Hong Kong Overnight Funding Costs Surge to Highest Since 2007
The cost to borrow overnight in Hong Kong jumped to a 16-year high as official efforts to enforce
2023-05-11 15:53
South Korea-Japan Deal Helps Counter Pyongyang, Adviser Says
A deal between South Korea and Japan to remedy a long-running impasse can help work with their US
2023-05-11 15:45
Europe, US Futures Rise; China Dips on Growth Fear: Markets Wrap
European and US stock futures rose as investors weighed fresh inflation data while Chinese equities were broadly lower
2023-05-11 14:52
ECB’s Nagel Says Nothing Off the Table for September Meeting
European Central Bank Governing Council member Joachim Nagel refused to exclude that interest-rate increases may persist beyond the
2023-05-11 14:50
Yellen Takes Aim at Russian Sanctions Evasion at G-7 Gathering
Treasury Secretary Janet Yellen said Washington intends to crack down on Russia’s ability to skirt sanctions imposed by
2023-05-11 13:47
China Bonds Rally as Bank Deposit-Rate Cuts Fuel Easing Bets
China’s government bonds extended a rally and bank shares advanced, after the nation asked commercial lenders to cap
2023-05-11 12:52
G-7’s Push Against ‘Economic Coercion’ Has an Audience of One
Group of Seven nations aim to send a signal to China this month by announcing a joint effort
2023-05-11 12:25
Pakistan Latest: Army Deployed as Imran Khan Arrest Fuels Unrest
Pakistan’s government called in the military to help end violent protests after former premier Imran Khan was arrested
2023-05-11 12:20
RBA Peak Rate Scenario of 4.8% Saw Faster Price Drop, No Slump
Australia’s central bank considered alternative policy scenarios where its cash rate peaked at 4.8%, a level that returned
2023-05-11 11:50
Philippine Economic Growth Beats Amid Inflation, Rate Hikes
The Philippine economy expanded faster than expected in the first quarter, as resilient post-pandemic demand helped defy elevated
2023-05-11 11:48
Biden to Host State Dinner for India’s Modi on June 22
US President Joe Biden will host India’s Narendra Modi for a state dinner on June 22, the White
2023-05-11 11:22
Japan AI Stocks Surge as SoftBank Joins ChatGPT Clone Race
SoftBank Group Corp.’s mobile unit has declared it’s joining a global race to build a version of ChatGPT,
2023-05-11 10:20