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 10:28
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 10:19
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
Petrobras Is Said to Rule Out Buyout Offer for Brazil’s Braskem
Petroleo Brasileiro SA is not considering proposing an offer to buy out Brazilian petrochemical maker Braskem SA, according
2023-06-15 09:25
Japan’s Exports Weaken Further Amid Global Economic Slowdown
Japan’s exports expanded at the weakest pace in over two years amid a global economic slowdown, an outcome
2023-06-15 08:58
Berkshire Unit Fire Suit Heads Toward Multibillion-Dollar Finale
A Berkshire Hathaway Inc. energy unit’s $87 million hit this week in a first-of-its-kind trial blaming the company
2023-06-15 08:54
Oil Holds Loss on Jump in US Stockpiles, Fed Rate-Hike Signal
Oil held most of a drop driven by a surprise jump in US crude stockpiles and the Federal
2023-06-15 08:53
Bond Traders Step Up Bets the Fed Will Steer US Economy Into Recession
Bond traders are stepping up wagers that the Federal Reserve will steer the US economy into a recession.
2023-06-15 08:20
Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal
2023-06-15 08:18
Strategists See Resilience in Asia FX, Stocks After Fed
Asian stocks and emerging-markets currencies should be resilient while short-end bond yields are likely to move higher. Those
2023-06-15 07:58
New Zealand Falls Into Recession as GDP Drops in First Quarter
New Zealand’s economy contracted for a second consecutive quarter in the first three months of the year, confirming
2023-06-15 07:28