Japan sends yen soaring and stocks tumbling with hint it could join rate-hiking party
Japan's central bank kept interest rates unchanged Friday despite rising inflation but hinted that it could gradually abandon years of ultra-cheap money, sending the yen soaring and stocks tumbling.
2023-07-28 16:58
Top China Housing Official Urges Fresh Property Aid Efforts
China’s top housing official urged financial regulators and lenders to strengthen efforts to revive the country’s ailing property
2023-07-28 15:58
Global Bond Losses Grow as Japan Loosens Yield-Control Policy
Global bonds took another leg lower after the Bank of Japan signaled it will allow yields to climb
2023-07-28 14:52
Sweden’s GDP Shrinks More Than Expected, Fueling Recession Risks
Sweden’s economy had its biggest contraction since the pandemic in the second quarter, reviving prospects of a hard
2023-07-28 14:28
China Early Economic Data Show Growth Weakening More in July
China’s economic recovery continued to lose momentum in July, high frequency indicators show, with consumers pulling back on
2023-07-28 13:26
Ex-NY Fed Economist Among Three Central Bankers Named by Erdogan
Turkish President Recep Tayyip Erdogan made some of the biggest moves in revamping his economic team by installing
2023-07-28 12:56
Standard Chartered Raises Income Forecast, Adds New Buyback
Standard Chartered Plc raised its forecasts for income growth for 2023 and added a new buyback program as
2023-07-28 12:47
Australia’s Retail Sales Decline as Rising Rates Take Toll
Australian retail sales unexpectedly fell in June, suggesting consumers are hunkering down in response to the Reserve Bank’s
2023-07-28 11:25
Korea Ministry Says Credit Union That Spooked Markets Stabilized
The Korean regulator in charge of a federation of credit unions that’s grappled with delinquencies and withdrawals said
2023-07-28 10:49
Republican 2024 Candidate Scott Derides DeSantis on Slavery
Tim Scott expounded on the atrocities of US slavery in a subtle, but sharp rebuke of Republican presidential
2023-07-28 10:24
Singapore Home Prices Fall to Three-Year Low as Boom Eases
Singapore home prices fell for the first time in three years in the second quarter, adding to signs
2023-07-28 09:58
A $3 Trillion Threat to Global Financial Markets Looms in Japan
(This story was originally published on March 29. Bank of Japan policymakers meet today, with investors speculating that
2023-07-28 08:54