Australia Unemployment Rises to 3.7% as Rate Hikes Take Toll
Australia’s unemployment rate rose more than expected in July as the economy surprisingly shed jobs, signaling the labor
2023-08-17 10:52
RBNZ’s Orr Says Mild Recession ‘Bare Minimum’ to Tame Inflation
New Zealand central bank Governor Adrian Orr said a mild recession would be the “bare minimum” before policymakers
2023-08-17 08:27
Rate Cut Wagers Are Fast Disappearing Across Emerging Asia
Emerging Asian bond investors are turning cautious amid signs that the region’s central banks may not start cutting
2023-08-17 08:16
Japan’s Exports Shrink for First Time in More Than Two Years
Japan’s exports dropped for the first time in more than two years as demand slumped in several key
2023-08-17 08:15
Luxury London Home Sellers Cut Asking Prices to Keep Deals Alive
Britain’s intensifying mortgage crunch is now forcing London’s wealthiest home sellers to agree to discounts or risk deals
2023-08-17 07:18
Asia Shares Face Pressure as US Stocks, Bonds Drop: Markets Wrap
Shares in Asia are primed for declines Thursday after a selloff in US stocks and bonds following hawkish
2023-08-17 06:55
Ecuador Rating Cut by Fitch After Killing as Key Election Nears
Ecuador had its credit score slashed Wednesday by Fitch Ratings, which cited heightened financing risks for the Latin
2023-08-17 06:45
When Fed Cuts Rates, It May Still Be Tightening Via QT Program
Federal Reserve officials are more seriously discussing the possibility that they may not have to stop shrinking their
2023-08-17 06:25
China Is Headwind for US, Global Economy, Treasury Official Says
US Deputy Treasury Secretary Wally Adeyemo said China’s economic issues are proving to be a headwind for the
2023-08-17 05:53
Philippines Seen to Extend Rate Pause After GDP Growth Fizzled
The Philippine central bank is widely expected to keep its policy rate steady for a third straight meeting
2023-08-17 05:20
Fed Saw ‘Significant’ Inflation Risk That May Merit More Hikes
Federal Reserve officials at their policy meeting in July largely remained concerned that inflation would fail to recede
2023-08-17 04:46
Argentina’s Milei Says He’d Reject ‘Assassin’ China, Leave Mercosur
Argentina’s presidential frontrunner Javier Milei would freeze relations with China and pull South America’s second-biggest economy out of
2023-08-17 04:16