Latin American FX Shines as Emerging Europe Misses Out
A gauge of developing-market currencies posted its best week since July, with gains in Latin America high-yielders overshadowing
2023-09-16 05:24
US Economic Reports on Jobs, Inflation Would Be Delayed in Shutdown
A range of US economic reports are set to be delayed in an impending shutdown of the federal
2023-09-16 01:46
Chinese Developer Sino-Ocean Suspends Offshore Debt Payments
Chinese state-linked developer Sino-Ocean Group Holding Ltd. has suspended payment on all its offshore borrowings, citing tight liquidity,
2023-09-15 16:52
Peru Joins Regional Trend With First Interest Rate Cut Since the Pandemic
Peru cut interest rates for the first time since the Covid-19 pandemic, joining a regional trend as inflation
2023-09-15 07:59
Sweden Inflation Eases More Than Expected as Rates Near Peak
Sweden’s core inflation rate declined more than expected in August, providing some relief to the country’s central bank
2023-09-14 15:47
Euro Zone Began Second Half of 2023 With Slump in Factory Output
The euro area began the second half of the year with a monthly slump in industrial production, adding
2023-09-13 17:46
Kazakh Elites Get Ultimatum: Invest at Home or Face Scrutiny
Kazakh business elites who haven’t revealed the source of their wealth and those with money stashed abroad have
2023-09-13 16:53
Zara Owner Inditex’s Sales Growth Eases After Strong Run
Inditex SA reported a slight slowdown in revenue growth at the start of this quarter, taking the luster
2023-09-13 16:47
Traders Lift Bets on ECB Rate Hikes on Worries Over 3% Inflation
Traders ramped up wagers that the European Central Bank will deliver a quarter-point interest-rate hike amid growing concerns
2023-09-13 16:24
It’s Not Just the US Dollar. China Supports Yuan Against 23 Other Currencies.
China’s struggle with a weak yuan extends far beyond how it trades against the dollar. The People’s Bank
2023-09-13 15:58
Britain’s Economy Shrinks at Quickest Pace in Seven Months
The UK economy shrank at the quickest pace in seven months as wet weather held back spending and
2023-09-13 15:23
RBNZ and New Zealand Treasury At Odds Over Double-Dip Recession
New Zealand’s central bank and Treasury Department are at odds over whether the nation needs another recession to
2023-09-13 08:53