Yen Slumps to 2023 Low as Japan Intervention Debate Intensifies
The yen slumped past levels that have seen Japan wade into the currency market in the past, putting
2023-08-17 06:59
China Leaders Vow to Lift Consumption Without Detailing How
China’s top leaders pledged to expand domestic consumption and support the private sector without detailing any new stimulus
2023-08-17 06:53
China Is Headwind for US, Global Economy, Treasury Official Says
US Deputy Treasury Secretary Wally Adeyemo said China’s economic issues are proving to be a headwind for the
2023-08-17 05:56
Wheat Rises After Russian Attack on Ukrainian Port on Danube
Wheat prices in Chicago rose on Wednesday after Russian drones reportedly hit a key Danube River grain port,
2023-08-17 00:16
Pig Kidney Transplanted Into Human Shows Way to Wider Use
Doctors transplanted a pig’s kidney into a brain-dead man’s body where it continued to function normally, moving the
2023-08-16 23:54
US Mortgage Rate Climbs to 7.16%, Matching Highest Since 2001
The US 30-year mortgage rate rose to 7.16% last week, matching the highest since 2001 and crimping both
2023-08-16 23:25
Summers Says 10-Year Yields Could Average 4.75% in Coming Decade
Former US Treasury Secretary Lawrence Summers cautioned that the recent run-up in 10-year yields may have further to
2023-08-16 23:18
German Cannabis Bill Passes Scholz Cabinet in Legalization Push
Germany’s ruling coalition approved a scaled-back plan to decriminalize personal use of cannabis in a first step toward
2023-08-16 18:52
LGFV From ‘High Risk’ Chinese City Draws Blowout Demand for Bond
A local government financing vehicle from one of China’s most indebted cities enjoyed overwhelming demand for a yuan
2023-08-16 17:27
Hungary’s Recession Drags On as East EU Economies Struggle
Hungary unexpectedly plunged deeper into recession for the longest economic contraction in at least 28 years as the
2023-08-16 16:22
Netherlands Unexpectedly Suffers Recession on Consumers, Trade
The Dutch economy unexpectedly succumbed to its first recession since the pandemic on weakness in both consumer spending
2023-08-16 16:17
UK Inflation Falls Less Than Expected as Transport Costs Rise
UK inflation remained higher than expected last month, adding to the case for the Bank of England to
2023-08-16 14:59