China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
1970-01-01 08:00
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
1970-01-01 08:00
Senior China Diplomat Dispatched to Italy to Keep Nation in Belt and Road Initiative
China dispatched a senior diplomat to Italy this week, as Beijing seeks to persuade the European nation not
1970-01-01 08:00
Yen weakens past key 145 per dollar level; yuan falls after China PMI data
By Rae Wee SINGAPORE The yen weakened past 145 per dollar on Friday, a level which kept speculators
1970-01-01 08:00
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
1970-01-01 08:00
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
1970-01-01 08:00
Far-right parties on the rise across Europe
Success in Germany and Greece boosts hard-right parties; now they are eying Spanish elections.
1970-01-01 08:00
Tokyo Inflation Speeds Up Again as Japan Production Sputters
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations
1970-01-01 08:00
UK Business Confidence Rebounds to a 13-Month High, Lloyds Says
UK business confidence rose to a 13-month high in June as firms shrugged off another Bank of England
1970-01-01 08:00
China’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy Fix
It was meant to be the year China’s economy, unshackled from the world’s strictest Covid-19 controls, roared back
1970-01-01 08:00
Asia Stocks Set for Muted Open After Bond Selloff: Markets Wrap
Asian stocks were set for a mixed open to the last day of the quarter on Friday following
1970-01-01 08:00
US FDA Uncovers Fresh Faults at India’s Second-Biggest Drugmaker
US Food and Drug Administration officials found multiple faults at a plant run by one of India’s biggest
1970-01-01 08:00