Germany Endures First Recession Since Covid on Consumer Weakness
Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape
2023-05-25 15:48
Solar Power Investment Set to Surpass Oil Production Spending This Year
Investors will pour more money into solar power than in oil production this year for the first time,
2023-05-25 15:22
Marcos Seeks Speedy Approval of Philippine Wealth Fund Bill
Philippine President Ferdinand Marcos Jr. is pushing for the immediate enactment of a bill in the Senate that
2023-05-25 14:46
RBI May Need to Buy $18 Billion of Bonds to Add Cash, ICICI Says
India’s central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish
2023-05-25 13:59
Cargo Ship Runs Aground in Suez Canal, Disrupting Trade Route
Work is underway to free a bulk carrier that’s run aground in the Suez Canal, causing fresh disruption
2023-05-25 12:48
US Credit Rating at Risk of Fitch Cut on Debt-Limit Impasse
The tension around the US debt-limit negotiations ratcheted up after Fitch Ratings warned the nation’s AAA rating was
2023-05-25 11:48
McCarthy Signals Debt Deal Optimism as US Put on Credit Watch
House Speaker Kevin McCarthy’s optimism that White House and GOP negotiators would reach a deal in time to
2023-05-25 11:23
Bank of Korea Holds Rate, Lowers Growth View as Risks Mount
The Bank of Korea left its policy rate unchanged for a third straight meeting and lowered its growth
2023-05-25 10:20
Singapore Sees Travel Boom Shielding Economy From Recession
Singapore is confident that a rebound in travel that’s boosting the services sector will help the island’s economy
2023-05-25 09:47
Nasdaq Futures Jump on Nvidia; Yen Rises on Fitch: Markets Wrap
US stock futures opened higher at the start of Asian trading on Thursday as risk sentiment turned positive
2023-05-25 07:16
Oil Rally Sputters as Risk-Off Sentiment Proliferates Markets
Oil shed most of its gains with sentiment deteriorating fast as the clock ticks on US debt ceiling
2023-05-25 01:57
Chile Central Bank Tightens Credit Conditions, Citing Higher Global Risk
Chile’s central bank raised capital requirements on financial institutions, tightening credit conditions amid concern over the risk a
2023-05-25 00:45