China’s $23 Trillion Local Debt Mess Is About to Get Worse
In 2021, a remote coal town in northeastern China was forced to undergo an unprecedented financial restructuring. Its
2023-05-22 07:29
Stock Futures Decline, Currencies in Tight Ranges: Markets Wrap
Equity futures for US and Asian stock benchmarks slid while currencies held within tight ranges in a cautious
2023-05-22 07:15
Traders Brace for Volatility With US Debt Deal Still Elusive
Investors are girding for spikes in currency volatility and losses in equities as the US struggles to clinch
2023-05-22 04:47
McCarthy Says Debt-Limit Talks With Biden Will Resume Monday
House Speaker Kevin McCarthy said he and President Joe Biden will meet Monday afternoon and negotiators will resume
2023-05-22 01:28
McCarthy Plans to Speak with Biden Within the Hour on Debt
House Speaker Kevin McCarthy said he expects to speak with President Joe Biden within the next hour on
2023-05-21 22:59
Bond Market Caught Between Fears of US Debt Default, Rate Hikes
Bond traders are losing faith that the Federal Reserve is done tightening monetary policy and will ride to
2023-05-21 04:21
US Inflation Set to Stay Firm in Challenge for the Fed
The latest marker of underlying US price pressures will offer little hope of settling the debate among Federal
2023-05-21 04:19
Ghana’s Public Debt Falls by a Fourth on External Obligations
Ghana’s public debt declined by a quarter at the end of December from the previous month as the
2023-05-20 21:46
Treasury's Cash Pile Shrinks Further as Debt-Ceiling Talks Stall
Yields on US Treasury bills that mature in early June have resumed climbing as the federal government’s coffers
2023-05-20 05:26
Powell Signals a June Pause, Says Fed Can Afford to Watch Data
Federal Reserve Chair Jerome Powell gave a clear signal he is inclined to pausing interest-rate increases next month
2023-05-20 00:21
Yuan’s Biggest Weekly Loss in Three Months Tests PBOC Tolerance
China’s yuan is depreciating at the fastest pace in three months and the central bank, for now, isn’t
2023-05-19 14:23
Pakistan Investors Brace for Thunderbolt as Imran Khan Tests Army
Pakistan investors are bracing for a sudden jolt as former premier Imran Khan’s showdown with the powerful military,
2023-05-19 09:28