Ex-BIS Official Remolona Is Next Philippine Central Bank Chief
The Philippines has tapped Eli Remolona, a member of the central bank’s policymaking board, to head the monetary
2023-06-23 18:15
Euro-Zone Activity Almost Stalls as Recession Rebound Fades
Economic momentum in the euro area almost came to a halt in June, signaling an end to the
2023-06-23 16:24
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:23
Lira Extends Slump as Simsek Emphasizes Free Market Principles
Turkey’s lira extended its slide from Thursday after Treasury and Finance Minister Mehmet Simsek emphasized that he favors
2023-06-23 15:28
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent
2023-06-23 14:55
Koreas Speed Up Drone Race After Unprecedented Incursions
As the two Koreas near the anniversary of the start of their conflict in 1950, both sides are
2023-06-23 13:18
A 99% Stock Crash and Surprise Default Raise Alarm in Thailand
Only a year ago Stark Corp. looked like a Thai corporate success story. Backed by a wealthy local
2023-06-23 12:28
Stubborn UK Inflation Triggers a Mortgage Crisis for Millions
Britain’s mortgage market has become a horror show for borrowers and the government as soaring interest rates threaten
2023-06-23 12:21
Yen Traders on Verbal Intervention Watch as Weakness Extends
Tokyo’s FX traders are scanning the airwaves for official comments as the yen slumps toward levels where the
2023-06-23 11:27
South Korea’s $1.9 Trillion Stock Market Has to Wait Longer to Enter MSCI’s Big Leagues
Global index provider MSCI Inc. decided to retain South Korea on its list of emerging markets following an
2023-06-23 10:53
Philippine Central Banker Signals 2023 Pause as Term Nears End
The Philippine central bank will probably keep its benchmark interest rate steady for the rest of the year
2023-06-23 10:23
Dollar rises as hawkish central banks dent risk sentiment, sterling slips
By Rae Wee SINGAPORE The dollar drew support from a bout of risk aversion on Friday as hawkish
2023-06-23 09:58