China Banks Offer 25-Year Loans to LGFVs to Avert Credit Crunch
China’s biggest state banks are offering local government financing vehicles loans with ultra-long maturities and temporary interest relief
2023-07-04 09:29
Crypto’s Dream of an Embrace by China Gets a Reality Check
A shakeup at China’s central bank has poured cold water on speculation that the nation may be about
2023-07-04 07:29
Drought Menacing Thailand Threatens Global Supply of Sugar, Rice
Thailand is preparing contingency plans to deal with a potential drought that could last years and squeeze global
2023-07-04 06:23
'I have been rejected by dozens of men over dowry'
A 27-year-old Indian woman has started a petition to put an end to the social evil of dowry.
2023-07-04 06:20
BOE Newcomer Greene Warns Inflation Won’t Automatically Fall
The Bank of England’s incoming rate setter Megan Greene cautioned against complacency in the fight against inflation. “It
2023-07-03 21:45
European Stocks Muted After First-Half Gains; Energy Shares Rise
European stocks were muted on Monday following gains in the first half of the year as cyclical sectors
2023-07-03 21:20
Turkish State Banks Resume Supporting Lira as Rout Deepens
Turkey’s state-run banks re-entered the foreign-currency market on Monday, selling as much as $1 billion by midday to
2023-07-03 20:47
ECB’s Rate-Hiking Campaign Has ‘Some Way to Go,’ Nagel Says
The European Central Bank’s historic series of interest-rate increases isn’t finished yet as upside risks to the inflation
2023-07-03 20:29
Saudis and Russia Extend Oil Supply Cuts, Bolstering Prices
Saudi Arabia will prolong its unilateral oil production cut by one month, keeping a lid on supply amid
2023-07-03 19:24
ECB’s Kazimir Stands Trial in Slovakia on Bribery Charges
The corruption trial of European Central Bank Governing Council member Peter Kazimir began on Monday, threatening embarrassment to
2023-07-03 17:51
Oil Traders Transfixed as Activity on Platform Jumps
The trading of Middle Eastern oil derivatives on a closely-watched platform that helps set crude benchmarks and shape
2023-07-03 17:50
BofA Sees 700 Basis-Point Nigeria Rate Hike as Inflation Surges
Nigeria may need to increase interest rates by at least 700 basis points before the end of the
2023-07-03 17:28