Turkey’s Runoff Election Has Investors Bracing for More Pain
Financial markets are signaling that more pain is to come in Turkey’s financial markets, as long-time leader President
1970-01-01 08:00
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
1970-01-01 08:00
Hungary Budget Overruns Are Becoming an Issue for Investors
Hungarian Prime Minister Viktor Orban’s government is pushing back against growing criticism over fiscal management that investors say
1970-01-01 08:00
UK Retail Sales Bounce Back More Than Expected After Wet March
UK retailers saw sales jump more than expected last month, recovering from heavy rain that kept people home
1970-01-01 08:00
Weak Rand, Government Missteps Deny South Africans Rates Relief
South Africa’s central bank is reluctant to pivot away from policy tightening after raising its benchmark interest rate
1970-01-01 08:00
Australia Retail Sales Flat as Higher Rates Drag on Spending
Australian retail sales were flat in April, ending a three-month streak of gains, suggesting consumers are reining in
1970-01-01 08:00
China’s Top Rating Firm Downgrades US in Echo of Global Rivalry
While the world’s major credit-rating agencies have held off downgrading the US as Washington barrels toward the fiscal
1970-01-01 08:00
Tokyo Inflation Slows, Supporting BOJ’s Price View for Now
Inflation in Tokyo slowed, supporting the Bank of Japan’s view that prices will likely slow toward the autumn,
1970-01-01 08:00
Lula Cuts Car Taxes in Bid to Revive Brazil’s Ailing Auto Sector
President Luiz Inacio Lula da Silva rolled out a series of tax breaks to make low-priced vehicles more
1970-01-01 08:00
Where’s the Great American Pay Raise? New Numbers Cast Doubt
US weekly wages fell in 2022, according to new Bureau of Labor Statistics figures, revealing widespread softness that
1970-01-01 08:00
Turkey Holds Rate Again With Lira Feeling Heat Before Runoff
Turkey’s central bank extended its interest-rate pause for a third month as it tries to keep the lira
1970-01-01 08:00
Sunak Finds UK Inflation May Follow Him Into Election Year
If Prime Minister Rishi Sunak thought inflation would drop away quickly this year, delivering an easy victory in
1970-01-01 08:00