Final Stretch of Central-Bank Hiking Will Be Toughest, BIS Says
The unprecedented cycle of global interest-rate increases is entering its most challenging stretch as inflation threatens to become
2023-06-25 17:24
Prigozhin Turns Forces Back in Deal With Kremlin to Drop Charges
Wagner mercenary leader Yevgeny Prigozhin halted his advance toward Moscow and pulled his fighters back, defusing what had
2023-06-25 05:50
Powell Wins Over Bond Traders Dialing Back Bets on Deep Downturn
The bond market is finally getting in sync with Jerome Powell’s outlook for the economy. Traders have scrapped
2023-06-25 04:25
Wagner Chief Marches Toward Moscow in Mutiny Challenging Putin
Convoys of mercenaries loyal to Wagner leader Yevgeny Prigozhin advanced toward Moscow on Saturday, intensifying the most serious
2023-06-24 23:47
Zambia to Pay 1% Interest After ‘Mission Impossible’ Debt Deal
Zambia will pay interest rates of as low as 1% until 2037 as part of its debt restructuring
2023-06-24 23:26
UK Pension Reform May Drive Billions to Riskier Assets, FT Says
Highly-anticipated reforms of UK pensions could channel billions of pounds into fast-growing companies and boost investments in riskier
2023-06-24 21:22
Russia Latest: Wagner Leader Prigozhin Vows He Won’t Surrender
President Vladimir Putin said Russia was facing “treachery” as Wagner militia group leader Yevgeny Prigozhin started an “attempt
2023-06-24 20:53
Charting the Global Economy: BOE Surprises With Bigger Rate Hike
The Bank of England stepped up efforts to beat back the worst inflation since the 1980s by boosting
2023-06-24 17:21
Puerto Rico Eyes Cutting Utility Bond Offer by Half
Puerto Rico’s financial oversight board is considering slashing — by about half — the amount of new bonds
2023-06-24 12:58
US Treasury Secretary Yellen Sees Lower US Recession Risk, Says Consumer Slowdown Needed
Treasury Secretary Janet Yellen sees diminishing risk for the US to fall into recession, and suggested that a
2023-06-23 19:46
Stubborn UK Inflation Triggers a Mortgage Crisis for Millions
Rising mortgage payments are squeezing the finances of millions of borrowers in Britain, threatening to undermine household spending
2023-06-23 18:15
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:29