Stubborn UK Inflation Triggers a Mortgage Crisis for Millions
Britain’s mortgage market has become a horror show for borrowers and the government as soaring interest rates threaten
2023-06-23 12:18
Yen Traders on Verbal Intervention Watch as Weakness Extends
Tokyo’s FX traders are scanning the airwaves for official comments as the yen slumps toward levels where the
2023-06-23 11:24
South Korea’s $1.9 Trillion Stock Market Has to Wait Longer to Enter MSCI’s Big Leagues
Global index provider MSCI Inc. decided to retain South Korea on its list of emerging markets following an
2023-06-23 10:47
Philippine Central Banker Signals 2023 Pause as Term Nears End
The Philippine central bank will probably keep its benchmark interest rate steady for the rest of the year
2023-06-23 10:21
Japan’s Inflation Outpaces Forecast Amid Focus on BOJ Price View
Japan’s consumer prices rose at a faster pace than economists expected in May, an outcome that could fuel
2023-06-23 08:29
Yellen Sees Lower US Recession Risk, Says Consumer Slowdown Needed
Treasury Secretary Janet Yellen sees diminishing risk for the US to fall into recession, and suggested that a
2023-06-23 07:22
Asia Stocks Set for Mixed Open as Bond Yields Rise: Markets Wrap
Asian stocks were set for a mixed open after US equities struggled for direction throughout most of the
2023-06-23 06:50
Mexico Holds Key Interest Rate at 11.25% as Inflation Slows
Mexico kept borrowing costs unchanged for a second straight month as the central bank vows to maintain its
2023-06-23 04:21
IMF Touts $100 Billion for Poorest; Zambia Deal: Paris Update
The International Monetary Fund confirmed rich countries have channeled $100 billion to finance lending for the world’s poorest
2023-06-23 00:16
Turkish State Banks Hold off Lira Defense in Policy Shift Signal
Turkey’s state-run banks didn’t intervene to prop up the lira on Thursday, even after a central bank interest-rate
2023-06-22 23:28
Fed’s Powell Says US May Need One or Two More Rate Hikes in 2023
Federal Reserve Chair Jerome Powell said returning US inflation to 2% is crucial to support the long-term health
2023-06-22 23:17
Turkey’s Lira Slumps After a Smaller-Than-Expected Rate Rise
Turkey’s central bank delivered a significantly smaller interest-rate increase than anticipated, as policy makers embark on what they
2023-06-22 20:54