Fed’s Bid to Avoid Recession Tested by Yields Nearing 20-Year Highs
The Federal Reserve may be putting its hoped-for soft landing of the economy at risk by tacitly accepting
2023-10-05 17:45
Metro Bank Hires Morgan Stanley to Explore Capital Raise
Metro Bank Holdings Plc has hired Morgan Stanley to explore a potential capital raise after it faced pushback
2023-10-05 15:59
South Africa’s Kganyago Sticks with Hawkish Tone on Inflation
South African Reserve Bank Governor Lesetja Kganyago acknowledged that inflation has eased, but stressed it was premature to
2023-10-05 15:48
Sunac Wins Court Approval for Offshore Debt Restructuring
Sunac China Holdings Ltd. won court approval for its multibillion-dollar offshore debt restructuring plan, clearing the last key
2023-10-05 14:15
The German Property Crisis Is Claiming Its First Big Victims
In July this year, Nuremberg’s mayor celebrated the final beam being placed atop the redeveloped Quelle building, a
2023-10-05 12:58
Philippine Inflation Flaring Up Is Putting Rate Hike in View
Philippine inflation accelerated to the fastest pace in four months in September as rice prices surged, boosting the
2023-10-05 11:27
Sri Lanka Cuts Policy Rate to Revive Growth as Inflation Cools
Sri Lanka cut its benchmark rate for a third time this year to help revive economic growth and
2023-10-05 10:53
Only a Stocks Crash Can Rescue the Bond Market, Barclays Says
Global bonds are doomed to keep falling unless a sustained slump in equities revives the appeal of fixed-income
2023-10-05 10:22
Two jobs reports, two different views of the labor market
Almost any economist will tell you they don't have a crystal ball. But using all kinds of fancy (and sometimes not so fancy) models, they make predictions about forthcoming economic data. And oftentimes, economists' consensus forecasts are spot on.
2023-10-05 10:18
Australia’s Trade Surplus Widens in August on Iron-Ore Exports
Australia’s monthly trade surplus exceeded estimates in August as iron ore shipments rose and non-monetary gold exports surged.
2023-10-05 09:52
Oil Subsidy Rollback Set to Help Region-Beating Malaysian Bonds
Malaysia’s bonds beat all their regional peers last quarter as rising oil prices bolstered the government’s coffers. The
2023-10-05 09:23
Global Giants Tapping Indian Consumers Spend $3,600 a Second on Cricket World Cup Ads
Global companies are spending millions of dollars to get their names seen during the Cricket World Cup in
2023-10-05 08:50