BRICS Latest: Reducing Dollar Reliance Tops Summit Agenda
Leaders of the BRICS nations will focus on ways to reduce dependence on dollars when they meet starting
2023-08-22 14:59
UK’s Slower-Than-Expected Borrowing Gives More Room for Tax Cuts
UK government borrowing came in below official forecasts in the first four months of the fiscal year, providing
2023-08-22 14:27
China Ramps Up Fight With Yuan Bears to Stop Selloff Spiraling
China extended two lines of yuan defense, pushing up funding costs in the offshore market to squeeze shorts
2023-08-22 11:22
Cambodia’s Hun Sen Seals Political Dynasty as Son Becomes PM
Cambodia’s parliament voted on Tuesday to approve a new government led by the son of outgoing leader Hun
2023-08-22 10:54
Yuan Shorts Hit as Funding Costs Up by Most Since 2017
Funding costs in China’s offshore market rose by the most in six years amid speculation that authorities in
2023-08-22 10:46
Fidelity Sees Singapore Bonds as Haven From China, Fed Risks
Singapore’s government bonds are attractive as a haven from the mounting economic problems in China and a hawkish
2023-08-22 10:28
Japan’s Benchmark Bond Yield Hits Nine-Year High in Test for BOJ
Japan’s 10-year government bond yield reached a new nine-year high Tuesday amid upward pressure in global interest rates.
2023-08-22 10:19
Wall Street Sees No End to Yuan Losses Despite Beijing Pushback
While Beijing moves to stabilize the yuan, Wall Street still sees plenty of room for the Chinese currency
2023-08-22 08:59
Asian Shares Poised to Advance; Yields Climbing: Markets Wrap
Asian equities are set to rise on Tuesday following a rally in big tech that spurred a rebound
2023-08-22 06:47
Ecuador Debt Jumps With Presidential Vote Heading to Runoff
Ecuador bonds surged as the country headed toward a runoff in October that’s seen as more likely to
2023-08-22 05:27
Star China Hedge Fund Blames Global Money for Stock Selloff
A top-performing Chinese macro hedge fund blamed global capital for sinking the country’s stocks to the lowest levels
2023-08-22 02:48
Mozambique Health Services Paralyzed After Nurses Join Doctors’ Strike
Mozambique’s public health services were paralyzed after medical workers such as nurses and pharmacists joined a month-long strike
2023-08-22 02:18