Debt-Limit Deal Passes the House, Easing US Default Concerns
The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints
2023-06-01 17:49
Euro-Area Core Inflation Eases But Won’t Stop ECB Raising Rates
Underlying inflation in the euro zone dipped by more than expected, though the retreat is unlikely to stop
2023-06-01 17:30
Fear of US-China Conflict Looms Over Singapore Defense Forum
Asian leaders accustomed to straddling the US-China divide are increasingly nervous that tensions between the world’s two superpowers
2023-06-01 17:29
Larry Summers Sees UK Recession After ‘Historic Error’ on Brexit
Larry Summers has said he would be “very surprised” if the UK gets through the next two years
2023-06-01 16:54
Russia’s Rupee Trap Is Adding to $147 Billion Hoard Abroad
A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in
2023-06-01 16:52
Europe’s Unused Coal Heads to New Shores in Post-Crisis Glut
Traders are seeking buyers for piles of unused coal before it becomes worthless after the fuel was hoarded
2023-06-01 16:50
ECB’s Knot Says 2024 Rate-Cut Bets May Have to Be Adjusted
European Central Bank Governing Council member Klaas Knot said it’s “not unlikely” that investors will have to adjust
2023-06-01 16:49
Singapore, China Agree to Set Up High-Level Defense Hotline
China and Singapore agreed to work toward establishing a secure defense telephone link for high-level communications, as the
2023-06-01 16:48
Pakistan Moves to Ease Pressure on Rupee in Retail Market
Pakistan moved to ease pressure on the rupee in the open market, sending the currency surging in the
2023-06-01 16:48
Asian Gas Premium Puts Europe in Competiton for LNG This Summer
Spot prices for liquefied natural gas in Asia are trading at a consistent premium over the European benchmark
2023-06-01 16:28
ECB Warns BOJ Policy Change Could Test Global Bond Markets
A rare European Central Bank warning about the bond market risk of a Bank of Japan policy change
2023-06-01 16:28
Salesforce Gives Forecast for Slowing Sales Growth in Push for Profit
Salesforce Inc. isn’t growing as fast as it used to while the software company shifts its focus to
2023-06-01 16:18