China Warnings Flash Across Global Markets as Growth Disappoints
China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity
2023-05-25 15:51
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:46
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
2023-05-25 14:19
RBI May Need to Buy $18 Billion of Bonds to Add Cash, ICICI Says
India’s central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish
2023-05-25 13:49
Pakistan Growth Slows Sharply as Economic Challenges Mount
Pakistan’s economic growth slowed sharply to one of the lowest levels in its history as its woes intensify
2023-05-25 13:19
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
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
Rate Path In Focus as Philippines Awaits Next Central Bank Chief
Investors are bracing for Philippine President Ferdinand Marcos Jr.’s choice on who will head the central bank in
2023-05-25 10:46
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