Analysis: Interest Rates

EU will 'leave no stone unturned' to reduce trade-related uncertainty, Ireland's Donohue says

WASHINGTON -The European Union will do all it can to engage with the U.S. on trade and reduce the massive uncertainty that is weighing down the global economy, Irish Finance Minister Paschal Donohoe...

IMF's chief says China needs to end property crisis, social safety net, services

WASHINGTON -International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that for China to shift its economy towards consumption, it will need to end a property crisis, add...

Tariff-hit China exporters reluctant to heed government calls to sell locally

BEIJING/SHANGHAI -Eno Qian, who runs a clothing factory in eastern China, says she makes a 20 yuan profit for every item she sells abroad and only a tenth of that on domestic sales, making a shift...

Trump says 25% tariff on cars made in Canada could go up

President Donald Trump on Wednesday said a 25 percent tariff imposed on cars imported from Canada to the United States could go up. When I put tariffs on Canada - they're paying 25...

Global roundtable sees rising debt risks for low-income countries as uncertainty mounts

WASHINGTON -More work is needed to improve the sovereign debt restructuring process and help countries facing mounting debt service challenges, the chairs of a global debt roundtable said on...

US, China tariffs both need to fall for trade talks to start, Bessent says

WASHINGTON -U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and China will have to come down before trade negotiations can...

US tariffs could shave up to half a percentage point off India GDP, says finance secretary

WASHINGTON -The direct hit from tariffs introduced by Donald Trump's administration on India could shave off between 0.2-0.5 percentage points from GDP growth, the country's Finance Secretary Ajay...

US Treasury's Bessent urges IMF, World Bank to refocus on core missions

WASHINGTON -U.S. Treasury Secretary Scott Bessent on Wednesday called on the International Monetary Fund and World Bank to refocus on their core missions of macroeconomic stability and development,...

Rates: The ECB stays the course

Unsurprisingly, the European Central Bank has lowered its key interest rates amid weak growth and a tariff policy whose impact is still unclear.

Indonesia central bank holds policy rates to keep rupiah stable

JAKARTA -Indonesia's central bank held policy rates steady for a third consecutive review on Wednesday, as expected, aiming to maintain rupiah exchange rate stability amid global trade tensions. ...

Cambodia canal's impact on Mekong questioned after China signs deal

Cambodia should share a feasibility study on the impact of a planned China-backed canal that would divert water from the rice-growing floodplains of Vietnam's Mekong Delta, said the body overseeing...

Trading Day: Stocks rebound, no new Powell-bashing or trade tirades from Trump

Making sense of the forces driving global markets Jamie is away today so I'll provide a round-up of today's main market moves below. I'd love to hear from you, so please...

Indian economy less vulnerable to global headwinds, says cenbank

MUMBAI -India's economy is relatively less vulnerable to global headwinds, and calibrated policy support could help the country turn current volatility into an opportunity, the Reserve Bank of India...

India extends cenbank deputy Sankar's term by one year

MUMBAI -India has extended the term of Reserve Bank of India deputy governor T. Rabi Sankar by one year, according to a government notification. The government notification, dated April...

Indian central bank's new liquidity norm to free up $35 billion, likely boosting credit growth

cash, central bank reserves and federal government bonds - that banks are required to hold against digitally linked deposits, saying the net impact will improve banks' LCR by around 6 percentage...

'For our country': China's patriots are buying the dip

Cao Mingjie had never traded stocks before Donald Trump's Liberation Day. The home designer from China's southern Guangdong province changed his mind after April 2, when the U.S....

Bank Indonesia to hold rates on April 23 as FX concerns outweigh growth risks

BENGALURU -Bank Indonesia will hold interest rates steady on Wednesday to support the under-pressure rupiah, despite growing concerns of slowing economic growth driven by U.S.-led trade policies, a...

India's soon-to-be-introduced bond forwards seen boosting demand for state debt

MUMBAI -India's upcoming bond forwards are set to boost demand for state debt and lower borrowing costs for sub-national issuers, a move investors say could help deepen the country's local bond...

Trump tariff worries spur record overseas demand for JGBs

The longest-dated Japanese government bonds attracted record foreign demand last month as money shifted out of U.S. debt in search of other safe havens as President Donald Trump's aggressive tariffs...