Chair Jerome Powell signaled the Federal Reserve will slow the pace of interest-rate increases next month, while stressing borrowing costs will need to keep rising and remain restrictive for some...
Rate hikes by the US Federal Reserve are significantly increasing the cost of capital for South Korea’s startups, elevating the chance many may face bankruptcy in coming months, according to the...
30/11/2022
Oil surged on expectations that the Organization of Petroleum Exporting Countries and allies will deepen supply cuts and speculation China could relax Covid-Zero curbs after protests flared in the...
29/11/2022
China's central bank will offer cheap loans to financial firms for buying bonds issued by property developers, four people with direct knowledge of the matter said, the strongest policy support yet...
28/11/2022
A closely-watched gauge of Asian oil demand has slumped to a seven-month low as surging virus cases in China trigger lockdown-like restrictions in the biggest crude importer.Source: Bloomberg
25/11/2022
China’s bond bulls betting on a boost from imminent monetary stimulus may be disappointed, as Beijing could be nearing the end of its easing cycle amid growing concerns about inflation.Source:...
24/11/2022
Kansas City Federal Reserve Bank President Esther George said ample US savings will help to buffer households but could also mean higher interest rates are needed to cool spending.Source: Bloomberg
23/11/2022
With just two weeks to go until European Union sanctions come into force, Russia has already lost more than 90% of its market in the bloc’s northern countries, previously the mainstay of shipments...
22/11/2022
Sam Bankman-Fried’s bankrupt crypto empire owes its 50 biggest unsecured creditors a total of $3.1 billion, new court papers show, with a pair of customers owed more than $200 million each.Source:...
21/11/2022
After dealing with a largely friendly Congress over the past two years, Federal Reserve Chair Jerome Powell faces rising tensions over his policies as Democrats warn about job losses while...
18/11/2022