Soaring US Dollar Raises Alarm as China, Japan Escalate FX Pushback
A renewed advance in the dollar is sending Asian currencies to multi-month lows while prompting authorities in China
2023-09-06 12:17
Japan Warns on Yen After Currency Hits Fresh 10-Month Low
Japan issued its strongest warning over sharp currency movements in weeks after the yen set a fresh 10-month
2023-09-06 08:17
Chile Maps Out Interest Rate Cuts to 8% This Year After Paring Easing
Chile’s central bank slowed the pace of its easing cycle with an interest rate cut of 75 basis
2023-09-06 07:56
Fed’s Waller Says Central Bank Can ‘Proceed Carefully’ With Rate Hikes
Federal Reserve Governor Christopher Waller said policymakers can afford to “proceed carefully” with interest-rate increases given recent data
2023-09-05 22:53
China Slowdown Means It May Never Overtake US Economy, Forecast Shows
China is no longer set to eclipse the US as the world’s biggest economy soon, and it may
2023-09-05 15:56
Goldman Cuts US Recession Chances to 15% on Improved Inflation
Goldman Sachs Group Inc. now sees a 15% chance the US will slide into recession, down from 20%
2023-09-05 11:28
China Services Activity Eases in Knock to Recovery, Survey Shows
A private survey of China’s services sector showed activity expanded at the slowest rate this year in August,
2023-09-05 10:47
Korea’s Inflation Speeds Up, Keeping Door Open to Rate Hike
South Korea’s inflation outstripped forecasts in August partly on the back of higher energy costs, reinforcing the case
2023-09-05 08:49
Colombia Finance Ministry and Business Groups Make Rare Joint Plea for Interest Rate Cuts
Colombia’s Finance Ministry joined the nation’s top bankers and industrialists in calling for interest rate cuts to revive
2023-09-05 04:23
Israel Finally Strays From Fed, Holding Rate Despite Shekel Drop
Israel’s central bank kept interest rates unchanged on Monday, breaking with the US Federal Reserve’s last decision to
2023-09-04 23:55
Kazakh Central Banker Replaced by Top Presidential Official
Kazakh President Kassym-Jomart Tokayev dismissed Galymzhan Pirmatov as central bank governor and named Timur Suleimenov to replace the
2023-09-04 20:49
Japanese Women Are Missing Out on $760 Billion in Unpaid Wages
Japanese women are missing out on around ¥111 trillion ($761 billion) in pay for a range of household
2023-09-04 12:45