Taiwan Pauses Rate Hikes as Focus Shifts to Flagging Economy
Taiwan’s central bank kept its key rate on hold for the first time since 2021 at its board
2023-06-15 16:49
Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
2023-06-15 13:21
Asia Stocks Rise as Fed Holds, China Cuts Key Rate: Markets Wrap
Asian stocks climbed Thursday after the Federal Reserve paused monetary tightening and China’s central bank cut a key
2023-06-15 11:53
China’s Property Investment Slump Deepens With Home Demand Weak
Chinese real estate investment slumped further in May, showing both extended weakness in a key engine for economic
2023-06-15 11:45
Australian Jobs Surge Boosts Rate-Hike Bets as Inflation Lingers
Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to
2023-06-15 11:28
Canada Cuts Ties With Asian Infrastructure Bank on Claims of Chinese Interference
Prime Minister Justin Trudeau’s government stopped Canada’s work with the Asian Infrastructure Investment Bank while it investigates claims
2023-06-15 11:23
IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen
The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout
2023-06-15 10:29
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:15
Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal
2023-06-15 09:17
Strategists See Resilience in Asia FX, Stocks After Fed
Asian stocks and emerging-markets currencies should be resilient while short-end bond yields are likely to move higher. Those
2023-06-15 07:58
New Zealand’s Economy Falls Into Recession, Currency Drops
New Zealand’s economy contracted in the first quarter, confirming that a recession began in the final three months
2023-06-15 07:50
Volkswagen’s Canadian Subsidy Won’t Be Taxable, Minister Says
Volkswagen AG won’t have to pay taxes on C$13.9 billion ($10.4 billion) in subsidies for its new battery
2023-06-15 03:27