Economists See India’s First Rate Cut in 2024 for Durable Growth
Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first
2023-05-31 10:49
Moody’s Cuts Bangladesh Rating on Reserves, Market Distortions
Moody’s Investors Service lowered Bangladesh’s credit rating as the nation’s foreign-exchange reserves dwindle while unconventional policies such as
2023-05-31 10:47
Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil held its biggest decline in four weeks on signs of weaker demand and sufficient supply ahead of
2023-05-31 10:45
Chinese Stocks Extend Rout as Factory Gauge Contracts Again
A key gauge of Chinese stocks was again poised to enter a bear market after flirting with the
2023-05-31 10:29
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong
2023-05-31 10:22
Veteran Trader Sees China Assets Hobbled for Three More Years
Global investors will avoid China assets for another three years as the nation keeps its interest rates low
2023-05-31 10:20
Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure
Australian inflation accelerated, snapping three months of easing, sending government bond yields higher as traders fretted about potentially
2023-05-31 10:18
China’s Factory Slump Worsens in Sign of Weak Economic Recovery
China’s manufacturing activity contracted for a second straight month in May, providing more evidence the post-Covid recovery in
2023-05-31 09:45
Japan’s Factory Output Drops in Weak Start to Second Quarter
Japan’s factory output unexpectedly declined for the first time in three months in April amid a global slowdown,
2023-05-31 09:23
Debt Deal Clears Crucial Hurdle, Setting Up Wednesday House Vote
The debt-limit deal struck by the White House and House Republican leadership has cleared a crucial early hurdle
2023-05-31 09:15
Billionaire’s Chip Dreams Stymied as India Set to Deny Funding
India’s government is poised to deny crucial funding for billionaire Anil Agarwal’s chip venture, a setback for a
2023-05-31 08:23
Kospi Climbs 20% From September Low, Heads for Bull Market
South Korea’s equity benchmark headed for a bull market as purchases by foreign investors helped boost shares of
2023-05-31 08:16