South African Treasury to Seek Spending Cuts, Sunday Times Says
South Africa’s National Treasury will propose a freeze on new public service jobs and procurement contracts for all
2023-09-04 02:45
Higher-for-Longer Mantra Starts to Weigh on Emerging-Market Debt
Emerging-market central banks are joining their developed peers in pushing back against expectations of a rapid switch to
2023-09-03 21:24
French Wages Tipped to Rise by About 5% in 2023
French wages are expected to rise by about 5% this year, Finance Minister Bruno Le Maire said Sunday,
2023-09-03 21:16
Europe’s Retail Bond Rush Shows Household Savers’ Growing Clout
A pair of bond sales in the past week shows how European governments are increasingly turning to households
2023-09-03 15:54
From BlackRock to Pimco, Bond Investors Bet Fed Hiking Is Over
For the first time since the Federal Reserve started raising interest rates almost 18 months ago, the labor
2023-09-03 04:53
Less Spending Not Necessarily Way to Cut Deficit, Ramaphosa Says
South African President Cyril Ramaphosa said lower spending is “not necessarily” the answer to the country’s fiscal challenges,
2023-09-03 01:23
Ex-Wells Fargo Exec Deserves Prison in Accounts Scandal, US Says
Wells Fargo & Co.’s former head of retail banking should spend a year in prison for impeding a
2023-09-02 23:18
Thai PM Srettha to Hold Finance Minister Post in Rare Move
Thailand’s new Prime Minister Srettha Thavisin unveiled a cabinet line-up that sees him also assume the post of
2023-09-02 20:47
Barclays Says ‘Active Policy Support’ to Benefit Turkey, Russia
Analysts at Barclays Plc are turning more upbeat on the economic outlook for Turkey and Russia, where “active
2023-09-02 20:15
UK Nears Deal on £500 Million Support for Tata Steel, Sky Says
The UK and Tata Steel Ltd. are coming closer to agreeing on an aid package that would see
2023-09-02 19:57
Charting the Global Economy: US Soft Landing Case Grows Stronger
US inflation cooled even as the job market remained resilient, bolstering the case that the Federal Reserve can
2023-09-02 18:15
ECB’s Wunsch Says ‘Bit More’ Probably Needed on Rate Hikes
The European Central Bank might need to raise interest rates further before coming to a pause in its
2023-09-02 16:52