China’s PBOC Sticks With Yuan Support as Currency Losses Deepen
China took steps to slow a decline in the yuan for a fourth time this week, as its
2023-06-30 15:53
Sri Lanka Seeks to Restructure $19.8 Billion of Local Debt
Sri Lanka is seeking to restructure about $19.8 billion of local bills and bonds, equivalent to half of
2023-06-30 15:22
China Steelmakers Issue Stark Warning About Second-Half Outlook
China’s leading steelmakers warned the industry faces a very challenging second half as demand disappoints, profitability lags, and
2023-06-30 14:46
South Korea Passes Inaugural Standalone Crypto Bill After Spate of Scandals
South Korea approved its first standalone digital-asset bill to boost investor protection just over a year after the
2023-06-30 14:22
RBA to raise rates to 4.35% on July 4 but decision on a knife edge: Reuters poll
By Devayani Sathyan BENGALURU The Reserve Bank of Australia will likely raise its interest rate by 25 basis
2023-06-30 13:57
Colombia central bank set to hold rate, market looks for signs of coming cuts
By Nelson Bocanegra BOGOTA Colombia's central bank board is likely on Friday to hold the benchmark interest rate
2023-06-30 13:53
China’s Sweetener Makers Advance on WHO Aspartame Speculation
China’s sweetener producers gained after a report said the World Health Organization is set to decide on the
2023-06-30 13:29
Crisis-hit Pakistan strikes $3bn funding deal with IMF
The South Asian nation is facing its worst economic crisis since independence from Britain in 1947.
2023-06-30 12:25
Singapore Bids Libor Farewell With Surge in SORA Derivatives
Singapore’s financial markets have rapidly switched to a new lending benchmark as the city-state joins the world in
2023-06-30 11:49
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:23
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:20
Senior China Diplomat Dispatched to Italy to Keep Nation in Belt and Road Initiative
China dispatched a senior diplomat to Italy this week, as Beijing seeks to persuade the European nation not
2023-06-30 11:19