Egypt Currency Squeeze Sinks Bank Foreign Buffers to New Low
Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack
2023-08-02 16:50
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:18
Argentina Reserves Fall to 17-Year Low After $2.6 Billion Payment to IMF
Argentina’s central bank reserves fell Monday to the lowest level since 2006 after the government made a payment
2023-08-01 07:27
Traders Go to US for Argentina Stocks to Hedge Election Bet
Investors are starting to make the most tentative of moves back into Argentine stocks, looking at a potential
2023-08-01 03:48
Argentina’s IMF Deal Is Just One Hurdle to Massa’s Presidential Bid
After months of negotiations with the International Monetary Fund, Sergio Massa pulled off a debt-defying deal that will
2023-08-01 00:56
Ghana Cuts Growth Forecast For This Year But Sees Rebound From 2024
Ghana almost halved its forecast for growth this year amid a sluggish economy, global headwinds and the impact
2023-07-31 22:48
Saudi Arabia’s Economy Slows as Oil Prices and Production Drop
Saudi Arabia’s economy slowed in the second quarter as oil-production cuts and a drop in prices pushed the
2023-07-31 14:50
A Record $90 Billion in Ship Orders Loom Over Boom-Bust Industry
The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented
2023-07-31 13:20
Why China’s Miracle Growth Story May Be Coming to an End
China is showing signs of a significant economic slowdown after decades of supercharged growth. A much anticipated post-pandemic
2023-07-31 12:56
Dawn of Interest-Rate Pivots Unlocks Risk in EM’s Standout Trade
One of the year’s top fixed-income trades is facing a critical juncture in Latin America as bond investors
2023-07-30 20:19
Banks Are Untold Story of Ukraine’s Survival, Even State Banks
When Sergii Naumov took over as chief executive at one of Ukraine’s biggest state banks before Russia’s invasion,
2023-07-30 16:22
Charting the Global Economy: Fed, ECB Press on With Rate Hikes
The Federal Reserve, European Central Bank and Bank of Japan headlined a pivotal week for central banks, with
2023-07-29 17:24