ECB’s Knot Says More Hikes May Be Needed If Inflation Stays High
European Central Bank Governing Council member Klaas Knot warned that prolonged inflation may prompt further increases in borrowing
2023-06-07 17:54
Turkish lira crashes as new government sets sights on 'rational' policies
Turkey's lira has plunged 7% to a record low in its biggest daily selloff since a historic 2021 crash, as the newly elected government appeared to loosen currency stabilizing measures in its switch to more mainstream policies.
2023-06-07 17:53
Dam Destroyed in the Dead of Night Upstages Ukraine’s Counteroffensive
The 24 hours before Tuesday’s flooding of the Dnipro River basin were already dramatic, as Ukraine appeared on
2023-06-07 17:28
Aramco, ENI, United Airlines invest in UK-based low-carbon fuel venture
NEW YORK The venture units of oil firms Saudi Aramco and Italy's ENI have joined the world's largest
2023-06-07 17:27
BlackRock’s China Head Resigns Just as Competition Heats Up
BlackRock Inc.’s head of China operations resigned, adding to the company’s challenges as competition intensifies in the 130
2023-06-07 17:23
Taiwan May exports drop again as China weighs; outlook stays dim
TAIPEI Taiwan's exports fell for a ninth consecutive month in May, although meeting expectations, in a symptom of
2023-06-07 17:22
Overly optimistic markets might be caught out by rate hikes, ECB's Knot says
AMSTERDAM Inflation expectations in financial markets seem overly optimistic, increasing the risk of renewed stress if monetary policy
2023-06-07 17:19
Japan’s Kishida Unveils Policy Proposal Ahead of Potential Polls
Japanese Prime Minister Fumio Kishida proposed a long list of policy targets for this year, as speculation continues
2023-06-07 17:18
Turkish lira declines to record lows following start of Erdogan's new presidential term
The Turkish lira has tumbled to fresh record lows and extended its slide against the U.S. dollar
2023-06-07 16:59
WE Soda Presses Ahead With UK IPO Likely to Be London’s Biggest Listing of 2023
WE Soda, the world’s largest producer of natural soda ash, confirmed its intention to seek a listing on
2023-06-07 16:55
UK set to have highest inflation among big economies in 2023-OECD
LONDON Britain will have the highest inflation of any leading economy in 2023, according to forecasts from the
2023-06-07 16:51
Turkish Lira Plunges as State Banks Retreat From Defense
The Turkish lira plunged the most in more than a year to a new record on Wednesday as
2023-06-07 16:51