UK House Prices Are Falling Again — And There’s More Pain Ahead
The UK housing market is sputtering again, with economists predicting that the downturn has further to run as
2023-06-02 15:49
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, bringing back
2023-06-02 14:58
Half of China Cities Face Debt Service Difficulty, Rhodium Says
Financial stress faced by China’s local governments is limiting fiscal support for the economy’s recovery, with half of
2023-06-02 13:52
Korean Won Won’t Recover to Pre-Pandemic Levels, BOK Member Says
The won isn’t likely to strengthen to pre-pandemic levels, given structural changes including heightened geopolitical competition, an aging
2023-06-02 12:25
Australia Raises National Minimum Wage 5.75%, Currency Declines
Australia’s industrial relations umpire raised the national minimum wage by 5.75% from July 1 in an effort to
2023-06-02 09:26
New Zealand Import Volumes Surge, Adding to Risk of Recession
New Zealand import volumes surged the most in two years in the first quarter, adding to signs the
2023-06-02 08:55
Investors Zero In on China Local Debt Blowup as Top Risk in Asia
Investors across Asia earmarked China’s ballooning levels of municipal borrowing as the region’s number one financial risk this
2023-06-02 08:19
Economists See More Chance of Near-Term BOJ Change Than Markets
Economists appear to see a greater possibility of the Bank of Japan adjusting policy in the near-term than
2023-06-02 07:46
Asia Stocks to Track US Rally Ahead of Jobs Data: Markets Wrap
Asia stock futures rose after a renewed rally in tech giants pushed Wall Street higher, with focus turning
2023-06-02 06:45
Senate Racing to Pass Debt Bill to Avert June 5 US Default Deadline
The US Senate prepared Thursday to take up the debt-limit deal forged by President Joe Biden and House
2023-06-02 00:49
Brazil’s Economic Growth Bounces Back Under Lula and Defies High Interest Rates
Brazil’s economy roared back in the first months of 2023, lifted by bumper harvests that outweighed the drag
2023-06-01 23:18
Ghana Nears $2.6 Billion Debt Revamp Deal With Pension Funds
Ghana’s pension funds are close to agreeing to a deal to restructure $2.6 billion worth of government bonds
2023-06-01 22:53