Euro slips as Germany enters recession, dollar hits 2-month peak
By Kevin Buckland and Samuel Indyk LONDON The euro dropped on Thursday as Europe's largest economy Germany was
2023-05-25 16:47
Bank Indonesia Holds Rate Steady Even as Risks to Rupiah Mount
Indonesia’s central bank held its benchmark interest rate for a fourth straight meeting, even as a deadlock in
2023-05-25 15:53
China Warnings Flash Across Global Markets as Growth Disappoints
China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity
2023-05-25 15:51
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:46
Singapore Dollar at Record High Versus Ringgit on China Worries
The Singaporean dollar surged to the strongest level on record against the Malaysian ringgit, with the latter suffering
2023-05-25 14:20
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
2023-05-25 14:19
Pakistan Growth Slows Sharply as Economic Challenges Mount
Pakistan’s economic growth slowed sharply to one of the lowest levels in its history as its woes intensify
2023-05-25 13:19
ECB Must Still Raise Interest-Rates More, Vasle Tells Delo
The European Central Bank must lift borrowing costs further to return inflation to its target, Governing Council member
2023-05-25 12:28
Argentina Seeks Bigger China Swap Line to Curb Peso Selloff
Argentina’s government is asking China for an expansion of its bilateral currency swap in yuan as it seeks
2023-05-25 12:19
Singapore Says Aspects of US-China Rift ‘Appear Insurmountable’
The widening rift between the world’s two biggest economies, the US and China, now looks in some regards
2023-05-25 11:54
Bank of Korea Holds Rate, Lowers Growth View as Risks Mount
The Bank of Korea left its policy rate unchanged for a third straight meeting and lowered its growth
2023-05-25 10:56
McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to
2023-05-25 10:51