China Steelmakers Issue Stark Warning About Second-Half Outlook
China’s leading steelmakers warned the industry faces a very challenging second half as demand disappoints, profitability lags, and
2023-06-30 18:16
China Pilots Steps to Lure Foreign Firms to Free-Trade Zones
China rolled out a number of measures to open up its free-trade zones as state leaders go on
2023-06-30 16:45
Sri Lanka Seeks to Restructure $19.8 Billion of Local Debt
Sri Lanka is seeking to restructure about $19.8 billion of local bills and bonds, equivalent to half of
2023-06-30 15:26
China’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy Fix
It was meant to be the year China’s economy, unshackled from the world’s strictest Covid-19 controls, roared back
2023-06-30 14:55
Philippine Bond Dynamics Are Poised for a Shakeup Due to Policy Pivot
Shorter-maturity Philippine bonds look increasingly favorable relative to longer-dated ones, aided by the central bank’s pivot to an
2023-06-30 14:27
Cambodia: Hun Sen quits Facebook on eve of poll campaign
Facebook parent Meta's oversight body has recommended his suspension over an inflammatory video.
2023-06-30 13:46
Crisis-hit Pakistan strikes $3bn funding deal with IMF
The South Asian nation is facing its worst economic crisis since independence from Britain in 1947.
2023-06-30 12:54
Singapore Bids Libor Farewell With Surge in SORA Derivatives
Singapore’s financial markets have rapidly switched to a new lending benchmark as the city-state joins the world in
2023-06-30 11:53
Marcos Faces Philippine Growth, Investment Tests in Second Year
Philippine President Ferdinand Marcos Jr. marks his first year in office with resilient growth and improving business sentiment
2023-06-30 11:52
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:19
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:15
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:24