Esoteric Fines Pile Up as China’s Provinces Hunt for Revenue
China’s indebted local governments are using a controversial way to generate revenue as they struggle to pay bills:
2023-06-12 05:23
Nigerian Ouster of Central Bank Governor Seen as Market Positive
Markets are likely to respond positively to the weekend ouster of Nigeria’s central bank governor, which will allow
2023-06-11 22:27
As Fed Signals Rate Pause, Powell Will Have to Placate Hawks
Federal Reserve officials are ready to take a breather after more than a year of driving up interest
2023-06-11 20:51
‘Decade of Emerging Markets’ May Be About to Regain Traction
Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled and proved
2023-06-11 20:21
Bond Traders Brace for Fed Meeting Fraught with Wildcards, Risks
The risks for bond investors from next week’s Federal Reserve meeting go well beyond whether officials decide to
2023-06-11 04:28
Fed Is First to Reach Crucial Junction in Global Inflation Fight
The world’s major central banks are approaching a critical juncture in their fight against inflation, with the route
2023-06-10 21:25
Pakistan Set for Bilateral Debt Talks Amid IMF Uncertainty
Pakistan will go to bilateral creditors to try to change some terms of its repayment structure as it’s
2023-06-10 20:20
Charting the Global Economy: Weak Trade Shows China Struggling
Fresh trade data out of China added to evidence that the world’s second-largest economy is struggling for traction.
2023-06-10 17:53
Nigeria’s Central Bank Governor Suspended by President
Nigerian central bank Governor Godwin Emefiele on Friday was suspended by President Bola Tinubu a year before his
2023-06-10 16:28
Egypt’s Inflation Accelerates Anew to Stay Above 30%
Egyptian inflation accelerated after a monthlong respite, as a round of price increases by authorities fans pressures already
2023-06-10 14:29
Turkish Investors Looking for Haven Turn to Stablecoin Tether
People in Turkey are running to the crypto market as a haven against the collapsing lira currency. Local
2023-06-10 14:16
Starmer Sacrifices Key Proposal to Protect His Path to Victory
Keir Starmer may well be the next UK prime minister if he can keep opinion polls where they
2023-06-10 12:50