BRICS Expansion Gets Interesting If Saudis Join, Jim O’Neill Says
Adding countries to the BRICS bloc will matter economically if Saudi Arabia is one of them but otherwise
2023-08-21 18:18
Biden to Visit Hawaii in Stepped-Up Response to Disastrous Fires
President Joe Biden aims to show the federal government is there for Maui residents when he visits the
2023-08-21 17:15
Heat Still Stifles Parts of Europe as Wild Fires Burn in Greece
Parts of Europe will remain much hotter than normal this week as wild fires destroy homes and forests
2023-08-21 16:50
Fitch Makes Case for Why Netanyahu Won’t Doom Israel Economy
When Fitch Ratings issued an optimistic report on Israel last week, it defied growing conventional wisdom that the
2023-08-21 16:26
Lira Lifesaver Became $124 Billion Gamble That Now Haunts Turkey
As the lira was approaching a decade of continuous losses, Turkish policymakers hit on an idea that promised
2023-08-21 16:22
Bitcoin Extends Losses as Global Jump in Bond Yields Deters Dip Buying
Bitcoin added to losses racked up during the token’s worst week since November last year as the prospect
2023-08-21 16:17
European Gas Prices Soar on Australia LNG Workers’ Ultimatum
European natural gas prices jumped as workers serving a key export project in Australia prepare for a strike
2023-08-21 14:26
Rupee Outperforms EM Asia Peers Even as It Nears Record Low
The Indian rupee is within a whisker of a record low, but it’s still a favored emerging-market currency
2023-08-21 13:57
The Emerging Market Bloc That Wants to Shake Up the World Order
The world’s leading emerging market powers have complained for years about being sidelined by wealthy nations. Now they
2023-08-21 12:23
China Local Governments to Sell $206 Billion of Financing Debt
China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan
2023-08-21 11:22
Chinese Banks Disappoint With Smaller Lending Rate Cuts
Chinese banks made a smaller-than-expected cut to their benchmark lending rate on Monday and avoided trimming the reference
2023-08-21 10:26
Beset by domestic economic woes, China's Xi visits South Africa in just his second trip abroad this year
Chinese leader Xi Jinping heads to South Africa Monday on a trip intended to bolster Beijing's influence among developing and emerging nations, as ties with the United States remain deeply strained and economic troubles bubble up at home.
2023-08-21 09:50