$200 billion in frozen Russian assets could help rebuild Ukraine. Europe is trying to figure out how
Russian assets frozen in European accounts could generate billions of dollars a year for rebuilding Ukraine. But can that money be used without breaching international law or damaging the euro's international standing?
2023-06-30 15:53
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
Rouble sinks to over 15-month low vs dollar on political risk concerns
The Russian rouble slumped to a more than 15-month low against the dollar on Friday, weighed down by
2023-06-30 15:29
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
China Steelmakers Issue Stark Warning About Second-Half Outlook
China’s leading steelmakers warned the industry faces a very challenging second half as demand disappoints, profitability lags, and
2023-06-30 14:46
South Korea Passes Inaugural Standalone Crypto Bill After Spate of Scandals
South Korea approved its first standalone digital-asset bill to boost investor protection just over a year after the
2023-06-30 14:22
China’s Sweetener Makers Advance on WHO Aspartame Speculation
China’s sweetener producers gained after a report said the World Health Organization is set to decide on the
2023-06-30 13:29
Crisis-hit Pakistan strikes $3bn funding deal with IMF
The South Asian nation is facing its worst economic crisis since independence from Britain in 1947.
2023-06-30 12:25
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
Singapore Bids Libor Farewell With Surge in SORA Derivatives
Singapore’s financial markets have rapidly switched to a new lending benchmark as the city-state joins the world in
2023-06-30 11:49
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