Mexico’s peso sank after the central bank said it will reduce a hedge program designed to tame volatility, signaling to traders the rally that made the currency the world’s top performer may have gone too far.
Hot on the heels of its lunar landing success, India is readying to blast a probe even deeper into space to study the sun.
Despite Japan’s share market rally to a three-decade high in August, many big-name stocks remain cheap based on unconventional analysis used by a Deutsche Bank AG unit.
Stocks churned at the end of a challenging month, with traders parsing mixed economic data and awaiting a key jobs reading to gauge the outlook for Federal Reserve policy. Bond yields fell. The dollar rose.
US and Chinese military officials met at a defense chiefs conference in Fiji this month, in a rare direct engagement between the armed forces of the two superpowers.
US Treasury Secretary Janet Yellen will make her fourth visit to India in less than a year next week, joining a summit of world leaders to discuss global economic vulnerabilities including assistance needed for distressed developing nations.
The weaker yen stemming from the Bank of Japan loose monetary policy has helped the economy and acted as “reverse Plaza Accord,” according to Credit Agricole.
The aggressive pace of interest-rate hikes is hitting mortgage books at Canada’s biggest banks, leading to slowing loan growth, longer amortization periods and a rise in impairments.
Mexico’s opposition coalition is set to choose Xochitl Galvez as its presidential candidate to the 2024 election, pitting the strong-willed senator against a yet-to-be-named representative from the powerful ruling party of Andres Manuel Lopez Obrador.
A super PAC backing Florida Governor Ron DeSantis has shuttered door-knocking operations in early voting Nevada, as well as California, in the latest cut to the Republican presidential contender’s campaign.
