China’s Top Rating Firm Downgrades US in Echo of Global Rivalry
While the world’s major credit-rating agencies have held off downgrading the US as Washington barrels toward the fiscal
2023-05-26 10:56
Australia Retail Sales Flat as Higher Rates Drag on Spending
Australian retail sales were flat in April, ending a three-month streak of gains, suggesting consumers are reining in
2023-05-26 10:46
BOJ’s Ueda Says Wages Aren’t the Goal, Keeps Speculators in Dark
Bank of Japan Governor Kazuo Ueda indicated his desire to hold on to policy flexibility by playing down
2023-05-26 10:24
Tokyo Inflation Slows, Supporting BOJ’s Price View for Now
Inflation in Tokyo slowed, supporting the Bank of Japan’s view that prices will likely slow toward the autumn,
2023-05-26 08:28
Debt Talk Progress, US Rally Support Asia Stocks: Markets Wrap
Asian stocks were likely to find some support from signs of progress in debt-ceiling talks and gains in
2023-05-26 07:54
New Zealand Cyclone Was Less Inflationary Than Feared, RBNZ Says
The cyclone that devastated large parts of New Zealand’s North Island in February has been less inflationary than
2023-05-26 07:51
Yen Weakens Past 140 Per Dollar as Traders See Another Fed Hike
The yen weakened beyond 140 per dollar for the first time since November as traders moved to price
2023-05-26 04:20
Lula Cuts Car Taxes in Bid to Revive Brazil’s Ailing Auto Sector
President Luiz Inacio Lula da Silva rolled out a series of tax breaks to make low-priced vehicles more
2023-05-26 02:46
Extreme Debt-Ceiling Fears Abate Though Markets Still on High Alert
There has been a slight reduction in the fear premium being baked into Treasury bills that are most
2023-05-26 02:23
Goldman to BBVA Say Dollar Weakness to Boost Mexican Peso
Analysts from Goldman Sachs & Co to XP Investimentos are betting a fresh bout of dollar weakness can
2023-05-26 01:50
McCarthy Says Issues Remain in Debt Talks, All Won’t Be Happy
Speaker Kevin McCarthy said issues remain in negotiations with the Biden administration on raising the federal debt limit
2023-05-25 21:18
Ramaphosa Rules Out South Africa Abandoning Neutral Stance on War in Ukraine
South Africa’s president insisted his country won’t be drawn into taking sides in the conflict between Russia and
2023-05-25 20:50