Yen Breaches 150 Per Dollar Again, Raising Intervention Risk
The yen briefly weakened beyond 150 against the dollar again as the wide yield gap between Japan and
2023-10-23 08:55
Central Banks Search for Lessons From the Great Inflation Outbreak
After the most aggressive monetary-tightening campaign in four decades, academics and economic practitioners are running autopsies on what
2023-10-22 21:50
Egypt Is Courted on All Sides as Pivotal to Gaza Refugees’ Fate
The war between Israel and Hamas has turned the spotlight on Egypt’s role as a regional powerbroker, potentially
2023-10-22 03:54
Sri Lanka Wins Initial IMF Approval for $330 Million Payout
Sri Lanka secured an initial funding approval from the International Monetary Fund, paving the way for the South
2023-10-20 18:52
Sri Lanka Bondholders’ Proposal Sees Government Pushback
Sri Lanka is taking an unfavorable view toward a proposal by foreign dollar bondholders for restructuring its debt,
2023-10-19 16:52
Egypt Stocks Rally to New High as Locals Buy on Devaluation Bets
Egyptian stocks rallied to fresh highs this week even as tensions escalated in the Middle East, as local
2023-10-19 15:20
Private Credit’s Secrecy Causes Watchdogs to Fret: Credit Weekly
Risky private credit lending is vulnerable to higher interest rates and debt crunches, according to watchdogs across the
2023-10-15 03:53
South Africa Chides Rich Nations Over ‘Just’ Transition to Green Tech
South African central bank chief Lesetja Kganyago urged wealthy nations to meet commitments to share the cost of
2023-10-15 02:51
Colombia Finance Chief Sees Swift Key Rate Cuts to 8% by 2024
Colombia’s central bank has room to lower interest rates by over five percentage points from the current level
2023-10-15 02:45
Kenya Replaces Numerical Debt Ceiling With Limit at 55% of GDP
Kenya has approved changes to the way it determines the maximum amount of debt the government can hold,
2023-10-15 01:24
Ukraine Recap: Russian Forces Step Up Offensive Near Kupyansk
Russian attempts to capture Avdiivka in eastern Ukraine, a move that Moscow’s authorities claim will mark the end
2023-10-15 00:58
Lagarde Says Core Inflation in Euro Zone Is Still Elevated
European Central Bank President Christine Lagarde said underlying inflation in the euro zone is still strong and wage
2023-10-15 00:49