Dollar Shortage Forces Pakistan Factories to Halt Production
Pakistan’s iron-clad grip on its dollar holdings may be keeping its currency stable, but it’s also hurting local
1970-01-01 08:00
Europe Heat Builds as Some French Citizens Told to Stay Home
The heat wave that’s baking continental Europe is spreading further as citizens in southeast France were told to
1970-01-01 08:00
Argentine Peso to Slide 70% by Next Year, BofA Says
The worst is yet to come for the Argentina peso, already the world’s weakest currency this year, according
1970-01-01 08:00
LGFV From ‘High Risk’ Chinese City Draws Blowout Demand for Bond
A local government financing vehicle from one of China’s most indebted cities enjoyed overwhelming demand for a yuan
1970-01-01 08:00
'BRICS bank' issues first South African rand bonds
By Rachel Savage JOHANNESBURG The development bank founded by the so-called BRICS countries closed the auction for its
1970-01-01 08:00
Germany’s Shortage of Skilled Workers Is Worsening, Ifo Says
A dearth of skilled labor that’s restraining German output is getting worse. More and more companies across Europe’s
1970-01-01 08:00
Saudi Hoard of US Treasuries at Six-Year Low in Embrace of Risk
Saudi Arabia’s stockpile of US Treasuries fell to the lowest level in more than six years, as the
1970-01-01 08:00
UK Inflation Falls Less Than Expected as Transport Costs Rise
UK inflation remained higher than expected last month, adding to the case for the Bank of England to
1970-01-01 08:00
Yield gap between China and US widens to highest since 2007 after surprise rate cut
SHANGHAI/SINGAPORE Yield differentials between China and the United States widened to their highest 16 years on Wednesday, as
1970-01-01 08:00
RBNZ Keeps Rates Unchanged, Signals Small Chance of Another Hike
New Zealand’s central bank kept interest rates unchanged for a second straight meeting but signaled the risk that
1970-01-01 08:00
Hedge Fund That Sees Hard US Landing Bets on Chinese Equities
The rally in equities is set to grind to a halt as investors come to grips with slowing
1970-01-01 08:00
China’s Currency Defense in Focus as Rate-Cut Renews Yuan Stress
The People’s Bank of China is treading a fine line as it looks to bolster the economy without
1970-01-01 08:00