IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen
The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout
2023-06-15 10:29
Stocks stall as US rates seen higher for longer
By Tom Westbrook SINGAPORE Asian stocks braked around two-month highs on Thursday, while the dollar nursed modest losses,
2023-06-15 10:27
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:15
Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal
2023-06-15 09:17
Strategists See Resilience in Asia FX, Stocks After Fed
Asian stocks and emerging-markets currencies should be resilient while short-end bond yields are likely to move higher. Those
2023-06-15 07:58
New Zealand’s Economy Falls Into Recession, Currency Drops
New Zealand’s economy contracted in the first quarter, confirming that a recession began in the final three months
2023-06-15 07:50
Volkswagen’s Canadian Subsidy Won’t Be Taxable, Minister Says
Volkswagen AG won’t have to pay taxes on C$13.9 billion ($10.4 billion) in subsidies for its new battery
2023-06-15 03:27
HSBC to Raise UK Mortgage Prices for Second Time in Under a Week
HSBC Holdings Plc told brokers it will raise prices on UK residential and buy-to-let mortgages starting Thursday, its
2023-06-14 19:24
Nigeria Said to Be Near Decision to Let Naira Trade More Freely
Nigeria is on the verge of making a decision to allow its local currency to trade more freely
2023-06-14 19:16
Ukraine Recap: Putin on Weapons, US Vows More Arms for Kyiv
President Vladimir Putin acknowledged Russian troops fighting in Ukraine lack sufficient advanced weapons, as Kyiv’s forces reported some
2023-06-14 17:20
Oil Demand Growth to Slow Sharply as Peak Nears, IEA Says
Global oil demand growth will taper off over the next few years as high prices and Russia’s invasion
2023-06-14 16:48
France Gains Ground in Bid for Renewable Energy Carve-Out
France moved closer to securing a carve-out from the European Union’s plans to massively scale up renewable energy
2023-06-14 15:59