Turkey State Lenders Return to Lira’s Defense After Sharp Drop
Turkish state lenders returned to supporting the lira after a temporary halt to dollar sales on Wednesday triggered
2023-06-08 17:29
Philippines Cuts Banks’ Reserve Ratio, Flags Extended Rate Pause
The Philippine central bank is reducing lenders’ reserve requirement ratio at the end of the month, Governor Felipe
2023-06-08 17:28
Euro Zone Succumbs to Mildest of Recessions on Energy Shock
The euro area suffered the mildest possible recession during the winter after Russia’s war in Ukraine sent energy
2023-06-08 17:26
Britain’s Labor Market Loosens With More Returning to Workforce
Britain’s red-hot labor market cooled last month with the supply of workers expanding at the quickest pace in
2023-06-08 17:19
Tokio Marine taps Goldman, Jefferies to sell $1bln Southeast Asia life insurance unit-sources
By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG Japanese insurer Tokio Marine Holdings has picked Goldman Sachs and
2023-06-08 16:57
HDFC May Tap Kapil For Mammoth Mortgage Business Post Merger
HDFC Bank Ltd. has shortlisted veteran Arvind Kapil, its current retail assets head, to spearhead the home loans
2023-06-08 16:50
Yandex granted Nasdaq lifeline subject to Russia restructuring
By Alexander Marrow Russian internet firm Yandex on Thursday said it had been granted permission to retain its
2023-06-08 16:46
Turkish lira extends losses as Ankara loosens grip on forex market
By Nevzat Devranoglu and Ali Kucukgocmen ISTANBUL Turkey's lira weakened 0.8% to a record low on Thursday, extending
2023-06-08 16:28
Standard Chartered to Sell Zimbabwe Unit Locally to FBC Holdings
Standard Chartered Plc agreed to sell its Zimbabwe business to the country’s FBC Holdings Ltd. as it presses
2023-06-08 16:25
Ukraine Recap: Much of Kherson Under Water as Damage Assessed
Some 600 square kilometers (230 square miles) of Ukraine’s southern Kherson region is under water two days after
2023-06-08 16:25
European shares open lower on rate jitters; Novartis rises
European shares opened lower on Thursday as rate-sensitive technology shares slipped on expectations of further interest rate hikes
2023-06-08 15:54
New York’s Toxic Wildfire Smoke Is All Too Familiar to Asia
As New Yorkers breathe in the most polluted air in decades, experience from places more regularly struck by
2023-06-08 15:49