Turkish State Banks Resume Supporting Lira as Rout Deepens
Turkey’s state-run banks re-entered the foreign-currency market on Monday, selling as much as $1 billion by midday to
2023-07-03 20:46
ECB’s Rate-Hiking Campaign Has ‘Some Way to Go,’ Nagel Says
The European Central Bank’s historic series of interest-rate increases isn’t finished yet as upside risks to the inflation
2023-07-03 20:17
Thai Stocks to Rebound on New Government Optimism, Analysts Say
Thailand’s stocks may rebound in the fourth quarter as the appointment of a new government will likely bolster
2023-07-03 18:19
Malaysia to Simplify Investment Bodies to Boost Ease of Business
Malaysia is working on streamlining the roles of its investment promotion agencies to improve the ease of doing
2023-07-03 18:17
Turkish Trade Gap Narrows in Reprieve for Thin Currency Reserves
Turkey’s trade deficit improved last month on a drop in energy imports, bringing some relief to foreign-currency demand
2023-07-03 17:50
European Stocks Extend First-Half Rally as Cyclicals Advance
European stocks extended gains on Monday, led by cyclical sectors, as signs of cooling US inflation fueled appetite
2023-07-03 15:51
Pakistan Inflation Eases in June Amid Record Interest Rates
Pakistan’s inflation eased in June for the first time in seven months as record borrowing costs dampened demand
2023-07-03 15:29
Swiss Inflation Returned Below SNB’s 2% Ceiling in June
Swiss inflation slowed to below the 2% ceiling targeted by the Swiss National Bank, offering limited reassurance to
2023-07-03 14:55
China May Have Turned to Another Old Tool to Help Bolster Yuan
The yuan spiked in opening trading Monday, in a hint that authorities may have taken another tool back
2023-07-03 13:52
Barbecue Index Shows South Africa’s Food Costs Are Rising Again
Food prices in South Africa are on a tear yet again, underscoring central bank Governor Lesetja Kganyago’s resolve
2023-07-03 12:27
ECB’s Kazimir Stands Trial in Slovakia on Bribery Charges
The corruption trial of European Central Bank Governing Council member Peter Kazimir begins Monday, threatening embarrassment to the
2023-07-03 12:26
Thai Parliament Convenes After Election to Kick Off PM Selection
Thailand’s parliament will convene for the first time after the May election, kicking off the process of government
2023-07-03 10:25