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
Oil Rally Sputters as Risk-Off Sentiment Proliferates Markets
Oil shed most of its gains with sentiment deteriorating fast as the clock ticks on US debt ceiling
2023-05-25 01:57
Chile Central Bank Tightens Credit Conditions, Citing Higher Global Risk
Chile’s central bank raised capital requirements on financial institutions, tightening credit conditions amid concern over the risk a
2023-05-25 00:45
Canada's household debt is now highest in the G7
Household debt also exceeds Canada's entire GDP, housing agency data reveals.
2023-05-24 21:56
Nvidia’s $400 Billion Rally Is Set for Reality Check
The rally that’s added roughly $400 billion to Nvidia Corp.’s market value this year is about to be
2023-05-24 21:53
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
Bank of Montreal Misses Forecast; Loan-Loss Set-Asides Grow
Bank of Montreal posted a surprise drop in fiscal second-quarter profit as it set aside a larger provision
2023-05-24 20:29
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