China Has Ample Tools Even in ‘Panic’ Yuan Drop, PBOC Paper Says
China has ample tools to stabilize the foreign-exchange market even if the yuan enters a “panic” slide, according
2023-07-06 00:55
NYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to Blame
New York City’s air quality dropped to unhealthy levels Wednesday morning, but don’t blame the Canadian wildfires —
2023-07-06 00:17
Italy Again Delays Ratification of EU Bailout Fund Reform
Italy has once again delayed ratifying a reform of the European Stability Mechanism bailout fund, a move which
2023-07-05 23:25
German Cabinet Backs Budget With €16.6 Billion in Net New Debt
Germany’s ruling coalition has approved a 2024 finance plan that slashes net new borrowing to the lowest levels
2023-07-05 23:15
Mitsotakis Steps Up Reforms to Send Greek Crisis to History
Prime Minister Kyriakos Mitsotakis is stepping up the pace of reform at the start of his second term
2023-07-05 19:50
EU Ignites Battle Over Relaxed GMO Crop Rules in Green Push
The European Union unveiled proposals to soften rules on genetically modified crops in a plan that’s set to
2023-07-05 19:23
China Banks Cut Rates for $453 Billion Corporate Dollar Deposits
China’s largest banks cut rates for the nation’s $453 billion corporate US dollar deposits for the second time
2023-07-05 15:57
Taiwan Candidate Sends Signal to US With China Status Quo Pledge
The presidential candidate for Taiwan’s ruling party vowed to protect the status quo with China if elected, comments
2023-07-05 15:54
China Postpones Beijing Trip by Top European Diplomat, EU Says
The Chinese government has postponed a trip to Beijing by Josep Borrell, the European Union’s foreign affairs chief,
2023-07-05 15:19
UK’s FCA Is Investigating If Crispin Odey Is ‘Fit and Proper’ to Work in Financial Services
The UK’s financial regulator said it’s investigating whether Crispin Odey passes its ‘fit and proper’ test to operate
2023-07-05 15:17
Australian PM Says Lowe, Others Being Discussed for RBA Governor
Australian Prime Minister Anthony Albanese is considering several candidates for Reserve Bank governor, including extending the term of
2023-07-05 14:28
New Players Can Enter Korea’s Banking Sector for First Time in 30 Years
South Korea will allow new domestic players to enter its banking industry for the first time in 30
2023-07-05 12:48