IMF Approves $3 Billion Bailout for Ghana to Revive Economy
The International Monetary Fund approved Ghana’s request for a $3 billion bailout to support the debt-ridden West African
1970-01-01 08:00
Treasury's Plunging Cash Pile Raises Risk of Early June X-Date
A faster-than-expected decline in the US Treasury Department’s cash balance is leading market participants to question whether the
1970-01-01 08:00
Biden ‘Confident’ on Reaching Debt Deal as GOP Bashes Japan Trip
President Joe Biden expressed confidence that negotiators would reach an agreement to avoid a catastrophic default, even as
1970-01-01 08:00
Turkey’s Lira Defense Moves Into Full Swing Before Runoff Ballot
Turkey’s central bank is moving in full force to defend the lira ahead of the runoff presidential election
1970-01-01 08:00
Erdogan Vote Momentum Pushes Traders to Delay Bets on Lira Slide
Investors have come to terms with the prospect that President Recep Tayyip Erdogan’s unconventional stewardship of the economy
1970-01-01 08:00
It’s the G-7 Versus China and Russia in the Struggle for Global Influence
The tussle for global influence is about to intensify, as China, Russia, the US and its allies step
1970-01-01 08:00
Wall Street Splits on Cutting China Growth After Data Miss
Investment banks are split over whether weaker-than-expected Chinese economic data for April redefine the growth outlook for the
1970-01-01 08:00
Commerzbank’s Higher Interest Guidance Disappoints Investors
Commerzbank AG’s shares declined after the German lender’s upgrade to its outlook for full year net interest income
1970-01-01 08:00
Imran Khan Summoned Before Pakistan Anti-Graft Agency Again
Pakistan’s former premier Imran Khan has been summoned to appear before the country’s anti-graft agency on Thursday, days
1970-01-01 08:00
Stubborn Cash Squeeze Risks Derailing India’s Economic Recovery
A cash crunch is persisting in India, pushing short-term borrowing costs above a key policy interest rate and
1970-01-01 08:00
Australia Pay Gains Suggest Economy Will Avoid Wage-Price Spiral
Australian salaries rose at around half the pace of inflation in the first three months of 2023, suggesting
1970-01-01 08:00
Global Fund Inflows Help Drive Indian Stocks Toward New Record
Foreign funds have accelerated buying of Indian stocks, pouring in more than $1 billion in each of the
1970-01-01 08:00