IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen
The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout
2023-06-15 10:22
Goldman, Citigroup Begin Cutting About 35 Dealmakers Across Asia
Goldman Sachs Group Inc. and Citigroup Inc. are starting to cut another 35 investment-banking jobs across Asia this
2023-06-15 09:48
Petrobras Is Said to Rule Out Buyout Offer for Brazil’s Braskem
Petroleo Brasileiro SA is not considering proposing an offer to buy out Brazilian petrochemical maker Braskem SA, according
2023-06-15 09:24
Japan’s Exports Weaken Further Amid Global Economic Slowdown
Japan’s exports expanded at the weakest pace in over two years amid a global economic slowdown, an outcome
2023-06-15 08:51
Berkshire Unit Fire Suit Heads Toward Multibillion-Dollar Finale
A Berkshire Hathaway Inc. energy unit’s $87 million hit this week in a first-of-its-kind trial blaming the company
2023-06-15 08:45
Bond Traders Step Up Bets the Fed Will Steer US Economy Into Recession
Bond traders are stepping up wagers that the Federal Reserve will steer the US economy into a recession.
2023-06-15 08:21
Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal
2023-06-15 08:19
Strategists See Resilience in Asia FX, Stocks After Fed
Asian stocks and emerging-markets currencies should be resilient while short-end bond yields are likely to move higher. Those
2023-06-15 07:45
New Zealand Falls Into Recession as GDP Drops in First Quarter
New Zealand’s economy contracted for a second consecutive quarter in the first three months of the year, confirming
2023-06-15 07:19
Asia, US Stock Futures Climb After Fed Rate Pause: Markets Wrap
Stocks in Asia are poised for muted gains after US equities inched higher after the Federal Reserve paused
2023-06-15 06:46
Colombia Lifts Target for Debt Sales in New Financial Plan
Colombia increased its target for bond auctions this year as lower crude prices and weaker economic growth widen
2023-06-15 06:19
Gulf Central Banks Hit Pause on Rate Hikes in Tandem With Fed
Central banks in the Gulf including Qatar and the United Arab Emirates followed the Federal Reserve’s decision to
2023-06-15 02:47