Dollar Shortage Spurs 44% Devaluation in Malawi’s Currency
Malawi devalued its currency by 44% amid a shortage of dollars that has curbed imports of fuel and
2023-11-09 21:15
Euro-Zone Soft Landing is Central Scenario, ECB’s Vujcic Says
The European Central Bank can engineer a return to price stability without too much of a hit to
2023-11-09 19:49
BOE’s Pill Says No Need for More Hikes to Suppress Inflation
The Bank of England does not need to raise interest rates further to bear down on inflation because
2023-11-09 18:54
Japan’s Cabinet Set to Green Light $88 Billion Extra Budget
Prime Minister Fumio Kishida’s cabinet is set to green light a ¥13.2 trillion ($87.5 billion) extra budget to
2023-11-09 18:28
France and Germany Ramp Up Efforts to Reach EU Fiscal Deal
France and Germany are ramping up efforts to find a joint agreement on new fiscal rules that could
2023-11-09 18:19
Philippine GDP Accelerates to Lead Region as Risks Remain
The Philippine economy remained on track to post Southeast Asia’s quickest expansion this year after a stellar third-quarter
2023-11-09 15:24
RBI Governor Says India Inflation Vulnerable to Food Price Shock
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic
2023-11-09 15:17
ArcelorMittal Profit Drops as Steel Market Demand Weakens
ArcelorMittal SA’s third-quarter profit fell as steel prices declined in key markets due to weaker demand. The world’s
2023-11-09 14:50
Treasury Rally Is Proving to Be No Panacea for Asian Bonds
Emerging Asian bonds may struggle to sustain gains spurred by the rally in Treasuries as bearish signals grow.
2023-11-09 14:20
China Slips Back Into Deflation as Recovery Remains Fragile
China slid back into deflation in October, highlighting the country’s struggle with shoring up growth through domestic demand.
2023-11-09 10:28
Ping An Sold Country Garden Stake, Has No Plans for Takeover
Ping An Insurance (Group) Co. doesn’t hold any shares in Country Garden Holdings Co. and has no plans
2023-11-08 20:57
Premature ECB Rate Cuts Would Be Costly Mistake, IMF Warns
The European Central Bank would risk a costly mistake by loosening monetary policy too soon after pausing its
2023-11-08 20:29