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
2023-12-01 14:17
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.
2023-12-01 06:21
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
2023-11-30 16:25
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
2023-11-29 11:28
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
2023-11-28 00:19
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
2023-11-27 12:27
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
2023-11-27 08:19
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
2023-11-23 12:16
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
2023-11-23 11:16
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
2023-11-21 13:59
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
2023-11-21 10:19
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.
2023-11-21 07:54