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
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
Russia’s Rupee Trap Is Adding to $147 Billion Hoard Abroad
A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in
2023-06-01 16:52
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
Biggest Crypto Stablecoin Recovers All Value Lost in 2022 Crash
Tether Holdings Ltd.’s stablecoin has recovered all of the roughly $20 billion in market value it lost following
2023-06-01 15:47
Nomura Sees Indian Economy Slowing After Growth Surprise
India’s strong economic growth momentum could slow in the coming months, making the central bank shift focus from
2023-06-01 15:27
Dollar retreats as Fed pause eyed; US debt deal clears House
By Rae Wee SINGAPORE The dollar drifted from a two-month high on Thursday as investors trimmed bets the
2023-06-01 14:22
China's small and medium-sized factories post surprise growth, easing market anxiety
A key gauge of China's small- and medium-sized factories showed their surprise return to expansion last month, which eased market anxiety about growth stalling in the world's second largest economy.
2023-06-01 13:58