RBNZ’s Orr Says Mild Recession ‘Bare Minimum’ to Tame Inflation
New Zealand central bank Governor Adrian Orr said a mild recession would be the “bare minimum” before policymakers
2023-08-17 08:24
Rate Cut Wagers Are Fast Disappearing Across Emerging Asia
Emerging Asian bond investors are turning cautious amid signs that the region’s central banks may not start cutting
2023-08-17 08:22
More than 1.5 million dehumidifiers recalled for fire and burn hazards
Chinese home appliance manufacturer Gree is recalling 1.56 million humidifiers for fire and burn hazards, including reports of 23 units catching on fire, the US Consumer Product Safety Commission announced Wednesday.
2023-08-17 08:22
Oil Extends Decline as China Concerns and Fed Warning Take Toll
Oil fell for a fourth day on concerns over the Chinese economy and the possibility of even tighter
2023-08-17 08:19
China’s Housing Slump Is Much Worse Than Official Data Shows
Judging by China’s official statistics, the nation’s housing market has been remarkably resilient in the face of tepid
2023-08-17 07:49
World Bank’s Return to Office Spurs Grumbling But It Comes With Perks
A return-to-office requirement from the World Bank is producing grumbling among its staff, although the development lender is
2023-08-17 07:46
Some 40% of Japanese firms see fundraising impact from BOJ tweak: Reuters poll
By Anton Bridge TOKYO About 40% of Japanese firms expect the central bank's recent policy adjustment to have
2023-08-17 07:27
Luxury London Home Sellers Cut Asking Prices to Keep Deals Alive
Britain’s intensifying mortgage crunch is now forcing London’s wealthiest home sellers to agree to discounts or risk deals
2023-08-17 07:26
China Leaders Vow to Lift Consumption Without Detailing How
China’s top leaders pledged to expand domestic consumption and support the private sector without detailing any new stimulus
2023-08-17 06:58
Asia Shares Face Pressure as US Stocks, Bonds Drop: Markets Wrap
Shares in Asia are primed for declines Thursday after a selloff in US stocks and bonds following hawkish
2023-08-17 06:56
Ecuador Rating Cut by Fitch After Killing as Key Election Nears
Ecuador had its credit score slashed Wednesday by Fitch Ratings, which cited heightened financing risks for the Latin
2023-08-17 06:48
When Fed Cuts Rates, It May Still Be Tightening Via QT Program
Federal Reserve officials are more seriously discussing the possibility that they may not have to stop shrinking their
2023-08-17 06:26