Hong Kong Cash Demand Sends Local Bank Rate to 16-Year High
A gauge of bank funding costs in Hong Kong jumped to the highest in 16 years, as year-end
2023-11-27 12:27
Australia Names Ex-Bank of England Official as New RBA No. 2
Australia’s government announced former Bank of England official Andrew Hauser will be the new deputy governor of the
2023-11-27 11:46
China Industrial Profit Growth Eases Amid Deflation Pressures
Profits at China’s industrial companies rose at a much slower pace in October than the prior month as
2023-11-27 10:23
Two Australia Pension Giants Pledge $19 Billion for UK, Europe
Two of Australia’s largest pension investors pledged to pour $19 billion into UK and European markets in coming
2023-11-27 09:57
Won Seen Having Upper Hand Over Baht as Asia’s Best Currency
The South Korean won will probably maintain its lead as the best-performing Asian currency this quarter, keeping ahead
2023-11-27 09:16
Sumitomo Mitsui CEO Ohta, Who Pushed Asia Expansion, Dies at 65
Sumitomo Mitsui Financial Group Inc.’s Chief Executive Officer Jun Ohta, who pursued an aggressive expansion abroad during his
2023-11-27 08:59
Sierra Leone Arrest Attackers After Assault on Strategic Army Base
Sierra Leone security forces arrested several perpetrators who attacked a key military base in the capital Freetown and
2023-11-27 08:49
Four-Year-Old Girl’s Release Followed Weeks of Talks Via Qatar
The release of a 4-year-old American girl by Hamas followed weeks of behind-the-scenes efforts by the Biden administration
2023-11-27 08:29
Hong Kong’s Stressed Developers Start to Turn to Private Credit
Private credit lenders are circling distressed property developers in Hong Kong, with a record $23.4 billion of bank
2023-11-27 08:28
Yuan’s Recovery Gains Momentum as Seasonal Tailwind Kicks In
China’s yuan is set to be boosted by year-end tailwinds and by speculation its recent rebound will encourage
2023-11-27 08:19
Oil Steadies After Three-Day Drop Ahead of Postponed OPEC+ Meet
Oil steadied after a three-day drop on signs OPEC+ may deepen production cuts when it holds its postponed
2023-11-27 08:18
Sunak Says Claims UK Heading for Austerity ‘Simply Unfounded’
Rishi Sunak denied his economic plans are about to deliver a fresh bout of UK austerity, even as
2023-11-27 06:57