Sell
Chinese stocks jumped after authorities boosted efforts to woo back investors to one of the world’s worst-performing equity
2023-08-28 14:52
New Zealand Cuts Spending Plans as Downturn Strains Budget
New Zealand’s government is tightening its belt as a domestic recession and concerns about China’s faltering economy erode
2023-08-28 14:25
Evergrande Delays Creditor Meetings on Restructuring Plans
China Evergrande Group delayed creditor meetings on its offshore-debt restructuring proposal just hours before they were to occur
2023-08-28 13:19
Argentina Lifts Wages, Welfare in Defiance of IMF Austerity Push
Argentina’s Economy Ministry announced measures to improve government workers’ salaries and funnel money toward retirees and poorer families,
2023-08-28 09:59
Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting
2023-08-28 08:46
Asia Stocks Set for Small Gains; Currencies Steady: Markets Wrap
Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal
2023-08-28 07:18
China’s Worsening Economic Slowdown Is Rippling Across the Globe
China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown
2023-08-28 05:59
At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained —
2023-08-28 04:50
Markets Brace for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates
2023-08-27 22:59
Twitchy Traders Have S&P 500 Comebacks Fizzling at Historic Pace
Surprised that the S&P 500 swung into the green Friday? Don’t worry. Just wait. It’ll fall again after
2023-08-27 22:24
Emerging-Market Funding Gets Creative as Dollar Bonds Dry Up
At the BRICS summit in Johannesburg this week, a key item on the agenda was reducing dollar dependence
2023-08-27 20:57