Emerging-Market Credit Risk Jumps as Hawkish Tilt Hits Bonds
The emerging-market selloff that started in equities and spread to currencies this month has now gripped bonds, as
2023-08-17 20:51
China Told State Banks to Escalate Yuan Intervention
Chinese authorities told state-owned banks to step up intervention in the currency market this week, in a push
2023-08-17 19:16
South African Reserve Bank Leaves Door Open to More Hikes
South Africa’s central bank remains concerned by the risks to the inflation outlook and may resume hiking interest
2023-08-17 18:51
Russia Turns Screws on Exporters After Debating Capital Controls
Russia’s government will hold off on stiffening restrictions on the movement of capital and instead prepare recommendations for
2023-08-17 18:00
Chinese Officials Meet Foreign Firms to Ease Data Law Fears
China’s internet regulator is reaching out to foreign firms, including Walmart Inc. and PayPal Inc., to discuss ways
2023-08-17 17:19
Philippines Leaves Key Rate Steady as it Keeps Hawkish Bias
The Philippine central bank left its benchmark interest rate unchanged for a third straight meeting as the economy
2023-08-17 16:49
Norway Raises Key Rate and Signals Last Hike in September
Norway’s central bank raised borrowing costs to the highest level since the 2008 financial crisis and signaled it
2023-08-17 16:22
Currency Traders Hang on Every Word as Tokyo Jawbones Yen
Traders are scrutinizing every word from Japanese currency officials with renewed intensity as nine straight days of declines
2023-08-17 16:19
Biden’s China Investment Rules Mean More Data for US Spies to Tap
President Joe Biden’s plan to limit certain investments in China may prove a boon for US intelligence agencies.
2023-08-17 16:15
Australia’s No. 2 Pension Says Rates May Be High Until 2025
Australia’s second-largest pension fund said the nation’s borrowing costs could stay elevated until as late as 2025, arguing
2023-08-17 14:24
ECB’s Kazaks Says Any Additional Rate Hikes Would Be Very Small
Any additional interest-rate increases by the European Central Bank won’t be big, according to Governing Council member Martins
2023-08-17 13:52
Foreign Funds Flee China Stocks in Record Selling Streak
Daily outflows of overseas funds from Chinese stocks are on course to tie a record streak amid worsening
2023-08-17 11:52