Kenyan Central Bank Made Forex Blunders, Treasury Chief Says
The Kenyan shilling’s sharp slide against the dollar follows years of policy missteps at the central bank, according
2023-09-28 16:45
Italy Challenges EU by Using Deficit to Fund Election Vows
Italy will manage to bring its budget deficit below the limit set by the European Union only in
2023-09-28 15:58
India’s Current Account Deficit Widens Out-Pacing Estimates
India’s current account deficit widened more than expected in the June quarter as imports outpaced exports amid a
2023-09-28 15:46
TikTok’s E-Commerce Ambitions Stall as Global Backlash Grows
Teten Masduki couldn’t stop talking about TikTok. In a July meeting with his team, the Indonesian minister broke
2023-09-28 14:15
Vedanta Is Preparing to De-Merge Sprawling Operations
Vedanta Ltd. is preparing to spin off businesses into several listed entities in a broad restructuring that, if
2023-09-28 12:49
China’s Defense Minister Skips First Event Since Graft Reports
Chinese Defense Minister Li Shangfu mysteriously missed a key meeting attended by President Xi Jinping, bolstering reports he’s
2023-09-28 11:25
Dollar shines as oil surge spooks investors
By Tom Westbrook SINGAPORE Oil prices scaled one-year highs on Thursday, while world stocks eyed their longest losing
2023-09-28 10:51
China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:48
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
2023-09-28 09:57
TikTok’s E-Commerce Ambitions Dealt Blow as Indonesia Adds Curbs
Sea Ltd. gained a further 5% after Indonesia introduced sweeping regulations that will curb arch-foe TikTok’s efforts in
2023-09-28 09:55
Dollar sticks near 10-month high, keeping heat on yen
By Brigid Riley TOKYO The dollar clung near a 10-month high against a basket of its peers on
2023-09-28 09:17
Oil rises on US crude draws, tight global supply
By Laura Sanicola Oil prices rose in early Asian trade on Thursday after surging to the highest settlement
2023-09-28 08:18