Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
2023-06-15 13:17
Dam Breach Remakes Ukraine Battlefield as Vast Reservoir Drains
Since the Kakhovka dam burst on June 6, the floods have cut off any chance Ukraine’s troops might
2023-06-15 12:23
BOE’s Interest Rate Hikes Are Taking Longer to Curb UK Inflation
A shift in Britain’s mortgage market is delaying the impact of higher interest rates on the economy, increasing
2023-06-15 12:23
China’s Property Investment Slump Deepens With Home Demand Weak
Chinese real estate investment slumped further in May, showing both extended weakness in a key engine for economic
2023-06-15 11:50
Australian Jobs Surge Boosts Rate-Hike Bets as Inflation Lingers
Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to
2023-06-15 11:20
Yen Falls to 7-Month Low as Traders Shift Focus From Fed to BOJ
The yen weakened to its lowest since November as traders shifted their focus from a hawkish Federal Reserve
2023-06-15 10:59
Australia’s Yield Curve Inverts for First Time Since 2008
Australia’s yield curve inverted for the first time since the financial crisis as traders increasingly priced in the
2023-06-15 10:54
Taiwan Likely to Pause Rate Hikes as Inflation Slows, Fed Holds
Taiwan’s central bank will likely keep rates on hold for the first time since 2021 at its board
2023-06-15 10:48
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:24
Stocks stall as US rates seen higher for longer
By Tom Westbrook SINGAPORE Asian stocks braked around two-month highs on Thursday, while the dollar nursed modest losses,
2023-06-15 10:23
IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen
The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout
2023-06-15 10:22
Goldman, Citigroup Begin Cutting About 35 Dealmakers Across Asia
Goldman Sachs Group Inc. and Citigroup Inc. are starting to cut another 35 investment-banking jobs across Asia this
2023-06-15 09:48