Zambia Reaches Deal With Bondholders on Debt Restructuring
Zambia’s government reached an agreement in principle with a steering committee of holders of $3 billion in eurobonds
2023-10-26 17:20
Philippines Announces Quarter-Point Rate Hike in Off-Cycle Move
The Philippine central bank resumed tightening monetary policy as it lifted its benchmark interest rate by 25 basis
2023-10-26 15:51
Biden Asks Congress for $56 Billion in Domestic Spending
President Joe Biden is asking lawmakers to approve just under $56 billion in disaster relief and other domestic
2023-10-26 10:19
Hurricane Otis Lashes Mexico After Landfall Near Acapulco
Hurricane Otis’s top winds are weakening with its move across southern Mexico, drenching the region with flooding rains
2023-10-25 21:24
German Business Outlook Improves, Feeding Rebound Hopes
Germany’s business outlook improved slightly, supporting expectations for Europe’s largest economy to rebound modestly — even as it
2023-10-25 17:58
Israel’s Rating Outlook Cut to Negative by S&P on War Risks
Israel’s credit outlook was cut by the last of the three major rating companies that kept it at
2023-10-25 17:49
Zimbabwe Cedes Highest Interest Rate Title to Argentina
Zimbabwe gave up its unenviable position of having the world’s highest interest rate to Argentina, after slashing borrowing
2023-10-25 16:49
Kokusai Electric Soars 28% After Japan’s Biggest IPO Since 2018
Japanese chip-equipment maker Kokusai Electric Corp. jumped in Tokyo on Wednesday after the largest initial public offering in
2023-10-25 16:28
Indonesia’s Wijaya Karya Gets Investor Nod to Delay Bond Payment
PT Wijaya Karya won investors’ approval to defer payment for its 331 billion rupiah ($21 million) bonds due
2023-10-25 14:45
China Ousts Defense Minister, Ending Mystery Over His Status
China’s Li Shangfu became the nation’s shortest-serving defense minister ever, ending months of speculation over his status, as
2023-10-25 08:15
UK Is Losing Jobs at the Sharpest Pace Since the Pandemic
The UK economy lost jobs again in the quarter though August, marking the longest drop in employment since
2023-10-24 15:22
House Republicans Plan Another Vote to Choose a New Speaker
House Republicans plan to try on Tuesday to choose a nominee for speaker after the party’s two previous
2023-10-24 11:27