BOE a Step Closer to Launching Digital Pound After Project Rosalind Study
The Bank of England is a step closer to launching its own digital currency after a yearlong project
2023-06-16 17:17
Kenyan Taxpayers to Bear Brunt of President Ruto’s Big Spending Plans
Kenyan President William Ruto intends ramping up government spending on initiatives ranging from increasing access to affordable housing
2023-06-16 16:47
EU Takes Tougher Stance on Huawei as China Tensions Rise
The European Commission is increasing the pressure on member-nations to stop using Huawei Technologies Co. and ZTE Corp.
2023-06-16 15:59
Orban Steps Up Talk to Steer Hungarian Savings to Forint Bonds
Prime Minister Viktor Orban called on Hungarians to put their savings in government bonds rather than bank deposits,
2023-06-16 15:49
European Commission Urges Germany, Others Not to Dig In on Stricter EU Debt Rules
European Economy Commissioner Paolo Gentiloni urged governments to set aside rigid positions on the reform of the bloc’s
2023-06-16 14:25
US, Japan, Philippines Agree to Bolster Defense Cooperation
The national security advisers of the US, Japan and the Philippines agreed to bolster defense cooperation at the
2023-06-16 13:47
China Urged to Boost Fiscal Stimulus After Central Bank Eases
Expectations are growing that China’s government will boost spending, especially on infrastructure, as part of a broader stimulus
2023-06-16 13:27
Ueda Holds Stimulus as BOJ Continues to Sidestep Tightening Wave
The Bank of Japan continued to defy global central bank trends by sticking with stimulus as it waits
2023-06-16 12:45
Xi to Meet Bill Gates During First China Visit Since 2019
Chinese leader Xi Jinping will meet Bill Gates on Friday, state media reported, as part of the the
2023-06-16 11:53
Shanghai Plant Burns 800 Tons of Coal an Hour to Keep City Cool
On a sprawling riverside industrial complex about 10 miles (16 kilometers) from Shanghai’s gleaming downtown skyscrapers, a massive
2023-06-16 11:49
Asian Equities Poised for Third Weekly Advance: Markets Wrap
Asian equities headed for a third weekly gain, helped along by expectations of more stimulus from China. Benchmarks
2023-06-16 11:20
UBS Cuts China Growth Forecast to 5.2% After Disappointing Data
UBS Group AG lowered its forecast for China’s gross domestic product growth this year as the property rebound
2023-06-16 10:52