Hong Kong Overnight Funding Costs Surge to Highest Since 2007
The cost to borrow overnight in Hong Kong jumped to a 16-year high as official efforts to enforce
2023-05-11 15:53
Europe, US Futures Rise; China Dips on Growth Fear: Markets Wrap
European and US stock futures rose as investors weighed fresh inflation data while Chinese equities were broadly lower
2023-05-11 14:52
ECB’s Nagel Says Nothing Off the Table for September Meeting
European Central Bank Governing Council member Joachim Nagel refused to exclude that interest-rate increases may persist beyond the
2023-05-11 14:50
Global Finance Chiefs to Plot Escape Routes for World Economy
A summer laced with economic strains looms for the world’s richest economies. In the US, President Joe Biden
2023-05-11 14:46
Pakistan Latest: Army Deployed as Imran Khan Arrest Fuels Unrest
Pakistan’s government called in the military to help end violent protests after former premier Imran Khan was arrested
2023-05-11 12:20
RBA Peak Rate Scenario of 4.8% Saw Faster Price Drop, No Slump
Australia’s central bank considered alternative policy scenarios where its cash rate peaked at 4.8%, a level that returned
2023-05-11 11:50
Philippine Economic Growth Beats Amid Inflation, Rate Hikes
The Philippine economy expanded faster than expected in the first quarter, as resilient post-pandemic demand helped defy elevated
2023-05-11 11:48
Costa Rica’s President Declares an End to Decades of Reckless Debt and Deficits
Costa Rica’s days of living beyond its means and running up reckless amounts of debt are over, said
2023-05-10 22:19
Pakistan Latest: Imran Khan Faces Court Amid Tight Security
Pakistan’s former premier Imran Khan will appear at an anti-graft tribunal Wednesday after his dramatic arrest led to
2023-05-10 13:52
Egypt’s Inflation Ends Nine-Month Surge by Taking Short Breather
Inflation in urban parts of Egypt eased for the first time since June 2022, providing a reprieve that
2023-05-10 13:45
Australia Sticks to Budget Restraint, Joining Inflation Battle
Australia’s center-left Labor government is taking a path of fiscal restraint as it tries to strengthen its economic
2023-05-10 09:24
Asian Stocks Tick Lower Ahead of US Inflation Data: Markets Wrap
Asian equities opened slightly lower on Wednesday ahead of a critical inflation report and as the US debt
2023-05-10 08:48