Lagarde Policy Silence Keeps ECB Interest-Rate Debate Raging
Christine Lagarde’s avoidance of a clear signal of intent for European Central Bank policy has just thrown a
2023-08-28 16:54
Libya Suspends Foreign Minister After She Met Israel Counterpart
Libya suspended its foreign minister after she and her counterpart from Israel had what Israeli officials described as
2023-08-28 15:48
Vietnam PM Fighting for Future as Economy Lags Growth Target
While disagreements are common between elected leaders and central bankers, they’re unusual in one-party, Communist-run nations. When they
2023-08-28 15:48
Saudi PIF, Holders to Offer 30% Stake in Ades IPO
Saudi Arabia’s sovereign wealth fund, ADES Investments Holding Ltd. and Zamil Group Investment Ltd. plan to sell shares
2023-08-28 15:27
China’s Economic Slump Continues to Batter Old Economy Steel and Coal Sectors
China’s slump is battering its commodities sector, with profits from coal mining to metals production continuing to decline
2023-08-28 11:27
Argentina Lifts Wages, Welfare in Defiance of IMF Austerity Push
Argentina’s Economy Ministry announced measures to improve government workers’ salaries and funnel money toward retirees and poorer families,
2023-08-28 09:57
Didi Sells Smart Car Arm to China’s Xpeng for $744 Million
Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion
2023-08-28 09:25
Asia Stocks Look Set for Small Gains; Yen Weakens: Markets Wrap
Asian stocks appeared poised to follow US equities with modest gains Monday after Jerome Powell said the Federal
2023-08-28 09:17
Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting
2023-08-28 08:50
China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow
2023-08-28 08:29
At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained —
2023-08-28 04:49
Markets Brace for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates
2023-08-28 04:47