Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting
2023-08-28 08:58
Flagging Growth Fuels Tensions Clouding Vietnam Premier’s Future
While disagreements are common between elected leaders and central bankers, they’re unusual in one-party, Communist-run nations. When they
2023-08-28 08:19
Asia Stocks Set for Small Gains; Currencies Steady: Markets Wrap
Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal
2023-08-28 07:29
Tech-Reliant Won Counts on Boost From Nvidia’s Sales Forecast
AI chipmaker Nvidia Corp.’s better-than expected earnings may be the catalyst the tech-reliant Korean won is looking for.
2023-08-28 06:54
At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained —
2023-08-28 04:52
Markets Brace for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates
2023-08-27 22:59
Emerging-Market Funding Gets Creative as Dollar Bonds Dry Up
At the BRICS summit in Johannesburg this week, a key item on the agenda was reducing dollar dependence
2023-08-27 20:50
China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow
2023-08-27 20:20
Zimbabwe Leader Wins New Term, Monitors Says Vote was Flawed
Zimbabwean President Emmerson Mnangagwa was declared the winner of an election that observers said was deeply flawed, extending
2023-08-27 06:59
Powell Has Bond Traders Right Where He Wants Them: Full of Doubt
Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s
2023-08-27 04:50
BOJ Chief Says Strategy Backed by Below-Target Inflation
Bank of Japan Governor Kazuo Ueda said price growth remains slower than the central bank’s goal, explaining why
2023-08-27 04:00
Junkiest Debt Rallies as Investors Brush Off Fed
Credit investors have decided that they’re more than willing to fight the Federal Reserve as the central bank
2023-08-27 03:48