China Re-Ups Its Goal of an Internationalized Currency
China wants a strong currency to solidify its international influence Source: Original
PBOC Bought 20 Billion Yuan Bonds in October as Trading Resumed
«`html PBOC Acquires 20 Billion Yuan in Bonds as Trading Restarts In October, the People’s Bank of China (PBOC) made…
Portugal Has Plenty of Tourists. Now It Wants Data Centers
Investment around the town of Sines totals almost 5% of GDP as the country seeks to retool its economy for…
Australia Keeps Key Rate Unchanged on Renewed Inflation Worries
Australia’s central bank held its key interest rate steady in a widely anticipated decision, warning of stronger inflationary pressures in…
Malaysian Ringgit Nears One-Year High on Rate Outlook, Growth Optimism
Malaysia’s ringgit is hovering near its strongest level in a year, supported by expectations that the central bank will hold…
South Korea’s Inflation Picks Up, Backing Case for BOK Rate Hold
«`html South Korea’s Inflation Rises, Supporting Bank of Korea’s Decision to Maintain Interest Rates In October, South Korea experienced a…
Fed’s Cook Says Risk to Labor Market Outweighs Inflation Risk
Federal Reserve Governor Lisa Cook said she sees the risk of further labor-market weakness as greater than the risk that…
Daly Says Fed Should ‘Keep an Open Mind’ About December Rate Cut
Federal Reserve Bank of San Francisco President Mary Daly said the US central bank should “keep an open mind” about…
Brazil Central Bank Tightens Rules Amid Fintech Crime Crackdown
Brazil’s central bank unveiled a new set of rules for financial institutions on Monday, the latest step toward strengthening a…
A Slump in Cardboard Box Sales Is Stoking Fears of Lackluster Holiday Shopping
An extended slowdown in sales of cardboard boxes is intensifying concern that this holiday season will be a disappointing one…