Debt-Limit Deal Passes the House, Easing US Default Concerns
The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints
2023-06-01 17:49
Euro-Area Core Inflation Eases But Won’t Stop ECB Raising Rates
Underlying inflation in the euro zone dipped by more than expected, though the retreat is unlikely to stop
2023-06-01 17:30
Larry Summers Sees UK Recession After ‘Historic Error’ on Brexit
Larry Summers has said he would be “very surprised” if the UK gets through the next two years
2023-06-01 16:54
Russia’s Rupee Trap Is Adding to $147 Billion Hoard Abroad
A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in
2023-06-01 16:52
ECB’s Knot Says 2024 Rate-Cut Bets May Have to Be Adjusted
European Central Bank Governing Council member Klaas Knot said it’s “not unlikely” that investors will have to adjust
2023-06-01 16:49
Pakistan Moves to Ease Pressure on Rupee in Retail Market
Pakistan moved to ease pressure on the rupee in the open market, sending the currency surging in the
2023-06-01 16:48
ECB Warns BOJ Policy Change Could Test Global Bond Markets
A rare European Central Bank warning about the bond market risk of a Bank of Japan policy change
2023-06-01 16:28
Nomura Sees Indian Economy Slowing After Growth Surprise
India’s strong economic growth momentum could slow in the coming months, making the central bank shift focus from
2023-06-01 15:27
Ramaphosa Deploys Envoys to Explain South Africa’s Russia Stance
South Africa’s president will send four of his cabinet ministers to Group of Seven nations to explain the
2023-06-01 13:16
BRICS Seize Chance to Counter US With Expansion, Common Currency
The BRICS group of emerging markets is ramping up its bid for greater global influence, sensing a moment
2023-06-01 12:20
Sri Lanka Cuts Rate First Time in 3 Years as Inflation Cools
Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central
2023-06-01 11:27
Schroders to Engage Countries on Climate Risk With New Framework
Schroder Investment Management Ltd. will seek more answers from governments over climate and other ESG risks, as the
2023-06-01 10:45