Philippines Markets Debut Islamic Bond Helped by Drop in Spreads
The Philippines marketed its first US-currency Islamic note, aiming to expand its funding base and capitalizing on a
2023-11-29 20:28
Rising Taxes to Squeeze UK Living Standards for Longer, OECD Says
Rising taxes mean UK households face several more years of falling living standards even though inflation is coming
2023-11-29 18:26
OECD Warns Global Economy Risks Losing Momentum
The world’s advanced economies are heading into a deepening slowdown as markedly higher interest rates take a hefty
2023-11-29 18:23
Fed’s Waller, Bowman Open Door to Another Interest Rate Pause in December
Two Federal Reserve officials who led the push for higher interest rates to curb inflation last year signaled
2023-11-29 04:21
Euro Climbs to $1.10 for First Time Since August as Dollar Falls
The euro advanced to $1.10 for the first time since August as the dollar sustained its weakening trend.
2023-11-29 02:57
No Prospect UK Rates Will Be Cut Soon, BOE’s Haskel Says
There is no prospect the Bank of England will loosen monetary policy anytime soon as interest rates need
2023-11-28 22:54
Brazil Inflation Cools as Central Bank Commits to Rate Cuts
Brazil’s annual inflation slowed roughly in line with expectations in early November, approaching the target range as central
2023-11-28 20:51
ECB Hikes Pull Business Lending Down for First Time Since 2015
Lending to euro-area businesses fell for the first time in eight years — adding to evidence that steep
2023-11-28 20:21
UK Inflation More Home-Grown, Says BOE Deputy Governor
UK inflation is becoming more “home-grown” and will be “challenging to squeeze out of the system,” according to
2023-11-28 17:48
PBOC Chief Warns of ‘Long and Difficult’ Economic Transformation
China’s central bank governor stressed tolerance for slowing growth in the short term as the world’s second-largest economy
2023-11-28 14:26
‘Paramilitary’ Tax Agents Deployed in Kenya Budget Revenue Drive
As the scores of young tax agents went door-to-door in Nairobi’s Eastleigh district, shopkeepers shifted nervously. President William
2023-11-28 13:16
RBA Trying to Balance Cutting Inflation Without Boosting Jobless
Australia’s central bank is in a period where it needs to be “a little bit careful” in balancing
2023-11-28 12:28