Japan’s Factory, Service Activity Signal Strengthening Recovery
Activity in Japan’s service and factory sectors expanded in May, signaling a stronger post-pandemic economic recovery. The au
2023-05-23 09:57
Biden, McCarthy Have Productive Talk on Debt But No Deal Yet
House Speaker Kevin McCarthy said he and President Joe Biden had a productive talk but have not yet
2023-05-23 07:56
Argentina Introduces 2,000 Peso Banknote. It’s Worth $4
Argentina introduced its largest-denomination banknote on Monday as inflation running at more than 100% a year forces the
2023-05-23 02:53
Two Fed Officials Say More Interest-Rate Raises May Be Needed to Cool Prices
Two Federal Reserve hawks saw the need to raise interest rates further this year, days after Chair Jerome
2023-05-23 01:50
Israel Extends Record-Long Rate Hikes After Politics Hurt Shekel
Israel delivered an unprecedented 10th consecutive interest-rate hike, with a top central banker saying political uncertainty linked to
2023-05-23 00:58
Ghana Hits Pause on Interest-Rate Hikes After IMF Deal Clinched
Ghana’s central bank paused its steepest phase of monetary tightening, after clinching a $3 billion lifeboat from the
2023-05-22 19:56
Germany Business Gloom in Survey Points to Zero Growth for 2023
German companies aren’t seeing any evidence of an pickup taking hold in Europe’s biggest economy, according to a
2023-05-22 15:59
China’s Banks Keep Lending Rates Unchanged After PBOC’s Hold
Chinese banks kept their benchmark lending rates unchanged for a ninth consecutive month following the central bank’s decision
2023-05-22 09:47
McCarthy Says Debt-Limit Talks With Biden Will Resume Monday
House Speaker Kevin McCarthy said he and President Joe Biden will meet Monday afternoon and negotiators will resume
2023-05-22 01:22
Australia’s Minimum Wage Gain Must Match Inflation, Burke Says
Australian Employment Minister Tony Burke strongly backed an increase in the minimum wage that matches inflation, arguing the
2023-05-21 14:57
Charting the Global Economy: China’s Recovery Is Losing Momentum
China’s economic recovery is losing a step after an initial burst in consumer and business activity early in
2023-05-20 17:22
Latin America’s Inflation Is Hitting a Turning Point, Fueling Rate Cut Calls
Latin America’s top central bankers reinforced their inflation warnings at a high-profile event in Sao Paulo on Friday,
2023-05-20 07:56