EBRD Sees Challenge to Dollar from Russia’s Trade in Yuan
Russia’s rising trade in the yuan in the wake of the war in Ukraine and western sanctions may
2023-09-27 13:51
Evergrande’s Billionaire Chairman Hui Is Under Police Surveillance
Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, has been placed under police
2023-09-27 11:59
Australian Inflation Quickens, Keeping Rate Hike in Play
Australia’s monthly inflation gauge accelerated in August, reflecting global trends as oil prices jumped, bolstering the case for
2023-09-27 11:26
Asia Stocks Set to Decline Amid Bearish Sentiment: Markets Wrap
Asian stocks look set to follow Wall Street lower as investors contemplate a protracted period of higher interest
2023-09-27 08:23
Economists Say Bank of Canada Is Done But Rates to Stay Elevated
The Bank of Canada will hold its key interest rate near the current level of 5% until the
2023-09-27 00:55
Morocco Seen Holding Rates as it Grapples With $12 Billion Earthquake Recovery Bill
Morocco is expected to keep interest rates unchanged for the next quarter to help finance the hefty cost
2023-09-26 13:48
Appeals Court Refuses to Allow US to Limit Oil Drilling Auction
A federal court upheld a ruling forcing the Biden administration to expand its sale of offshore drilling rights
2023-09-26 11:49
China Property Recovery Up to a Year Away, Ex-PBOC Adviser Says
China’s property market could take as long as a year to recover, according to a former central bank
2023-09-26 08:45
Asia Shares Look Mixed as Bonds Sink, Dollar Rises: Markets Wrap
Asian shares are poised for a subdued opening on Tuesday as concerns about China’s property sector re-emerge. Wall
2023-09-26 08:29
Lagarde Repeats ECB Rates to Stay Restrictive as Long as Needed
European Central Bank President Christine Lagarde reiterated that borrowing costs will remain elevated for as long as needed
2023-09-25 21:56
EU Set to Propose Rules to Allow Germany E-Fuels for Cars
Germany has led a monthslong crusade to extend the use of internal combustion engines under the European Union’s
2023-09-25 21:26
Australia Warns of Multi-Billion Dollar Climate Disaster Costs
Australian Treasurer Jim Chalmers highlighted the soaring cost of disaster management in his nation ahead of a potentially
2023-09-25 21:24