Debt-Limit Deal Passes the House, Easing US Default Concerns
The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints
2023-06-01 17:49
Euro-Area Core Inflation Eases But Won’t Stop ECB Raising Rates
Underlying inflation in the euro zone dipped by more than expected, though the retreat is unlikely to stop
2023-06-01 17:30
Fear of US-China Conflict Looms Over Singapore Defense Forum
Asian leaders accustomed to straddling the US-China divide are increasingly nervous that tensions between the world’s two superpowers
2023-06-01 17:29
Europe sees inflation drop to 6.1%, but real relief for consumers will take months
Europe is getting a break on inflation
2023-06-01 17:28
India, Nepal prime ministers meet to deepen ties as China's influence grows in region
Nepal’s prime minister has held talks with his Indian counterpart as India and its rival China bid for influence in the tiny Himalayan nation as part of a greater regional power struggle
2023-06-01 17:21
Senate races to avert default but vote timing unclear for debt limit bill
Senators are racing the clock to pass a bill to to suspend the nation's debt limit through January 1, 2025 -- but it's not yet clear when a final vote will take place as the threat of default looms.
2023-06-01 17:16
Larry Summers Sees UK Recession After ‘Historic Error’ on Brexit
Larry Summers has said he would be “very surprised” if the UK gets through the next two years
2023-06-01 16:54
Europe’s Unused Coal Heads to New Shores in Post-Crisis Glut
Traders are seeking buyers for piles of unused coal before it becomes worthless after the fuel was hoarded
2023-06-01 16:50
ECB’s Knot Says 2024 Rate-Cut Bets May Have to Be Adjusted
European Central Bank Governing Council member Klaas Knot said it’s “not unlikely” that investors will have to adjust
2023-06-01 16:49
Singapore, China Agree to Set Up High-Level Defense Hotline
China and Singapore agreed to work toward establishing a secure defense telephone link for high-level communications, as the
2023-06-01 16:48
Pakistan Moves to Ease Pressure on Rupee in Retail Market
Pakistan moved to ease pressure on the rupee in the open market, sending the currency surging in the
2023-06-01 16:48
ECB Warns BOJ Policy Change Could Test Global Bond Markets
A rare European Central Bank warning about the bond market risk of a Bank of Japan policy change
2023-06-01 16:28