Russia’s Rupee Trap Is Adding to $147 Billion Hoard Abroad
A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in
2023-06-01 16:59
Larry Summers Sees UK Recession After ‘Historic Error’ on Brexit
Larry Summers has said he would be “very surprised” if the UK gets through the next two years
2023-06-01 16:55
Pakistan Moves to Ease Pressure on Rupee in Retail Market
Pakistan moved to ease pressure on the rupee in the open market, sending the currency surging in the
2023-06-01 16:51
ECB’s Knot Says 2024 Rate-Cut Bets May Have to Be Adjusted
European Central Bank Governing Council member Klaas Knot said it’s “not unlikely” that investors will have to adjust
2023-06-01 16:49
Singapore, China Agree to Set Up High-Level Defense Hotline
China and Singapore agreed to work toward establishing a secure defense telephone link for high-level communications, as the
2023-06-01 16:46
Europe’s Unused Coal Heads to New Shores in Post-Crisis Glut
Traders are seeking buyers for piles of unused coal before it becomes worthless after the fuel was hoarded
2023-06-01 16:46
ECB Warns BOJ Policy Change Could Test Global Bond Markets
A rare European Central Bank warning about the bond market risk of a Bank of Japan policy change
2023-06-01 16:29
Asian Gas Premium Puts Europe in Competiton for LNG This Summer
Spot prices for liquefied natural gas in Asia are trading at a consistent premium over the European benchmark
2023-06-01 16:26
Byju’s Lenders Scrap Talks to Restructure $1.2 Billion Loan
Creditors to Byju’s, India’s most valuable startup, have pulled out of negotiations with the company to recast a
2023-06-01 16:22
Salesforce Gives Forecast for Slowing Sales Growth in Push for Profit
Salesforce Inc. isn’t growing as fast as it used to while the software company shifts its focus to
2023-06-01 16:21
Swiss Watch Exports to US Fall for First Time in Over Two Years
Monthly Swiss watch exports to the US declined for the first time in more than two years signaling
2023-06-01 15:58
Biggest Crypto Stablecoin Recovers All Value Lost in 2022 Crash
Tether Holdings Ltd.’s stablecoin has recovered all of the roughly $20 billion in market value it lost following
2023-06-01 15:55