Economy

Economy

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Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets

Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen...

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Economy

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Aussie Falters on Soft Jobs Data, kiwi Calm After Ardern Resignation

The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data knocked the...

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Economy

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BOJ keeps Record-Low Rates Unchanged, Maintains Yield Curve Control

The Bank of Japan (BOJ) kept its benchmark interest rates unchanged as expected on Wednesday, and also maintained its current rate of yield...

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Economy

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U.K. Unemployment Rose Less Than Feared in December

The U.K. labor market stayed stronger than expected in December, with the number of benefit claimants rising only moderately. At the same...

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Economy

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China Q4 GDP Slows on COVID Woes, But Beats Expectations

The Chinese economy grew at a slower pace in the fourth quarter of 2022, data showed on Tuesday, as disruptions caused by the country’s...

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Economy

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Crude Oil Lower; Monthly Demand Reports in Focus

Oil prices fell Monday, consolidating after last week’s strong gains ahead of the release of demand forecasts from the OPEC and the IEA...

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Economy

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Asian Stocks Rally On China Stimulus, Japan Hit By BOJ Uncertainty

Most Asian stock markets surged on Monday, with Chinese indexes in the lead after the government rolled out more stimulus measures, while...

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Economy

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UBS has No Desire to Buy Credit Suisse, Chairman Tells Newspaper

UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank’s Chairman Colm Kelleher said in a interview published on...

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Economy

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Dollar Weakens in Wake of CPI Release; Yen Climbs Ahead Of BOJ

The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened...

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Economy

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European Stock Futures Higher; U.K. GDP Grows in November

European stock markets are expected to open slightly higher Friday, with investors focusing on a deluge of important economic data,...

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