Italy Challenges EU by Using Deficit to Fund Election Vows
Italy will manage to bring its budget deficit below the limit set by the European Union only in
2023-09-28 15:58
India’s Current Account Deficit Widens Out-Pacing Estimates
India’s current account deficit widened more than expected in the June quarter as imports outpaced exports amid a
2023-09-28 15:46
TikTok’s E-Commerce Ambitions Stall as Global Backlash Grows
Teten Masduki couldn’t stop talking about TikTok. In a July meeting with his team, the Indonesian minister broke
2023-09-28 14:15
Vedanta Is Preparing to De-Merge Sprawling Operations
Vedanta Ltd. is preparing to spin off businesses into several listed entities in a broad restructuring that, if
2023-09-28 12:49
China’s Defense Minister Skips First Event Since Graft Reports
Chinese Defense Minister Li Shangfu mysteriously missed a key meeting attended by President Xi Jinping, bolstering reports he’s
2023-09-28 11:25
China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:48
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
2023-09-28 09:57
TikTok’s E-Commerce Ambitions Dealt Blow as Indonesia Adds Curbs
Sea Ltd. gained a further 5% after Indonesia introduced sweeping regulations that will curb arch-foe TikTok’s efforts in
2023-09-28 09:55
China Sovereign Debt Sales Surge to Test PBOC Liquidity Support
A surge in Chinese sovereign debt issuance is heaping pressure on the central bank to keep funding conditions
2023-09-28 07:23
US Mortgage Rate Climbs to 22-Year High of 7.41%, Curbing Demand
US mortgage rates jumped last week to the highest level since 2000, taking a toll on already depressed
2023-09-27 19:59
Dubai Starts Repaying Bailout Loan as Part of Huge Debt Cutback
Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and country’s central bank, as
2023-09-27 16:47
ECB’s Holzmann Says Shocks Could Force ECB to Raise Rates Again
It’s unclear whether the European Central Bank has lifted borrowing costs to their peak, with the persistence of
2023-09-27 16:25