Bond Bulls at JPMorgan, Allianz GI Double Down on Bet Gone Bad
Convinced a recession in the US was near, some of the world’s most prominent money managers loaded up
2023-08-21 18:56
Lira Lifesaver Became $124 Billion Gamble That Haunts Turkey
As the lira was approaching a decade of continuous losses, Turkish policymakers hit on an idea that promised
2023-08-21 17:49
Fitch Makes Case for Why Netanyahu Won’t Doom Israel Economy
When Fitch Ratings issued an optimistic report on Israel last week, it defied growing conventional wisdom that the
2023-08-21 16:23
Ecuador Runoff to Pit Correa’s Pick Against Businessman
Ecuador’s presidential race will be decided in an October runoff between socialist candidate Luisa Gonzalez and entrepreneur Daniel
2023-08-21 11:19
China Local Governments to Sell $206 Billion of Financing Debt
China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan
2023-08-21 11:17
Guatemalans Elect Anti-Graft Campaigner Arévalo in a Landslide
Anti-graft campaigner Bernardo Arévalo won Guatemala’s presidential election in a landslide after pledging to weed out the “systemic
2023-08-21 10:46
Taiwan’s Biggest Financial Firm Braces for Deeper China Turmoil
Taiwan’s biggest financial conglomerate has cut back on its exposure to China as it braces for any deeper
2023-08-21 08:23
Fed Can’t Celebrate Yet as Investors Expect Rates, Inflation to Remain Elevated
If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache,
2023-08-21 08:23
Argentina’s Massa Heads to US For Talks With IMF on Loans
Argentina’s economic minister and presidential candidate Sergio Massa will travel to the US on Monday for talks with
2023-08-21 08:18
Dollar Edges Lower; Asian Stock Futures Mixed: Markets Wrap
The dollar inched lower versus most of its major counterparts while Asian equity futures pointed to a cautious
2023-08-21 06:54
Germany’s Lindner Says Debt Will Be Cut, Rejects Taxation Rumors
Finance Minister Christian Lindner has rejected talk that Germany plans to resort to tax measures last used after
2023-08-20 23:28
Turkey Starts Curbing FX Tool Imposed to Halt Lira Selloff
Turkey took a first step away from a tool designed to halt a selloff in the lira by
2023-08-20 17:53