Turkey’s Runoff Election Has Investors Bracing for More Pain
Financial markets are signaling that more pain is to come in Turkey’s financial markets, as long-time leader President
2023-05-26 16:27
Yen at 140 Opens Door to More Weakness But Not Intervention This Time
The yen is close to hitting a bottom against the dollar, and is unlikely to weaken to levels
2023-05-26 16:24
Swiss Minister Calls Credit Suisse Managers ‘Arsonists’
Switzerland’s Finance Minister Karin Keller-Sutter denied government responsibility for the near-collapse of Credit Suisse Group AG in March,
2023-05-26 16:22
British Airways Cancels Flights for Second Day After IT Outage
British Airways was forced to cancel more of its short-haul flights from Heathrow on Friday following a computer
2023-05-26 16:21
UK’s Sunak Planning to Deport 3,000 Asylum Seekers Per Month
The UK government is planning to deport thousands of asylum seekers per month from next year, a person
2023-05-26 16:21
Morgan Stanley Asia Job Cuts Include Key China Bankers, Six MDs
Morgan Stanley is letting go of at least six managing directors, including some key China bankers, as part
2023-05-26 15:26
China Reopening Drives Demand for Industrial Land in Thailand
WHA Corp., Thailand’s largest industrial estate developer, expects a pickup in return of Chinese investors following the reopening
2023-05-26 15:24
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
2023-05-26 15:18
Hungary Budget Overruns Are Becoming an Issue for Investors
Hungarian Prime Minister Viktor Orban’s government is pushing back against growing criticism over fiscal management that investors say
2023-05-26 14:58
Deaths From Heatstroke Rise in Japan, Prompting Countermeasures
Climate change is killing the elderly in Japan and the government wants to stop it. An average of
2023-05-26 14:18
Weak Rand, Government Missteps Deny South Africans Rates Relief
South Africa’s central bank is reluctant to pivot away from policy tightening after raising its benchmark interest rate
2023-05-26 13:59
Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner
China’s central bank will likely cut the reserve requirement ratio for major banks earlier than expected as the
2023-05-26 13:59