RBA Set to Hold Rates Again as Markets Watch for Hawkish Shift
Australia’s central bank is poised to keep interest rates unchanged for a third straight meeting, with traders and…
China Factory Activity Slumps for Longest Stretch on Record
China’s factory activity improved but remained in contraction in November, extending its streak of declines to a record…
ECB Warns Dutch Pension Reform Risks Spurring Bonds Selloff
The reform of the Dutch pension system may result in a selloff in long-maturity bonds and interest-rate swaps,…
Game Theory Explains How Algorithms Can Drive Up Prices
The original version of this story appeared in Quanta Magazine. Imagine a town with two widget merchants. Customers…
AI: Are DeepSeek Moments Now the New Normal?
A little-known Chinese AI company recently released an open-source reasoning model that challenged Western dominance and was developed…
BOK’s Rhee Says Policy Moves Including Direction Depend on Data
Bank of Korea Governor Rhee Chang Yong signaled that while the central bank remains in an easing cycle,…
PBOC Forces Rethink of Rate-Cut Path as Goldman Sees Longer Halt
Global lenders like Goldman Sachs Group Inc. retracted calls for further monetary stimulus in China this year after…
UK Business Seeks to Swerve More Tax as Reeves Prepares Budget
UK business chiefs urged Chancellor of the Exchequer Rachel Reeves to ease energy costs and avoid raising the…
US Job Market Slows in Second Half of October, ADP Data Shows
US companies shed 11,250 jobs per week on average in the four weeks ended Oct. 25, according to…
IMF Says Up to Senegal to Decide How to Deal With Debt Issue
The International Monetary Fund said it’s explored various options with Senegal to tackle the nation’s “significant debt vulnerabilities,”…
Quebec Premier Pushes C$496 Billion Pension to Invest at Home
Quebec Premier Francois Legault said he wants the province’s pension fund to invest more locally, including making bets…
Booming Gold Prices Are Hiding China’s Deflationary Pain for Now
Gold is a traditional hedge against inflation for investors but in China surging bullion prices are having the…