ECB Must Still Raise Interest-Rates More, Vasle Tells Delo
The European Central Bank must lift borrowing costs further to return inflation to its target, Governing Council member
2023-05-25 12:28
Argentina Seeks Bigger China Swap Line to Curb Peso Selloff
Argentina’s government is asking China for an expansion of its bilateral currency swap in yuan as it seeks
2023-05-25 12:19
Singapore Says Aspects of US-China Rift ‘Appear Insurmountable’
The widening rift between the world’s two biggest economies, the US and China, now looks in some regards
2023-05-25 11:54
Silicon Valley Bank: 500 jobs cut by new owner First Citizens
The move comes two months after SVB's collapse triggered fears of a banking crisis.
2023-05-25 11:18
GM CEO Mary Barra Visits China, Meets Shanghai Party Chief
General Motors Co. Chief Executive Officer Mary Barra has made her first visit to China since the pandemic,
2023-05-25 10:58
Bank of Korea Holds Rate, Lowers Growth View as Risks Mount
The Bank of Korea left its policy rate unchanged for a third straight meeting and lowered its growth
2023-05-25 10:56
McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to
2023-05-25 10:51
China RRR Cut Gives Bigger Growth Boost Than Rate Move
China’s economic growth will get a bigger boost if the central bank cuts the reserve requirement ratio for
2023-05-25 10:24
Marcos Seeks Speedy Approval of Philippine Wealth Fund Bill
Philippine President Ferdinand Marcos Jr. is pushing for the immediate enactment of a bill in the Senate that
2023-05-25 10:15
Oil Holds Gains as US Stockpile Draw Counters Debt-Deal Tensions
Oil held a three-day gain after a big draw in US stockpiles and warning from Saudi Arabia aimed
2023-05-25 09:58
AI Frenzy Helps Asia Tech Exporters’ Shares Beat US Growth Woes
Investors are snapping up shares of Asia’s technology hardware exporters, bolstered by interest in artificial intelligence and signs
2023-05-25 09:24
Metals Markets Face Grueling Summer as Chinese Demand Falters
Big conferences often crystalize the prevailing sentiment in markets. So it’s probably no coincidence that copper has dived
2023-05-25 08:56