Japan Insurers Cut Hedging by Most in Decade Amid Weak Yen
Japanese life insurers have cut currency hedging by the most in more than a decade, signaling receding concern
1970-01-01 08:00
Yen’s Plunge Is a Blessing and a Curse for People in South Korea
South Koreans are celebrating after the yen fell to its lowest level against the won in 15 years.
1970-01-01 08:00
Turkish Economic Downshift Worse Than Forecast After Rate Hikes
Turkey’s economy cooled last quarter as the central bank moved to tighten monetary policy after May elections, a
1970-01-01 08:00
Dollar Drops to Near Four-Month Low on Bets of Fed Rate Cuts
The dollar slid to the weakest level since early August as swap traders ramp up bets the Federal
1970-01-01 08:00
Bank of Israel Puts War Cost at $53 Billion in Fullest Tally Yet
Israel’s central bank laid out its most detailed assessment yet of the economic implications of the war with
1970-01-01 08:00
Hong Kong Cash Demand Sends Local Bank Rate to 16-Year High
A gauge of bank funding costs in Hong Kong jumped to the highest in 16 years, as year-end
1970-01-01 08:00
Yuan’s Recovery Gains Momentum as Seasonal Tailwind Kicks In
China’s yuan is set to be boosted by year-end tailwinds and by speculation its recent rebound will encourage
1970-01-01 08:00
Israel’s $48 Billion War Bill Leaves It at Mercy of Bond Markets
When a team of Israeli technocrats that calls itself the “government’s CFO” scans the battlefield with the war
1970-01-01 08:00
Turkey Poised for Rate Milestone If It Hikes Past 36%
Turkey is turning another corner in ending an era of ultra-loose monetary policy. The central bank will likely
1970-01-01 08:00
China and Saudi Arabia Sign Currency Swap Worth $7 Billion
China and Saudi Arabia signed a local-currency swap agreement worth around $7 billion, deepening their ties as countries
1970-01-01 08:00
China’s Yuan Rises Above PBOC’s Fix for First Time Since July
China’s yuan strengthened beyond its daily reference exchange rate for the first time in four months, getting some
1970-01-01 08:00
Milei’s Dollarization Gets First Test as Argentine Banks Reopen
Javier Milei couldn’t have hoped for a better reception from investors on his first day as Argentina’s president-elect.
1970-01-01 08:00