Zambia Debt Deal Spurs Rally in Distressed Emerging Markets
Bonds of developing nations in debt distress gained on Friday in a broad relief rally sparked by Zambia’s
2023-06-23 20:52
Fed’s Bostic Says Tackling High Inflation Is Top Priority
Federal Reserve Bank of Atlanta President Raphael Bostic said defeating elevated inflation was the US central bank’s top
2023-06-23 20:46
Pinstripes Restaurant Chain Reaches Deal to Go Public Via SPAC
Pinstripes Inc., the restaurant chain that combines bowling and bocce with Italian fare, is going public in a
2023-06-23 19:21
Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is
2023-06-23 19:15
Andrew Sentance Says Markets ‘Jumping The Gun’ With 6% Rate Bets
A former Bank of England policy maker who has criticized officials for failing to rein in inflation more
2023-06-23 18:16
UK Firms Say Wages Add to Inflation Pressures Despite Slowdown
British businesses said staff shortages that are forcing them to drive up wages are adding to the cost
2023-06-23 16:46
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:24
Germany Loses Momentum as Services Slowdown Weighs on Economy
Germany’s economic activity lost much more momentum than anticipated in June, driven by a slowdown in services and
2023-06-23 15:56
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent
2023-06-23 14:59
Koreas Speed Up Drone Race After Unprecedented Incursions
As the two Koreas near the anniversary of the start of their conflict in 1950, both sides are
2023-06-23 13:16
Stubborn UK Inflation Triggers a Mortgage Crisis for Millions
Britain’s mortgage market has become a horror show for borrowers and the government as soaring interest rates threaten
2023-06-23 12:18
Yen Traders on Verbal Intervention Watch as Weakness Extends
Tokyo’s FX traders are scanning the airwaves for official comments as the yen slumps toward levels where the
2023-06-23 11:24