BofA Joins Fed in Reversing Recession Call Amid Growing Optimism
Economists at Bank of America Corp. revoked their forecast for a recession in the US, becoming the first
2023-08-02 19:52
BOJ’s Key Policy Architect Says YCC Shift Doesn’t Mean Exit
Deputy Governor Shinichi Uchida said that the Bank of Japan is far from an exit or raising its
2023-08-02 11:57
US Job Openings Fall to Lowest Level Since 2021, Layoffs Ease
US job openings fell in June to the lowest level since April 2021, suggesting some softening in demand
2023-08-01 23:47
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:15
Everything China Is Doing to Juice Its Flagging Economy
China has made a number of pledges recently to revive the economy’s recovery and improve the business environment
2023-08-01 14:24
Australia Extends Rate Pause for Second Month, Currency Drops
Australia’s central bank kept its key interest rate unchanged on Tuesday following a cooling of inflation pressures and
2023-08-01 12:51
China Pledges More Loan Support to Business to Spur Economy
China has pledged to boost credit to private companies and extend other funding measures to small firms as
2023-08-01 10:52
China’s Manufacturing Slumps, Dragging Down Asia Factories
China’s manufacturing contracted in July, rippling through factories across Asia and signaling any turnaround in the region could
2023-08-01 10:17
Japan Jobless Rate Falls in Positive Sign for Wages, BOJ Goal
Japan’s unemployment rate fell in June, feeding into optimism that upward pressure on wages may persist and help
2023-08-01 08:52
Fed Says US Banks Tightened Credit Further in Wake of Failures
The Federal Reserve said that banks reported tighter standards and continued weak demand for loans in the second
2023-08-01 03:47
Tinubu Orders Probe of Operations of Nigeria’s Central Bank
Nigerian President Bola Tinubu, weeks after he suspended the nation’s central bank governor, appointed a special investigator to
2023-07-31 20:56
Euro Zone Returns to Growth as Core Inflation Stays Strong
The euro-area economy returned to growth while underlying inflation pressures persisted — supporting early arguments for the European
2023-07-31 17:54