China’s Currency Defense in Focus as Rate-Cut Renews Yuan Stress
The People’s Bank of China is treading a fine line as it looks to bolster the economy without
2023-08-16 09:19
Milei to Start Talks With IMF on Argentina $44 Billion Deal
Javier Milei, the outsider who won Argentina’s primary election this week, is starting talks with the International Monetary
2023-08-16 04:52
US Retail Sales Top Forecasts, Showcasing Consumer Resilience
US retail sales rose in July by more than forecast, highlighting how the resilience of consumers is helping
2023-08-15 20:46
Surprise China Rate Cut Only Highlights Tough Choices Facing Xi
President Xi Jinping has resisted pulling the trigger on a major stimulus to revive the world’s second-biggest economy.
2023-08-15 19:18
The Fed’s Interest-Rate Debate Is Shifting
As Federal Reserve officials close in on the end of their tightening campaign, the debate is shifting from
2023-08-15 17:28
Russia Hikes Rates at Emergency Meeting After Ruble’s Crash
Russia’s central bank raised interest rates to the highest in over a year, increasing the pace of monetary
2023-08-15 16:26
European Stocks Decline as China Concerns Build; UK Stocks Lag
European equities slipped amid light trading, as China’s central bank decision to unexpectedly cut a key interest rate
2023-08-15 16:17
Yen Weakens Toward Level That Prompted September Intervention
Japan’s currency dropped toward a level that triggered the first yen-buying intervention since 1998 in September, prompting a
2023-08-15 14:28
HKEX, Banks Exploring Ways to Boost Stock, Derivatives Trading
Banks and the stock exchange in Hong Kong are discussing ways to revive moribund trading volumes. Regular meetings
2023-08-15 08:49
Japan GDP Crushes Estimates With 6% Growth on Export Gains
Japan’s economy expanded at a much faster clip than forecast, propelled by robust exports in a sign that
2023-08-15 08:47
Burning mangrove trees for a living: 'I'd quit tomorrow if I could'
Indonesia's mangrove forests are being felled to make charcoal - locals say they have to make a living.
2023-08-15 05:28
Argentina to Devalue Peso by 18% to 350 Per Dollar, Official Says
Argentina’s government finally hit the panic button. After years of trying to avoid a currency devaluation that would
2023-08-15 01:26