Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:57
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
2023-05-25 14:24
Southeast Asia’s Stock Valuation Premium Disappears Amid Selloff
The selloff in a gauge of Southeast Asian equities this month has made it cheaper than a broader
2023-05-25 14:21
Singapore Dollar at Record High Versus Ringgit on China Worries
The Singaporean dollar surged to the strongest level on record against the Malaysian ringgit, with the latter suffering
2023-05-25 14:16
RBI May Need to Buy $18 Billion of Bonds to Add Cash, ICICI Says
India’s central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish
2023-05-25 13:48
Solar Power Investment Set to Surpass Oil Production Spending This Year
Investors will pour more money into solar power than in oil production this year for the first time,
2023-05-25 13:23
Thailand’s Move Forward Says 19 Senators Backing Pita’s PM Bid
Thailand’s Move Forward party said more than a dozen senators have pledged support for Pita Limjaroenrat’s bid to
2023-05-25 13:20
Pakistan Growth Slows Sharply as Economic Challenges Mount
Pakistan’s economic growth slowed sharply to one of the lowest levels in its history as its woes intensify
2023-05-25 13:15
Cargo Ship Runs Aground in Suez Canal, Disrupting Trade Route
Work is underway to free a bulk carrier that’s run aground in the Suez Canal, causing fresh disruption
2023-05-25 12:59
ECB Must Still Raise Interest-Rates More, Vasle Tells Delo
The European Central Bank must lift borrowing costs further to return inflation to its target, Governing Council member
2023-05-25 12:23
Argentina Seeks Bigger China Swap Line to Curb Peso Selloff
Argentina’s government is asking China for an expansion of its bilateral currency swap in yuan as it seeks
2023-05-25 12:17
Singapore Says Aspects of US-China Rift ‘Appear Insurmountable’
The widening rift between the world’s two biggest economies, the US and China, now looks in some regards
2023-05-25 11:54