How a Covert Relationship With the Taliban Backfired for US Ally Pakistan
About two weeks after the Taliban retook Afghanistan in 2021, the then head of Pakistan’s spy agency arrived
2023-06-01 08:20
Banxico to Keep 11.25% Rate for at Least Next Two Meetings
Mexico’s central bank will hold interest rates at a record-high for at least the next two meetings before
2023-06-01 06:52
US Mortgage Rates Rise to Near Seven-Month High of 6.91%
US mortgage rates surged to the highest level since early November last week, stifling demand for home purchases
2023-05-31 21:19
Services Sector Shields Indian Economy From Still-High Rates
India’s economy grew faster than the government’s expectations last year, as demand spurred an expansion in the services
2023-05-31 20:23
Europe’s Bond Rally Shows How Economic Cracks Are Spreading
European government bonds rallied while the euro and risk-sensitive Nordic currencies sank as cooling inflation prints and weak
2023-05-31 20:23
ECB’s Inflation Fight Exposes Fragilities in Financial System
The European Central Bank’s fight against stubbornly high inflation has revealed fragilities in the financial system that are
2023-05-31 16:29
Italy’s Crisis Guardian Counts Down to Exit as Meloni Mulls Successor
Prime Minister Giorgia Meloni has just five months left to find a new Bank of Italy chief in
2023-05-31 16:25
Thailand Raises Key Rate to 8-Year High to Win Inflation Fight
Thailand’s central bank raised its benchmark interest rate to the highest level in eight years to anchor inflation
2023-05-31 15:29
French Inflation Slows More Than Expected to Weakest in Year
French inflation eased more than anticipated, reaching its lowest level in a year in a boost to those
2023-05-31 15:27
Sky-High Hedge Costs Push Big Japan Insurers to Riskier Avenues
Japan’s biggest life insurers have ramped up their use of longer-dated currency hedges to a record to escape
2023-05-31 14:59
Economists See India’s First Rate Cut in 2024 for Durable Growth
Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first
2023-05-31 10:58
Moody’s Cuts Bangladesh Rating on Reserves, Market Distortions
Moody’s Investors Service lowered Bangladesh’s credit rating as the nation’s foreign-exchange reserves dwindle while unconventional policies such as
2023-05-31 10:54