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Kevin Warsh kicks off Fed chief tenure with sweeping review as rates remain unchanged

Kevin Warsh kicks off US Fed chief tenure with sweeping review as rates remain unchanged

UK inflation unexpectedly holds steady at 2.8% in May

ECB officials say peace in Iran isn’t enough to fix energy shock

China’s central bank hints at shift toward overnight policy rate to match global peers

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Warsh’s Fed nomination clears first in series of senate votes

His confirmation is all but guaranteed

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Indonesia central bank committed to ‘smart interventions’ to defend rupiah

The rupiah hit a fresh record low of 17,525 per dollar earlier on Tuesday

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Sudden yen jump stokes rate check speculation

The Japanese yen jumped suddenly on Tuesday (May 12), stoking speculation of a “rate check,” which is often a precursor to...

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China’s central bank warns on imported inflation, focuses on policy transmission

Many economists have already scrapped their forecasts for a rate cut this year

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China’s central bank warns on imported inflation from higher oil prices, focuses on policy transmission

Many economists have already scrapped their forecasts for a rate cut this year

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Global central banks tap most yuan swap lines with China in two years

The latest increase highlights China’s drive for yuan internationalisation

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Global central banks’ use of reminbi swap lines hits 2‑year high amid rising demand for China’s currency

The latest increase highlights China’s drive for yuan internationalisation

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Global central banks’ use of renminbi swap lines hits 2‑year high amid rising demand for China’s currency

The latest increase highlights China’s drive for renminbi internationalisation

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UK fintech Wise makes US trading debut with dual listing

Billionaire Peter Thiel, Silicon Valley’s Andreessen Horowitz and UK-based Baillie Gifford were among its early investors

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JPMorgan hikes Kospi bull case target to 10,000 on memory boom

As Kospi’s gains extend, overheating signals are also growing

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