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
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
Thai Economy Expands 1.8% Last Quarter, Missing Estimates
Thailand’s economy expanded at a slower pace than forecast, as a slump in exports and a political impasse
2023-08-21 10:56
South Korea’s Early Trade Data Indicate Export Gloom Continues
South Korea’s early exports kept declining in August in the latest sign of lackluster global trade. Daily shipments
2023-08-21 08:50
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
Chile Economy Contracts Less Than Forecast as Stagnation Goes On
Chile’s economy shank less than forecast in the second quarter after growing at the start of the year,
2023-08-18 20:57
UK Retail Sales Fall More Than Expected During Rainy Spell
UK retail sales fell more than expected in July after a spell of cool and rainy weather kept
2023-08-18 14:57
Malaysia’s Growth Misses Estimates Amid El Niño, Export Woes
Malaysia’s economic growth missed expectations in the second quarter of the year, expanding at the slowest pace in
2023-08-18 12:56
China’s State Developers Warn of Losses as Crisis Spreads
China’s state-owned property developers are warning of widespread losses, fueling concerns that the housing crisis is expanding from
2023-08-18 11:58
Japan Inflation Slows in Line With BOJ’s Cooling Price View
Japan’s consumer inflation slowed in July in line with the central bank’s view that price growth has peaked,
2023-08-18 07:52