economy

Analysis: Investors look to emerging markets as planets align for end of dollar bull market

As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from…

3 years ago

Improbable bets on break of Hong Kong dollar peg adding up

It's what is known in the markets as a "tail risk": a highly unlikely scenario in which Hong Kong's currency…

3 years ago

Analysis: Markets sigh with relief after Powell speech, but more turbulence likely ahead

A rally in U.S. stocks and bonds powered ahead after a speech by Federal Reserve Chairman Jerome Powell on Wednesday,…

3 years ago

Exclusive: China set to fine Ant Group over $1 billion, signalling revamp nears end-sources

Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma's Ant Group, said six…

3 years ago

Europe rushes to fill up on Russian diesel before ban begins

European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February,…

3 years ago

Sri Lanka announces budget aimed at clinching IMF deal, sees recovery by end-2023

The crisis-hit Sri Lankan economy can turnaround by end of 2023 if budget policies, which are not limited to the…

3 years ago

India’s first fully solar village lights up the lives of poor residents

These days, Prajapati, 68, from the village of Modhera in western India's Gujarat state, has doubled the amount of earthenware…

3 years ago

European stocks hit six-week high, investors focus on Fed

European stocks rose in early trading on Tuesday, supported by speculation among investors that central banks could come to the…

3 years ago

NatWest shares plunge after warning on rising costs

NatWest's shares fell as much as 9% on Friday after the British bank warned of rising costs, and as its third-quarter…

3 years ago

Japan ramps up intervention threats after yen slides past key 150 level

Japanese policymakers made fresh threats of intervention on Thursday after the yen tumbled past the key psychological level of 150…

3 years ago