US Consumers Lose Steam, Setting Economy Up for Sharp Slowdown
US consumer spending — the economy’s main engine — has lost steam for most of this year, portending
2023-07-01 01:58
Canada Business Outlook Drops; Firms See Inflation Lingering
Sentiment among businesses fell to its weakest level since the depths of the pandemic, but inflation expectations of
2023-07-01 01:16
Supreme Court Backs Web Designer Against Same-Sex Marriage
The US Supreme Court ruled that a Christian website designer has a free-speech right to create wedding pages
2023-06-30 22:16
China Pilots Steps to Lure Foreign Firms to Free-Trade Zones
China rolled out a number of measures to open up its free-trade zones as state leaders go on
2023-06-30 16:56
China’s PBOC Sticks With Yuan Support as Currency Losses Deepen
China took steps to slow a decline in the yuan for a fourth time this week, as its
2023-06-30 15:53
JPMorgan Team Ditches Bullish Treasuries View on US Data
JPMorgan Chase & Co. has ditched a bullish tactical view on Treasuries after a series of US economic
2023-06-30 15:50
Sri Lanka Seeks to Restructure $19.8 Billion of Local Debt
Sri Lanka is seeking to restructure about $19.8 billion of local bills and bonds, equivalent to half of
2023-06-30 15:22
Marcos Faces Philippine Growth, Investment Tests in Second Year
Philippine President Ferdinand Marcos Jr. marks his first year in office with resilient growth and improving business sentiment
2023-06-30 11:55
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:23
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:20
Senior China Diplomat Dispatched to Italy to Keep Nation in Belt and Road Initiative
China dispatched a senior diplomat to Italy this week, as Beijing seeks to persuade the European nation not
2023-06-30 11:19
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:26