Canada’s Economy Is Proving Surprisingly Immune to Higher Interest Rates
Canada’s economy hasn’t buckled under the weight of higher borrowing costs. On the contrary: strong growth has more
2023-06-05 22:18
Russia’s Oil and Gas Revenue Shrank by Over a Third in May
Russia’s oil and natural gas revenue fell by more than a third in May, hit by lower crude
2023-06-05 20:47
BOE Wants Deposit Protection Fund to Recapitalize Failing Banks
The Bank of England is drawing up plans to recapitalize failing banks through the industry’s deposit protection program
2023-06-05 20:28
Saudi Arabia, US Make Tentative Steps Toward Healing Deep Rift
US Secretary of State Antony Blinken’s visit to Saudi Arabia this week is the latest sign of improving
2023-06-05 20:00
Ukraine’s European Neighbors Set to Extend Grain Import Ban
Ukraine’s European neighbors are set to extend a ban on importing the country’s grain until mid-September, a move
2023-06-05 18:17
China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
2023-06-05 17:56
Daiwa Says Staff Freely Using ChatGPT, Plans Tech Hiring Boost
Daiwa Securities Group Inc. employees are widely using an artificial intelligence-powered chatbot in Japan, as the nation’s second-largest
2023-06-05 17:24
China Bonds at Center of Crisis Fears Are Posting Surprise Gains
For all the concern about a debt crisis facing China’s local governments, the bonds most exposed to a
2023-06-05 17:24
Germany Lines Up €50 Billion to Help Heavy Industry Go Green
Germany plans to help energy-intensive manufacturers transition to climate-neutral technologies with roughly €50 billion ($53.4 billion) in subsidies.
2023-06-05 17:24
Erdogan’s Gas Giveway Helps Cool Inflation Before Policy Reboot
Turkey’s inflation decelerated to the slowest since 2021 as President Recep Tayyip Erdogan made good on a promise
2023-06-05 16:56
Swiss Underlying Inflation Gauge Slows Below SNB 2% Ceiling
A measure of underlying inflation in Switzerland slowed more than expected to below the central bank’s ceiling, giving
2023-06-05 16:18
ECB’s Vujcic Says Inflation Risks Are Still Tilted to Upside
European Central Bank Governing Council member Boris Vujcic said the surge in consumer prices is only slowly abating,
2023-06-05 15:56