War Adds Risks to Indebted, Expensive and Fractured World
A world economy struggling with record debt, expensive credit and increasingly dysfunctional or inadequate institutions now faces new
1970-01-01 08:00
Asia Central Banks Get Creative on Currencies to Defend Reserves
Emerging Asian central banks are turning to innovative ways to protect their currencies as fears over higher-for-longer US
1970-01-01 08:00
Economic Model at Stake as Ecuador Votes for Next President
Ecuador’s voters are choosing between a socialist and the heir to a banana fortune on Sunday in the
1970-01-01 08:00
Israel-Hamas war risks further deglobalization and inflation
The global economy is facing tremendous uncertainty from the war between Hamas and Israel in the Middle East, on top of the ongoing war between Russia and Ukraine. Those conflicts don't just threaten the regions where they're unfolding; they may also fray the weakening interconnectedness that remains among the world's largest economies.
1970-01-01 08:00
DBS, Citi’s Banking Services Resume After Data Center Disruption
DBS Group Holdings Ltd. and Citigroup Inc. said banking facilities have resumed following a disruption on Saturday that
1970-01-01 08:00
New Zealand Elects Center-Right Government for Post-Pandemic Era
New Zealanders have chosen a center-right government to manage mounting economic challenges in the aftermath of the pandemic,
1970-01-01 08:00
South Africa Chides Rich Nations Over ‘Just’ Transition to Green Tech
South African central bank chief Lesetja Kganyago urged wealthy nations to meet commitments to share the cost of
1970-01-01 08:00
Kenya Replaces Numerical Debt Ceiling With Limit at 55% of GDP
Kenya has approved changes to the way it determines the maximum amount of debt the government can hold,
1970-01-01 08:00
Bailey Says Workforce Dropouts Hit UK’s Growth and Stoke Prices
Changing attitudes to work since the pandemic and sluggish business investment have hit the UK’s potential growth rate
1970-01-01 08:00
Ukraine Recap: Russian Forces Step Up Offensive Near Kupyansk
Russian attempts to capture Avdiivka in eastern Ukraine, a move that Moscow’s authorities claim will mark the end
1970-01-01 08:00
Singapore’s DBS, Citi Suffer Service Outage on Data Center Issue
Customers of Singapore’s DBS Group Holdings Ltd. and Citigroup Inc. were unable to access banking facilities for several
1970-01-01 08:00
Sri Lanka Urges China to Share Debt Terms to Help Other Deals
Sri Lanka is urging China to share with other creditors the terms of its recent $4.2 billion bilateral
1970-01-01 08:00