Lira Leads Emerging Market Drop After Jackson Hole Remarks
Turkey’s lira slumped as the euphoria surrounding Thursday’s jumbo interest-rate hike subsides, with questions arising over whether the
2023-08-26 00:50
Ukraine Recap: Biden, Zelenskiy Talk a Day After Prigozhin Death
US President Joe Biden and Ukraine’s President Volodymyr Zelenskiy on Thursday discussed the training of Ukrainian fighter pilots,
2023-08-25 15:50
ECB’s Nagel Says Much Too Early to Consider Rate Hike Pause
European Central Bank Governing Council member Joachim Nagel said that he’s not convinced inflation is under control enough
2023-08-25 15:22
China Eases Home Purchase Rules in New Push to Boost Economy
China unveiled a further easing of its mortgage policies to halt a slump in its residential property market
2023-08-25 15:21
German Economy Stalled in Second Quarter, Weighed Down by Trade
Germany’s economy exited recession by the slimmest margin in the second quarter but its sluggish performance continues to
2023-08-25 14:47
Indonesia Swaps Reverse Repo, Operation Twist for New Tools
Bank Indonesia is issuing new rupiah securities to replace its existing reverse repurchase facility and “Operation Twist” bond
2023-08-25 14:28
Ukraine Recap: Prigozhin Presumed Dead; Kyiv Cites Advances
Wagner mercenary group founder Yevgeny Prigozhin is presumed to have been killed in a plane crash Wednesday two
2023-08-24 15:48
Asian Bonds Beat Emerging Peers Who Have Rate Cut Advantage
Emerging Asia ex-China bonds have beaten their developing-nation peers this quarter, and this outperformance looks set to continue
2023-08-24 14:21
Brazil’s Congress Gives Final Approval to Lula’s Fiscal Plan
Brazil’s lower house of congress approved new fiscal rules on Tuesday, finalizing legislation meant to shore up public
2023-08-23 22:56
Euro-Area Downturn Quickens as Service Activity Starts Shrinking
The contraction of private-sector activity in the euro area intensified in August as services ceased being a bright
2023-08-23 17:16
UK’s Slower-Than-Expected Borrowing Gives More Room for Tax Cuts
UK government borrowing came in below official forecasts in the first four months of the fiscal year, providing
2023-08-22 14:22
Rice Supply Faces New Threat as India Mulls More Restrictions
India, the world’s biggest rice exporter, is considering more restrictions on its shipments of the grain as the
2023-08-22 14:17