Fed Officials Say Higher Interest Rates Are Needed to Reach 2% Inflation Goal
Three Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to
2023-07-11 01:26
Russian Oil Price at Western Port Creeps Closer to Sanctions Cap
The price of Russian oil at one of its Western ports is the closest to the price cap
2023-07-11 00:20
Banks Face Higher Capital Requirements in Plan From Fed’s Barr
Major banks are facing one of the biggest regulatory overhauls since the financial crisis, setting up a clash
2023-07-10 22:28
Israel Braces for More Upheaval as Judicial Bill Edges Ahead
Israel is braced for a new wave of turmoil as Prime Minister Benjamin Netanyahu’s government pushes ahead with
2023-07-10 21:53
Asia shares turn mixed, China disinflation a drag
By Wayne Cole SYDNEY Asian share markets turned mixed on Monday as a surprisingly low reading on Chinese
2023-07-10 13:53
Millions of Chinese Staying Home Curb Southeast Asian Growth
Southeast Asian nations that were counting on Chinese travelers to drive tourism revenues and their economies post-Covid are
2023-07-10 11:24
Hong Kong Mortgage Easing Is Cold Comfort to Buyers With High Rates
Hong Kong’s relaxation of residential mortgage rules may do little to spur demand from homebuyers who remain deterred
2023-07-10 10:54
China’s Inflation Rate Slows to Zero as Economic Woes Mount
China’s consumer inflation rate eased to zero in June while factory-gate prices fell further, underlining continued weakness in
2023-07-10 09:50
Westpac Economist Bill Evans Steps Back, Replaced by RBA’s Ellis
Westpac Banking Corp.’s Bill Evans will shift from chief economist after more than 30 years in the role
2023-07-10 08:51
Rapid Descent in Ringgit Puts Malaysia’s Currency Stance to Test
The ringgit’s tumble toward a 24-year low is raising expectations that Bank Negara Malaysia will step in to
2023-07-10 08:18
Yellen’s China Trip Leaves Little Doubt Pan’s in Charge of PBOC
During Janet Yellen’s trip to Beijing, US officials sowed confusion over the role of Pan Gongsheng, who was
2023-07-10 06:27
Sovereign Investors Embrace Bonds and Gold, Invesco Survey Shows
The world’s sovereign investors are seeking to boost investment in bonds as yields rise, while a freeze on
2023-07-10 05:59