ECB to Bring Rates to 4% Peak in September, Economists Say
The European Central Bank will boost borrowing costs to a peak of 4% in September, according to a
2023-07-17 12:19
India, Indonesia Plan Local Currency Trade, Fast Payments Links
Indonesia and India are planning to settle bilateral transactions in local currencies and link up their fast payments
2023-07-17 11:25
China’s Economic Recovery Loses Steam as GDP Disappoints
China’s economy grew slower than expected in the second quarter, with consumer spending easing notably in June, sending
2023-07-17 10:19
Philippine Central Bank Chief Keeps Door Open to Rate Tightening
Philippine central bank Governor Eli Remolona signaled further monetary policy tightening is still on the table for the
2023-07-17 09:56
UK Property Sellers Cut Asking Prices for First Time This Year
UK property sellers cut their asking prices for the first time this year, an indication that a sharp
2023-07-17 07:50
Asia Stocks to Struggle as Inflation Doubts Linger: Markets Wrap
Asian shares face headwinds Monday after the rally in US bonds and stocks hit a wall Friday amid
2023-07-17 06:54
Dollar’s Busted Bull Run Has Doomsayers Calling End of an Era
It just may have been the week that broke the dollar. The greenback’s worst slump since November has
2023-07-16 22:28
Window Opens for Frozen High-Yield Emerging-Market Dollar Deals
The waiting game for some of the riskier emerging-market borrowers is coming to an end. With higher interest
2023-07-16 20:53
Turkey Hikes Fuel Tax by 200% to Finance Earthquake Damages
Turkey boosted its fuel taxes by almost 200% on Sunday, a move that will magnify inflationary pressures and
2023-07-16 17:21
Keir Starmer Promises Spending Restraint if Elected
The leader of the UK’s political opposition promised his party would avoid large government spending increases to ensure
2023-07-16 16:50
Pound Bulls Face Reckoning After Currency’s Best Week This Year
Traders who drove the pound to its best week of the year have a lot riding on the
2023-07-16 15:17
Can Kerry Reset US-China Climate Talks?: Sunday Asia Briefing
As temperatures soar around the world, US Climate Envoy John Kerry arrives in China today for three days
2023-07-16 14:55