Singapore Bids Libor Farewell With Surge in SORA Derivatives
Singapore’s financial markets have rapidly switched to a new lending benchmark as the city-state joins the world in
2023-06-30 11:53
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:19
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:15
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:24
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
2023-06-30 09:45
Meituan Joins AI Race by Buying Co-Founder’s Months-Old Firm
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-30 08:45
Inventor of ‘Balance-Sheet Recession’ Says China Is Now in One
China is falling into a “balance-sheet recession” and needs to ramp up fiscal stimulus quickly to address the
2023-06-30 06:50
China Regulators Step Up Yuan Surveys as Currency Slump Worsens
China’s regulators are stepping up scrutiny of currency trading and cross-border capital flows, according to people familiar with
2023-06-29 18:15
US Probe Finds Chinese Balloon Used American Tech, WSJ Says
The alleged Chinese spy balloon that floated over the continental US earlier this year was equipped with American-made
2023-06-29 16:25
BlackRock, Schroders Hunt China Deals in Growing Private Markets
Global fund managers building out private markets activities in China are finding lucrative opportunities to deploy capital even
2023-06-29 13:51
China on Track to Blow Past Xi’s Clean Power Goal Five Years Early
China is on track to almost double its wind and solar capacity by 2025 and blow past the
2023-06-29 11:49
China’s Arsenal of FX Support Is Ready as Yuan Pessimism Lingers
China may need to dig deeper into its policy kit to arrest a slide in the yuan, if
2023-06-29 11:22