Money Funds See $5.5 Trillion Pile Growing as Tool Kit Expands
The US money-market industry, one of the big winners on Wall Street as the Federal Reserve hiked interest
2023-06-21 21:48
Ghana Economy Expands 4.2% in First Quarter, Beats Estimates
Ghana’s economy grew faster than anticipated in the first quarter, driven by the services and agricultural sectors. Gross
2023-06-21 19:50
China Begins Nationwide Push to Reveal Hidden Government Debt
China has begun a fresh round of nationwide inspections to work out how much money local governments’ owe,
2023-06-21 19:27
Junk Food, Sweet Drinks Are Philippines’ Next Tax Targets
The Philippines is pursuing plans to tax junk food and hike levies on sweetened beverages to boost revenue
2023-06-21 19:15
EU Sees Hurdles to Seizing €200 Billion in Russian Assets
The European Union has assessed that it can’t legally confiscate outright frozen Russian assets and instead is focusing
2023-06-21 17:47
UK Bank Stocks ‘Back in Danger Zone’ as Rates Climb, Says Exane
British lenders are facing a “pain game” as interest rate hikes hurt the outlook for both loans and
2023-06-21 17:19
BOE Rate Seen Rising Beyond 6% After Shock Inflation Reading
Traders ramped up bets for further Bank of England interest-rate hikes after another shock inflation reading, pricing the
2023-06-21 15:57
UK Inflation Overshoots Again, Raising Pressure for Higher Rates
UK inflation remained higher than expected for a fourth month, leading to a fresh flurry of bets on
2023-06-21 15:19
Yuan Extends Drop as PBOC’s Weak Fix Worsens Fragile Sentiment
China’s yuan tumbled past the closely watched 7.2-per-dollar level and analysts are bracing for more losses after Beijing
2023-06-21 14:25
Europe Car Sales Rise in May on Surging Demand for EVs
Auto sales in Europe continued their upward trajectory in May, rising for the 10th month in a row,
2023-06-21 14:22
European Firms Grow More Pessimistic on Doing Business in China
A record share of European companies say doing business in China is getting more difficult, with some already
2023-06-21 13:56
China Stimulus Calls Mount From State Media, Top Advisers
Chinese policymakers are facing growing calls for economic stimulus, this time from several prominent state media and top
2023-06-21 13:47