Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:29
Euro-Zone Activity Almost Stalls as Recession Rebound Fades
Economic momentum in the euro area almost came to a halt in June, signaling an end to the
2023-06-23 16:21
Lira Extends Slump as Simsek Emphasizes Free Market Principles
Turkey’s lira extended its slide from Thursday after Treasury and Finance Minister Mehmet Simsek emphasized that he favors
2023-06-23 15:16
UK Retail Sales Rise Unexpectedly to Underline Resilient Economy
UK retail sales rose unexpectedly in May, indicating strength in the economy that the Bank of England fears
2023-06-23 14:58
South Korea’s $1.9 Trillion Stock Market Has to Wait Longer to Enter MSCI’s Big Leagues
Global index provider MSCI Inc. decided to retain South Korea on its list of emerging markets following an
2023-06-23 14:27
Bond Bulls’ Faith in Stable Yields Survives Central Bank Hawks
Central banks have ramped up their hawkish rhetoric this month but for bond bulls, that’s a good thing.
2023-06-23 13:48
El Nino’s Fierce Heat Carries New Risk of Resurgent Deadly Viruses
The return of El Niño after nearly four years is raising the specter of extreme weather, economic pain,
2023-06-23 12:50
Philippine Central Banker Signals 2023 Pause as Term Nears End
The Philippine central bank will probably keep its benchmark interest rate steady for the rest of the year
2023-06-23 10:28
Kenya-EU trade deal: Why the East African Community was left out
Kenya felt it was best to sign a bilateral trade deal, despite claims that it undermined regional unity.
2023-06-23 09:48
Adani Group Draws Regulatory Scrutiny in the US After Short Seller Report
US authorities are looking into what representations Adani Group made to its American investors following a scathing short
2023-06-23 08:52
Japan’s Inflation Outpaces Forecast Amid Focus on BOJ Price View
Japan’s consumer prices rose at a faster pace than economists expected in May, an outcome that could fuel
2023-06-23 08:27
Asia Stocks Set for Mixed Open as Bond Yields Rise: Markets Wrap
Asian stocks were set for a mixed open after US equities struggled for direction throughout most of the
2023-06-23 07:15
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