Singapore Bids Libor Farewell With Surge in SORA Derivatives
Singapore’s financial markets have rapidly switched to a new lending benchmark as the city-state joins the world in
2023-06-30 11:46
Marcos Faces Philippine Growth, Investment Tests in Second Year
Philippine President Ferdinand Marcos Jr. marks his first year in office with resilient growth and improving business sentiment
2023-06-30 11:45
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:24
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:22
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:20
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
2023-06-30 09:56
Can Canada make big tech pay for news?
The country is the latest front in a fight that analysts say has big stakes for news - and democracy.
2023-06-30 09:49
India’s HDFC Vaults Into Ranks of World’s Most Valuable Banks
A homegrown Indian company will for the first time rank among the world’s most valuable banks after completing
2023-06-30 09:46
The Three Biggest Letters in Carbon Removal Are MRV
Last year, a group of Norwegian auditors touched down in a remote corner of Iceland to meet with
2023-06-30 09:21
Oil Heads for First Back-to-Back Quarterly Decline Since 2019
Oil was on track for its first back-to-back quarterly loss since 2019 as persistent concerns over the demand
2023-06-30 08:52
Meituan Joins AI Race by Buying Co-Founder’s Months-Old Firm
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-30 08:49
Tokyo Inflation Speeds Up Again as Japan Production Sputters
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations
2023-06-30 08:20