Charting the Global Economy: BOE Surprises With Bigger Rate Hike
The Bank of England stepped up efforts to beat back the worst inflation since the 1980s by boosting
2023-06-24 17:21
Puerto Rico Eyes Cutting Utility Bond Offer by Half
Puerto Rico’s financial oversight board is considering slashing — by about half — the amount of new bonds
2023-06-24 12:58
US Treasury Secretary Yellen Sees Lower US Recession Risk, Says Consumer Slowdown Needed
Treasury Secretary Janet Yellen sees diminishing risk for the US to fall into recession, and suggested that a
2023-06-23 19:46
Stubborn UK Inflation Triggers a Mortgage Crisis for Millions
Rising mortgage payments are squeezing the finances of millions of borrowers in Britain, threatening to undermine household spending
2023-06-23 18:15
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:29
Koreas Speed Up Drone Race After Unprecedented Incursions
As the two Koreas near the anniversary of the start of their conflict in 1950, both sides are
2023-06-23 13:17
Asia Stocks Set for Mixed Open as Bond Yields Rise: Markets Wrap
Asian stocks were set for a mixed open after US equities struggled for direction throughout most of the
2023-06-23 07:15
Biden Says Dictator Remark About Xi Hasn’t Undermined Ties
President Joe Biden said his remarks referring to Chinese leader Xi Jinping as a dictator haven’t undermined efforts
2023-06-23 02:57
Fed’s Powell Says US May Need One or Two More Rate Hikes in 2023
Federal Reserve Chair Jerome Powell said returning US inflation to 2% is crucial to support the long-term health
2023-06-22 23:30
IMF Touts $100 Billion for Poorest, Zambia Deal: Paris Update
The International Monetary Fund confirmed rich countries have channeled $100 billion to finance lending for the world’s poorest
2023-06-22 22:55
Zambian Currency and Eurobonds Rally on Bets of Debt Revamp Deal
Zambia’s currency and dollar bonds traded near multi-month highs, having chalked up double-digit gains so far this month
2023-06-22 17:59
EU Banks Expand Risk Scenarios They Face From Climate Change
European banks are building out their risk models to better prepare for the fallout from climate change, with
2023-06-22 17:27