Sri Lanka Seeks to Restructure $19.8 Billion of Local Debt
Sri Lanka is seeking to restructure about $19.8 billion of local bills and bonds, equivalent to half of
2023-06-30 15:26
China’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy Fix
It was meant to be the year China’s economy, unshackled from the world’s strictest Covid-19 controls, roared back
2023-06-30 14:55
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
Marcos Faces Philippine Growth, Investment Tests in Second Year
Philippine President Ferdinand Marcos Jr. marks his first year in office with resilient growth and improving business sentiment
2023-06-30 11:52
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
Asia Stocks Set for Muted Open After Bond Selloff: Markets Wrap
Asian stocks were set for a mixed open to the last day of the quarter on Friday following
2023-06-30 06:52
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
ECB Hiking Critics Keep Up Political Heat From Portugal to Italy
Criticism of European Central Bank monetary tightening is persisting, with a new round of attacks on Thursday from
2023-06-29 21:15
Riksbank Extends Tightening as Krona Weakness Fuels Prices
Sweden’s Riksbank raised borrowing costs and pledged accelerated bond sales, a response to stubborn inflation and a weak
2023-06-29 18:57