US Curve Inversion Deepens to One Percentage Point After Powell
Bond investors’ concern over a potential US recession deepened after Federal Reserve Chair Jerome Powell signaled policymakers may
2023-06-22 10:56
Asian markets track US losses with rates seen rising further
Markets fell in Asia on Thursday as traders contemplated the prospect of more central bank interest rate hikes as they struggle...
2023-06-22 10:54
Turkey set to pivot to orthodoxy with rate hike
Turkey was widely expected Thursday to pivot away from years of unconventional economics promoted by President Recep Tayyip Erdogan and dramatically raise interest rates to fight...
2023-06-22 10:47
Bitcoin Surge Sparked by Optimism Over ETFs Pauses Around the $30,000 Level
A Bitcoin rally paused around $30,000 as investors assessed a flurry of applications in the US to start
2023-06-22 10:28
Texas AG Ken Paxton’s Impeachment Trial Set for Sept. 5
Embattled Texas Attorney General Ken Paxton is set to face an historic impeachment trial in the state Senate
2023-06-22 10:28
BOJ's Noguchi: must keep easy policy to ensure wages keep rising
By Leika Kihara TOKYO Bank of Japan board member Asahi Noguchi said on Thursday the central bank must
2023-06-22 10:28
Reformer fire quickly put out at Exxon Baytown, Texas, refinery - sources
HOUSTON A fire on a reformer at Exxon Mobil Corp's 564,440 barrel-per-day (bpd) Baytown, Texas, refinery was quickly
2023-06-22 10:21
Paris climate summit seeks global finance reform
Dozens of global leaders will gather in Paris Thursday for a summit to tease out a new consensus on international economic reforms to help debt-burdened developing countries face a growing...
2023-06-22 10:18
Asia stocks subdued after Powell testimony fails to surprise
By Ankur Banerjee SINGAPORE Asian shares made a tentative start to Thursday after Federal Reserve chair Jerome Powell
2023-06-22 10:18
Dollar weakens as Powell's testimony offers little surprise; sterling steady
By Rae Wee SINGAPORE The dollar languished near a one-month low against a basket of currencies on Thursday,
2023-06-22 09:59
Turkey's Erdogan set for economic U-turn and steep interest rate hike
Turkey is expected to reverse some of the unorthodox economic policies of President Erdogan.
2023-06-22 09:55
UPS Union Workers Seek ‘Big Raises’ in Thorny Pay Negotiations
United Parcel Service Inc.’s union asked the company for major pay increases and better benefits as negotiations over
2023-06-22 09:53