Yen at 140 Opens Door to More Weakness But Not Intervention This Time
The yen is close to hitting a bottom against the dollar, and is unlikely to weaken to levels
2023-05-26 16:24
Take Five: Push and pull
Key jobs figures in the United States, Chinese business activity data and European inflation readings are giving more
2023-05-26 15:57
Market Optimism Over Debt Deal May Pave Way for Monday Selloff
Markets are largely in the green Friday but strategists warn there’s still a prospect US debt-ceiling negotiations break
2023-05-26 15:53
Morgan Stanley Asia Job Cuts Include Key China Bankers, Six MDs
Morgan Stanley is letting go of at least six managing directors, including some key China bankers, as part
2023-05-26 15:26
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
2023-05-26 15:18
Hungary Budget Overruns Are Becoming an Issue for Investors
Hungarian Prime Minister Viktor Orban’s government is pushing back against growing criticism over fiscal management that investors say
2023-05-26 14:58
Column-Sterling caught between rate spike and gilt rupture: Mike Dolan
By Mike Dolan LONDON Britain's interest rate horizon skyrocketed this week on another alarming inflation reading that some
2023-05-26 14:28
UK Retail Sales Bounce Back More Than Expected After Wet March
UK retailers saw sales jump more than expected last month, recovering from heavy rain that kept people home
2023-05-26 14:28
Stocks tiptoe toward US debt denouement; Japan sparkles
By Tom Westbrook SINGAPORE Asia's stock markets were cautiously higher on Friday, with Japan leading gains, while the
2023-05-26 14:18
Dollar eyes third weekly gain as higher US rate expectations gather steam
By Rae Wee SINGAPORE The dollar eased on Friday but remained near a two-month high against its major
2023-05-26 14:15
Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner
China’s central bank will likely cut the reserve requirement ratio for major banks earlier than expected as the
2023-05-26 13:59
French Grocer Casino to Talk With Creditors as Conciliation Process Starts
Casino Guichard-Perrachon SA said it will start debt talks with creditors after a Paris court decided to open
2023-05-26 13:50