Fed’s Barr Says Banks Need Broader Stress Tests to Expose Risks
The Federal Reserve’s head of supervision wants to broaden the scenarios in annual stress tests to gauge whether
2023-10-20 03:46
Powell Signals Fed to Stay on Hold and Keep Future Hike on Table
Federal Reserve Chair Jerome Powell suggested the US central bank is inclined to hold interest rates steady again
2023-10-20 03:17
Bank Indonesia Unexpectedly Resumes Rate Hike to Support Rupiah
Indonesia’s central bank resumed raising interest rates, surprising the markets as it moved to help bolster the rupiah
2023-10-19 16:19
ECB’s Digital Euro Moves One Step Closer to Becoming Reality
The European Central Bank shifted to the next stage of its digital-euro project — preparing the ground to
2023-10-19 16:18
Sri Lanka Bondholders’ Proposal Is Met With Government Pushback
Sri Lanka is taking an unfavorable view toward a proposal by foreign dollar bondholders for restructuring its debt,
2023-10-19 16:15
Egypt Stocks Rally to New High as Locals Buy on Devaluation Bets
Egyptian stocks rallied to fresh highs this week even as tensions escalated in the Middle East, as local
2023-10-19 15:23
Xi Says Green Projects Will Anchor China’s Overseas Spending
Delegates from developing nations are leaving meetings in China this week with grand promises of aid for green
2023-10-19 13:53
China’s Regional Banks Face $300 Billion Hit on LGFVs, S&P Says
China’s regional banks could incur a capital hit of 2.2 trillion yuan ($301 billion) from a growing debt
2023-10-19 12:26
China Sells Most US Securities in Four Years Amid Yuan Weakness
Chinese investors offloaded the most US bonds and stocks in four years in August, fueling speculation the authorities
2023-10-19 12:19
Traders Brace for Big Swings in Yen Amid Intervention Threat
Options traders are preparing for turbulent yen trading. Fluctuations are likely to increase amid growing concerns the Japanese
2023-10-19 11:50
BOK Caution Strengthens as Israel-Hamas Conflict Heightens Risks
The Bank of Korea flagged heightened uncertainty stemming from the Israel-Hamas conflict as it stood pat on interest
2023-10-19 10:45
Japan Exports Rise More Than Expected in Support for Recovery
Japan’s exports rose more than expected in September, supporting the nation’s moderate recovery from the pandemic. The value
2023-10-19 09:59