Australia to Hike Rates Once More, Then Cut in 2024, Poll Shows
Australia’s central bank will raise interest rates one more time in its current tightening cycle, economists say, and
2023-08-07 03:20
Philippines Cautious About Raising Rates Too Much, Governor Says
The Philippine central bank will exercise caution against “too much” monetary tightening to avoid crimping economic growth, according
2023-08-07 00:27
Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its
2023-08-06 23:19
Bidenomics Boosts US Economy, Fanning Soft-Landing Hopes, Inflation Fears
The economy is getting a boost from Bidenomics and a bulging federal budget deficit, simultaneously fueling hopes the
2023-08-06 20:53
Emerging-Market Stocks Are Having a Moment as Growth Bets Return
Investors in emerging markets are shifting to stocks from bonds as they prepare for the world after monetary
2023-08-06 20:25
Vietnam Orders Food Security Ensured, Rice Supply Boosted
Prime Minister Pham Minh Chinh has ordered the government to ensure national food security under all circumstances, while
2023-08-06 19:19
Pound’s Glory Days Are Over as Bets on Ever-Higher Rates Fade
The pound’s unexpected rally this year may have finally run out of steam as the Bank of England
2023-08-06 15:25
Australia Plans New Laws to Crack Down on Tax Adviser Misconduct
Australia’s government will legislate “the biggest crackdown on tax adviser misconduct” in the nation’s history, including boosting some
2023-08-06 11:59
China Is Losing Out as Global Funds Chase Returns in Japan Stocks
Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s
2023-08-06 08:18
Texas Power Prices to Surge 800% on Sunday Amid Searing Heat
Texas power prices for Sunday surged more than 800% as searing heat pushes demand toward record levels and
2023-08-06 03:29
Fed’s Bowman Signals More Hikes May Be Needed to Cool Inflation
Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order
2023-08-06 00:22
Greece Returns to Investment-Grade Elite With Scope Rating Upgrade
Greece’s investment-grade status was restored by Scope Ratings, evidence of its progress in repairing public finances 13 years
2023-08-05 14:55
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