The Bank of Korea stuck resolutely to its hawkish stance of holding interest rates while warning of the possibility of more hikes to come as it battles to rein in consumer inflation without derailing the economy.
Barclays Securities pushed back its forecast for when the Bank of Japan is likely to tweak its yield curve control program, while financial markets signal some signs of wariness that change could take place later this month.
Soaring temperatures and an unusual lack of rain is touching virtually all aspects of daily life.
The executive responsible for the Nordic operations of BNP Paribas SA says the region’s property crisis won’t trigger a financial collapse to match that of the 1990s owing to a much stronger banking system.
Serbia will probably leave borrowing costs unchanged as inflation continues to ease and the central bank extended its currency intervention to keep the nation’s dinar from gaining.
Spanish food costs aren’t reflecting the recent plunge in inflation — maintaining pressure on Prime Minister Pedro Sanchez as he struggles to muster support before snap elections this month.
PT Telkom Indonesia is considering selling a stake in PT Finnet Indonesia that could value the state-owned telecommunications firm’s fintech unit at about $100 million to $150 million, according to people familiar with the matter.
North Korean leader Kim Jong Un “personally guided” the launch of a new missile designed to strike the US and pledged more weapons tests were on the way if Washington didn’t back away from its “hostile policy,” state media reported.
New Zealand has less than 10 years of natural gas available in its existing fields, raising questions about the security of future energy supply.
Imax Corp., the operator of big-screen cinemas, is seeking to buy out its Hong Kong-traded Chinese subsidiary in a deal valued at $124 million.
