IMF Approves $3 Billion Bailout for Ghana to Revive Economy
The International Monetary Fund approved Ghana’s request for a $3 billion bailout to support the debt-ridden West African
2023-05-18 01:23
Turkey’s Lira Defense Moves Into Full Swing Before Runoff Ballot
Turkey’s central bank is moving in full force to defend the lira ahead of the runoff presidential election
2023-05-17 21:30
Erdogan Vote Momentum Pushes Traders to Delay Bets on Lira Slide
Investors have come to terms with the prospect that President Recep Tayyip Erdogan’s unconventional stewardship of the economy
2023-05-17 18:58
Wall Street Splits on Cutting China Growth After Data Miss
Investment banks are split over whether weaker-than-expected Chinese economic data for April redefine the growth outlook for the
2023-05-17 16:19
Stubborn Cash Squeeze Risks Derailing India’s Economic Recovery
A cash crunch is persisting in India, pushing short-term borrowing costs above a key policy interest rate and
2023-05-17 12:15
Australia Pay Gains Suggest Economy Will Avoid Wage-Price Spiral
Australian salaries rose at around half the pace of inflation in the first three months of 2023, suggesting
2023-05-17 11:58
Japan Economy Grows More Than Expected After Technical Recession
Japan’s economy expanded at a faster pace than expected as a further easing of pandemic regulations boosted consumption,
2023-05-17 08:17
Turkish Central Bank’s First Post-Vote Moves Focus on Gold, Cash
Turkey’s central bank unveiled its first measures after Sunday’s presidential elections, adding to a tangle of rules it’s
2023-05-16 18:50
UK Labor Market Softens Even as Wages Continue to March Higher
The UK labor market showed fresh signs of cooling in a boost for bets that interest rates are
2023-05-16 16:17
China’s Economic Recovery Worries Mount as Data Disappoints
China’s consumer spending and industrial activity grew at a slower pace than expected in April, adding to signs
2023-05-16 10:28
China’s Central Bank Outlook Spurs Call for Monetary Action
The People’s Bank of China hinted Monday it will keep monetary policy supportive, prompting expectations it may cut
2023-05-16 09:48
Yellen Sticks With Warning US Could Run Out of Cash by June 1
Treasury Secretary Janet Yellen on Monday reiterated her warning that her department could run out of cash as
2023-05-16 04:56