China Told State Banks to Escalate Yuan Intervention
Chinese authorities told state-owned banks to step up intervention in the currency market this week, in a push
2023-08-17 19:18
Cnooc First-Half Profit Slides as Weaker Oil Prices Hit Driller
Cnooc Ltd. said its first-half profit declined as oil prices slumped over concerns about global growth, including China’s
2023-08-17 18:46
South African Reserve Bank Leaves Door Open to More Hikes
South Africa’s central bank remains concerned by the risks to the inflation outlook and may resume hiking interest
2023-08-17 18:46
South Africa Sees Deal With China to Secure Solar Panel Supply
South Africa’s electricity minister said he expects to seal a deal with the Chinese government next week that
2023-08-17 17:57
Sanchez Notches Big Win in Bid to Retain Spanish Premiership
Spanish Prime Minister Pedro Sanchez’s Socialist party won a key vote in the country’s fragmented parliament, handing the
2023-08-17 17:49
Russia Turns Screws on Exporters After Debating Capital Controls
Russia’s government will hold off on stiffening restrictions on the movement of capital and instead prepare recommendations for
2023-08-17 17:46
Chinese Officials Meet Foreign Firms to Ease Data Law Fears
China’s internet regulator is reaching out to foreign firms, including Walmart Inc. and PayPal Inc., to discuss ways
2023-08-17 17:20
Philippines Leaves Key Rate Steady as it Keeps Hawkish Bias
The Philippine central bank left its benchmark interest rate unchanged for a third straight meeting as the economy
2023-08-17 16:52
Takealot Starts Cape Town Rapid Delivery Before Amazon Comes
Takealot, South Africa’s leading online retailer, is introducing delivery within an hour for items ranging from phone chargers
2023-08-17 16:48
Currency Traders Hang on Every Word as Tokyo Jawbones Yen
Traders are scrutinizing every word from Japanese currency officials with renewed intensity as nine straight days of declines
2023-08-17 16:22
Norway Raises Key Rate and Signals Last Hike in September
Norway’s central bank raised borrowing costs to the highest level since the 2008 financial crisis and signaled it
2023-08-17 16:17
Biden’s China Investment Rules Mean More Data for US Spies to Tap
President Joe Biden’s plan to limit certain investments in China may prove a boon for US intelligence agencies.
2023-08-17 16:16