Turkey’s Runoff Election Has Investors Bracing for More Pain
Financial markets are signaling that more pain is to come in Turkey’s financial markets, as long-time leader President
2023-05-26 16:16
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
2023-05-26 15:25
Hungary Budget Overruns Are Becoming an Issue for Investors
Hungarian Prime Minister Viktor Orban’s government is pushing back against growing criticism over fiscal management that investors say
2023-05-26 14:51
UK Retail Sales Bounce Back More Than Expected After Wet March
UK retailers saw sales jump more than expected last month, recovering from heavy rain that kept people home
2023-05-26 14:19
Weak Rand, Government Missteps Deny South Africans Rates Relief
South Africa’s central bank is reluctant to pivot away from policy tightening after raising its benchmark interest rate
2023-05-26 13:55
Australia Retail Sales Flat as Higher Rates Drag on Spending
Australian retail sales were flat in April, ending a three-month streak of gains, suggesting consumers are reining in
2023-05-26 10:53
China’s Top Rating Firm Downgrades US in Echo of Global Rivalry
While the world’s major credit-rating agencies have held off downgrading the US as Washington barrels toward the fiscal
2023-05-26 10:49
Tokyo Inflation Slows, Supporting BOJ’s Price View for Now
Inflation in Tokyo slowed, supporting the Bank of Japan’s view that prices will likely slow toward the autumn,
2023-05-26 08:27
Lula Cuts Car Taxes in Bid to Revive Brazil’s Ailing Auto Sector
President Luiz Inacio Lula da Silva rolled out a series of tax breaks to make low-priced vehicles more
2023-05-26 02:47
Where’s the Great American Pay Raise? New Numbers Cast Doubt
US weekly wages fell in 2022, according to new Bureau of Labor Statistics figures, revealing widespread softness that
2023-05-26 02:20
Turkey Holds Rate Again With Lira Feeling Heat Before Runoff
Turkey’s central bank extended its interest-rate pause for a third month as it tries to keep the lira
2023-05-25 19:27
Bank Indonesia Holds Rate Steady Even as Risks to Rupiah Mount
Indonesia’s central bank held its benchmark interest rate for a fourth straight meeting, even as a deadlock in
2023-05-25 15:48