Lira Lifesaver Became $124 Billion Gamble That Now Haunts Turkey
As the lira was approaching a decade of continuous losses, Turkish policymakers hit on an idea that promised
2023-08-21 16:22
Malaysia’s Anwar Weighs Suing Goldman Sachs Over 1MDB, CNBC Reports
Prime Minister Anwar Ibrahim said he may consider a lawsuit against Goldman Sachs Group Inc. over its role
2023-08-21 14:50
Rupee Outperforms EM Asia Peers Even as It Nears Record Low
The Indian rupee is within a whisker of a record low, but it’s still a favored emerging-market currency
2023-08-21 13:57
How hedge funds are positioning themselves for a soft landing
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON Bond, stock and currency market bears with portfolios designed
2023-08-21 13:29
Summer of angst as bond yields surge and global stocks wobble
Cracks are forming in a global stocks rally, with surging bond yields, rising energy prices and intensified worries
2023-08-21 13:15
The Emerging Market Bloc That Wants to Shake Up the World Order
The world’s leading emerging market powers have complained for years about being sidelined by wealthy nations. Now they
2023-08-21 12:23
China Local Governments to Sell $206 Billion of Financing Debt
China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan
2023-08-21 11:22
Chinese Banks Disappoint With Smaller Lending Rate Cuts
Chinese banks made a smaller-than-expected cut to their benchmark lending rate on Monday and avoided trimming the reference
2023-08-21 10:26
US Insurance Giant Marsh Set for $448 Million Honan Deal
Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to
2023-08-21 09:28
Oil prices flat as rates anxiety, China gloom offset tighter supply
By Florence Tan SINGAPORE Oil prices were steady on Monday with Brent staying above $80 a barrel, as
2023-08-21 09:27
Asia braces for disappointment on China rate cuts
By Wayne Cole SYDNEY Asian markets held their breath on Monday as investors waited to see how serious
2023-08-21 09:24
BOJ’s Record-Bond Buying Is Driving Need for Yield-Curve Tweaks
The Bank of Japan is purchasing government bonds at a record pace this year, a factor that likely
2023-08-21 09:20