Germany Endures First Recession Since Covid on Consumer Weakness
Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape
2023-05-25 15:48
US Credit Rating at Risk of Fitch Cut on Debt-Limit Impasse
The tension around the US debt-limit negotiations ratcheted up after Fitch Ratings warned the nation’s AAA rating was
2023-05-25 11:48
McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to
2023-05-25 11:23
Bank of Korea Holds Rate, Lowers Growth View as Risks Mount
The Bank of Korea left its policy rate unchanged for a third straight meeting and lowered its growth
2023-05-25 10:20
Singapore Sees Travel Boom Shielding Economy From Recession
Singapore is confident that a rebound in travel that’s boosting the services sector will help the island’s economy
2023-05-25 09:47
Nasdaq Futures Jump on Nvidia; Yen Rises on Fitch: Markets Wrap
US stock futures opened higher at the start of Asian trading on Thursday as risk sentiment turned positive
2023-05-25 07:16
South Africa Set for Big Rate Hike as Policy Missteps Hit Rand
South Africa is poised to lift interest rates for a 10th straight meeting to alleviate pressure on the
2023-05-24 21:29
Lula Lashes Out and Sends Warning to Central Bankers Everywhere
There are few, if any, leaders in the world who are publicly lashing out at central bankers more
2023-05-24 20:28
IMF Chief Reassures on Debt Deal; Roubini Sees Risk: Qatar Forum
The International Monetary Fund’s Kristalina Georgieva expressed confidence that the US will reach a deal on the debt
2023-05-24 20:18
UK Price Shock Sends Bond Yields to Levels Last Seen Under Truss
UK bond yields are back to where they were when Liz Truss was in No. 10 after a
2023-05-24 18:54
UK’s Stubbornly High Inflation Fuels Bets for Higher Rates
Britain’s inflation rate remained much stronger than expected, with the fastest increase in services and core prices in
2023-05-24 15:16
Putin’s Central Bank Is Also on the Battlefield in Ukraine
President Vladimir Putin has increasingly put Russia’s economy on a war footing since his invasion of Ukraine. The
2023-05-24 13:15