Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:48
Hefty Outlier Bet Shows Traders Are Split Over BOE’s Next Move
In the eyes of one investor at least, the Bank of England’s interest-rate hike on Thursday was the
2023-08-04 12:48
Jokowi’s EV Ambition Takes A Step Forward With Cathode Factory
President Joko Widodo’s ambition of building out Indonesia’s electric-vehicle supply chain is seeing another step forward with plans
2023-08-04 10:55
RBA Slightly Extends Course for Inflation to Fall Within Target
Australia’s central bank revised down its estimates for economic growth a touch and now sees inflation returning to
2023-08-04 09:48
Rare China Vow on Market Support Puts Beijing’s Toolkit in Focus
An unusual display of China’s commitment to rejuvenating its capital markets has sparked newfound hopes among traders in
2023-08-04 09:45
Stocks in Asia Face Mixed Open After US Bond Rout: Markets Wrap
Stocks in Asia are set for a mixed open following a slump in US equities and bonds, as
2023-08-04 06:51
US Downgrade Hits Muni Market as Fitch Cuts Billions of Debt
Fitch Ratings downgraded billions of dollars worth of public finance credits that are linked to the rating company’s
2023-08-04 06:27
Brazil’s Real Slumps Most Since November on Bold Rate Cut
Brazil’s currency weakened the most since November and short-term swap rates fell sharply after the nation’s central bank
2023-08-04 05:19
Uruguay Inflation Rate Falls To 4.8%, Lowest Level Since 2005
Uruguay’s inflation rate last month fell to its lowest level in nearly 18 years as price gains cooled
2023-08-04 03:26
MercadoLibre Surges to Highest Since May as Profits Double
Shares from e-commerce and fintech provider MercadoLibre Inc. surged to their highest since May as business booms and
2023-08-03 23:47
Year of the Bond Dashed as Treasuries Set for Worst Week of 2023
Long-dated US Treasuries headed for their worst week of the year amid signs of unexpected resilience in the
2023-08-03 21:50
Turkish Stocks Enjoy Longest Run of Foreign Inflows in a Decade
Overseas investors extended their buying spree of Turkish equities to the longest streak in a decade, a sign
2023-08-03 20:25