China Considers Moving Stakes in Bad Banks to Sovereign Wealth Fund
China is considering transferring government ownership in the nation’s biggest bad-debt managers to a unit of its sovereign
2023-05-19 11:51
Asian Stocks Set for Mixed Open After US Rally: Markets Wrap
Stocks in Asia are set for a mixed open, with optimism that the US will be able to
2023-05-19 06:48
Philippines Takes ‘Prudent Pause’ From Hikes as Growth Cools
The Philippine central bank halted its most aggressive monetary tightening in two decades in a move it calls
2023-05-18 16:28
Turkey’s Lira Defense Moves Into Full Swing Before Runoff
Turkey’s central bank is moving in full force to defend the lira ahead of the runoff presidential election
2023-05-18 13:25
Asia to Follow US Stock Gains on Debt-Ceiling Bets: Markets Wrap
Asian equities were headed for gains after US stocks rallied on signs of optimism from debt-ceiling talks, allowing
2023-05-18 07:54
Regional Bank Stocks Bounce for Strongest Rally in Two Years
Shares of US regional banks rallied after Western Alliance Bancorp said deposits had grown by more than $2
2023-05-18 04:47
Yuan Slides Past Seven Per Dollar After China Data Disappoint
The yuan slid past the key 7 per dollar level in offshore trading for the first time since
2023-05-17 12:58
Biden Drops Australia, Papua New Guinea Visit for Debt Talks
President Joe Biden has scrapped planned stops in Australia and Papua New Guinea following his trip to Japan
2023-05-17 10:45
Asia Stocks Set for Mixed Open; US Futures Muted: Markets Wrap
Asian equities look set for mixed start Wednesday while US contracts posted muted gains after leaders in Washington
2023-05-17 07:48
Petro Says Colombia Must Respond to High Rates With Tariffs
Colombian President Gustavo Petro urged commercial banks to cut interest rates on loans and added that central bank
2023-05-13 10:22
Popular China Stock Trade Runs Into Geopolitical, Growth Risks
Intensifying geopolitical tussle and dimming economic outlook is threatening to nip one of the few winning China stock
2023-05-13 08:24
Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
The Federal Reserve will likely need to raise interest rates further and hold them higher for some time
2023-05-12 15:28