Singapore Bids Libor Farewell With Surge in SORA Derivatives
Singapore’s financial markets have rapidly switched to a new lending benchmark as the city-state joins the world in
2023-06-30 11:49
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:23
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:20
Yen Weakens to 145, Approaches Last Year’s Intervention Level
The yen fell through 145 per dollar for the first time since November, nearing a level where Japan
2023-06-30 10:26
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
2023-06-30 09:51
India’s HDFC Vaults Into Ranks of World’s Most Valuable Banks
A homegrown Indian company will for the first time rank among the world’s most valuable banks after completing
2023-06-30 09:49
Hailey Bieber Looks to Beat Beauty Brand Fatigue With Rhode Label
Hailey Bieber has grand plans for her skin-care label, Rhode, aiming to stand out in an increasingly crowded
2023-06-30 09:25
Spirit Workers Vote to End Strike at Boeing’s 737 Supplier
Spirit AeroSystems Holdings Inc. workers approved a new labor contract, ending a six-day strike that threatened to disrupt
2023-06-30 09:22
Oil Heads for First Back-to-Back Quarterly Decline Since 2019
Oil was on track for its first back-to-back quarterly loss since 2019 as persistent concerns over the demand
2023-06-30 08:48
Tokyo Inflation Speeds Up Again as Japan Production Sputters
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations
2023-06-30 08:18
Western Global Founder Buys Debt in Bid to Keep Airline Afloat
Western Global Airlines LLC founder and Chief Executive Officer Jim Neff bought the cargo airline’s deeply distressed secured
2023-06-30 07:50
UK Business Confidence Rebounds to a 13-Month High, Lloyds Says
UK business confidence rose to a 13-month high in June as firms shrugged off another Bank of England
2023-06-30 07:24