Lira Lifesaver Became $124 Billion Gamble That Now Haunts Turkey
As the lira was approaching a decade of continuous losses, Turkish policymakers hit on an idea that promised
2023-08-21 16:22
Bitcoin Extends Losses as Global Jump in Bond Yields Deters Dip Buying
Bitcoin added to losses racked up during the token’s worst week since November last year as the prospect
2023-08-21 16:17
Crest Nicholson Cuts Guidance as Mortgage Pain Persists
Crest Nicholson Holdings Plc cut its full-year outlook, saying trading conditions for the housing market worsened during the
2023-08-21 15:23
SBB CFO Quits in New Blow to Troubled Swedish Property Owner
SBB, the landlord at the center of Sweden’s property crisis, suffered yet another setback after its chief financial
2023-08-21 13:24
The Emerging Market Bloc That Wants to Shake Up the World Order
The world’s leading emerging market powers have complained for years about being sidelined by wealthy nations. Now they
2023-08-21 12:23
China Local Governments to Sell $206 Billion of Financing Debt
China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan
2023-08-21 11:22
Guatemalans Elect Anti-Graft Campaigner Arévalo in a Landslide
Anti-graft campaigner Bernardo Arévalo won Guatemala’s presidential election in a landslide after pledging to weed out the “systemic
2023-08-21 10:51
Chinese Banks Disappoint With Smaller Lending Rate Cuts
Chinese banks made a smaller-than-expected cut to their benchmark lending rate on Monday and avoided trimming the reference
2023-08-21 10:26
US Insurance Giant Marsh Set for $448 Million Honan Deal
Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to
2023-08-21 09:28
BOJ’s Record-Bond Buying Is Driving Need for Yield-Curve Tweaks
The Bank of Japan is purchasing government bonds at a record pace this year, a factor that likely
2023-08-21 09:20
Fed Can’t Celebrate Yet as Investors Expect Rates, Inflation to Remain Elevated
If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache,
2023-08-21 08:25
Argentina’s Massa Heads to US For Talks With IMF on Loans
Argentina’s economic minister and presidential candidate Sergio Massa will travel to the US on Monday for talks with
2023-08-21 08:18