Turkish lira down 7% in biggest selloff since 2021 crisis
By Huseyin Hayatsever and Nevzat Devranoglu ANKARA Turkey's lira plunged 7% to a record low on Wednesday in
2023-06-07 15:59
Top-Performing Fund Favors China Stocks as Bearish Tide Grows
The bearish calls against Chinese equities are growing, but one top-performing fund says any further weakness is a
2023-06-07 15:59
OECD slightly raises world GDP growth forecast to 2.7%
The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned...
2023-06-07 15:59
Zimbabweans Drive Stocks Up 600% to Dodge Currency Crash
Zimbabweans frantically trying to protect their savings from a collapsing currency have driven the country’s main stock index
2023-06-07 15:52
Spanish stocks outperform as Inditex jumps
Spanish stocks rose on Wednesday after Zara-owner Inditex's strong quarterly showing, while its European peers lagged as luxury
2023-06-07 15:52
OECD sees limited growth pick-up as rate hikes weigh
By Leigh Thomas PARIS Global economic growth will pick up only moderately over the next year as the
2023-06-07 15:52
Turkish lira hits new dollar low after election
The Turkish lira sank to a new low against the dollar on Wednesday, more than a week after the re-election...
2023-06-07 15:48
JPMorgan Asset Adding China Stocks Again on Cheap Valuations
JPMorgan Asset Management is adding more Chinese stocks to its portfolio on bets that the market’s cheap valuation
2023-06-07 15:48
EU launches survey to boost appeal of its debt
The European Union is launching a survey on Wednesday to help boost the liquidity of its debt. The
2023-06-07 15:29
Persistent inflation, rising interest rates will weigh on global economy, OECD predicts
The global economy is bouncing back from an an energy price spike fed by Russia's invasion of Ukraine
2023-06-07 15:27
Russia's VTB to raise $1.2 billion from SPO in capital top-up
By Elena Fabrichnaya MOSCOW Russia's No. 2 lender VTB expects to raise 94 billion roubles ($1.15 billion) in
2023-06-07 15:21
Swedes Warm Up to Euro as Krona Approaches All-Time-Lows
The Swedish population has become less hostile to the idea of adopting the euro as the krona is
2023-06-07 14:58
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