ECB’s Knot Says More Hikes May Be Needed If Inflation Stays High
European Central Bank Governing Council member Klaas Knot warned that prolonged inflation may prompt further increases in borrowing
2023-06-07 17:51
China Big Four State Banks Said to Cut Dollar Deposit Rates
China’s four big state lenders have effectively cut dollar deposit rates, according to people familiar with the matter,
2023-06-07 17:50
Japan’s Kishida Unveils Policy Proposal Ahead of Potential Polls
Japanese Prime Minister Fumio Kishida proposed a long list of policy targets for this year, as speculation continues
2023-06-07 17:25
Turkish Lira Plunges as State Banks Retreat From Defense
The Turkish lira plunged the most in more than a year to a new record on Wednesday as
2023-06-07 16:46
World Economy Set for Weak Inflation-Plagued Recovery, OECD Warns
The global economy is set for a weak recovery from the shocks of Covid and Russia’s war in
2023-06-07 16:26
Swedes Warm Up to Euro as Krona Approaches All-Time-Lows
The Swedish population has become less hostile to the idea of adopting the euro as the krona is
2023-06-07 14:56
Column-Euro economic misses may mask pandemic reboot :Mike Dolan
By Mike Dolan LONDON Even if some yearn for pre-pandemic familiarity after three years of global economic disruption,
2023-06-07 14:50
Citigroup CEO Visits China as Wall Street Seeks Closer Ties
Citigroup Inc. Chief Executive Officer Jane Fraser visited Beijing this week, joining other Wall Street executives to travel
2023-06-07 13:49
Oil extends losses as economic slowdown concerns return
By Yuka Obayashi and Muyu Xu TOKYO (Reuters) -Oil extended losses on Wednesday as concerns over global economic headwinds deepened,
2023-06-07 13:17
Bids for Indonesia’s Bonds Soar to Two-Year High With Peak Rates
Bids for Indonesia’s sovereign bonds at an auction soared the highest in almost two years, with supply getting
2023-06-07 11:28
Slowdown Threatens Indian Economy Even as Its Rich Keep Spending
India’s booming economy is the envy of other major markets. But beyond the hype and expectation, people who
2023-06-07 11:28
Asia stocks gain on hopes for China stimulus, Fed pause
By Xie Yu HONG KONG Most Asia-Pacific stocks markets strengthened on Wednesday, as expectations for stimulus from China
2023-06-07 10:56