Final Stretch of Central-Bank Hiking Will Be Toughest, BIS Says
The unprecedented cycle of global interest-rate increases is entering its most challenging stretch as inflation threatens to become
2023-06-25 17:23
Gwede Mantashe Spurns South Africa’s Green Energy Meeting
South African Energy Minister Gwede Mantashe refused to attend a top-level meeting held by President Cyril Ramaphosa with
2023-06-25 16:50
ECB Is Entering Final Stretch of Interest Rate Hikes, Guindos Says
The European Central Bank is “entering the final stretch” of its tightening cycle, according to Vice President Luis
2023-06-25 15:24
Russia Latest: Italy Now Sees Weakened Russia on Ukraine Front
Wagner Group mercenary leader Yevgeny Prigozhin halted his dramatic advance toward Moscow and pulled his fighters back, defusing
2023-06-25 14:57
Hong Kong May Relax Some Mortgage Rules, Chan Says
Hong Kong’s government is considering marginally relaxing mortgage loan-to-value ratios for some residential property purchases, the city’s finance
2023-06-25 14:56
Cargo Airline Western Global Weighs Bankruptcy as Cash Dwindles
Western Global Airlines LLC is weighing options including filing for bankruptcy as it faces dwindling liquidity, according to
2023-06-25 11:53
Trump Hardens Position on Abortion, Rails Against Indictment
Former President Donald Trump hardened his position on abortion in a speech to evangelical Christian voters, saying there’s
2023-06-25 11:18
Pricey Junk Bonds Are Seeing a Sudden Vibe Shift: Credit Weekly
Bullish bets on high-yield corporate bonds are starting to unravel as interest rates look set to stay higher for longer.
2023-06-25 05:24
Polish President Duda Says De-Escalation Under Way in Russia
The situation in Russia appears to be de-escalating, which bodes well for Poland’s security, President Andrzej Duda said.
2023-06-25 04:59
On Deck for Fed, ECB — Another Dose of Inflation Data: Eco Week
Fresh inflation readouts this week will probably feed into expectations of further policy tightening by Federal Reserve and
2023-06-25 04:48
Powell Wins Over Bond Traders Dialing Back Bets on Deep Downturn
The bond market is finally getting in sync with Jerome Powell’s outlook for the economy. Traders have scrapped
2023-06-25 04:25
Prigozhin Turns His Forces Back from Moscow, Avoids Showdown
Wagner mercenary leader Yevgeny Prigozhin dramatically halted his advance toward Moscow and ordered his fighters to return to
2023-06-25 02:53