Moody’s Cuts Bangladesh Rating on Reserves, Market Distortions
Moody’s Investors Service lowered Bangladesh’s credit rating as the nation’s foreign-exchange reserves dwindle while unconventional policies such as
2023-05-31 10:57
Economists See India’s First Rate Cut in 2024 for Durable Growth
Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first
2023-05-31 10:52
Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure
Australian inflation accelerated, snapping three months of easing, sending government bond yields higher as traders fretted about potentially
2023-05-31 10:19
China’s Factory Slump Worsens in Sign of Weak Economic Recovery
China’s manufacturing activity contracted for a second straight month in May, providing more evidence the post-Covid recovery in
2023-05-31 09:56
PwC Barred From All New RBA Contracts Until Scandal Clears
Reserve Bank of Australia Governor Philip Lowe said he’s “appalled” by the tax scandal that’s engulfed PricewaterhouseCoopers and
2023-05-31 08:55
South Korea Is Wagering Its Stock Market Fortunes on MSCI’s ‘Developed’ Status
For years, South Korea has been home to more global conglomerates than Hong Kong, boasted a higher purchasing
2023-05-31 07:19
Asian Shares Set to Fall as Congress Mulls Accord: Markets Wrap
Asian stocks are poised to slide Wednesday after momentum in US equities faded and Congress considered the debt
2023-05-31 06:58
Debt-Limit Deal Will Pass House Wednesday, Jeffries Says
Democrats will deliver at least enough votes in combination with Republicans to guarantee House passage Wednesday night of
2023-05-31 06:22
Treasury Still Needs to Navigate Around Debt-Ceiling Risks Even as Investor Concerns Ebb
Investor concerns about the debt ceiling have ebbed now that lawmakers in Washington are pushing toward the finish
2023-05-31 04:48
Twitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity Says
Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity,
2023-05-31 04:45
Citigroup Sees Dealmaking Slump Easing in Wake of Debt-Limit Deal
Citigroup Inc. has begun to see signs of a rebound in investment banking, with an agreement to avert
2023-05-31 02:45
Goldman Planning Another Round of Job Cuts Amid Chill in Banking
Goldman Sachs Group Inc. is considering another round of job cuts amid a muted dealmaking environment that has
2023-05-31 02:26