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December 1, 2021
World AIDS Day on Dec. 1 this year comes at a time when a key step to removing financial barriers to PrEP access in the U.S. faces legal challenges.
December 1, 2021
The Australian and New Zealand dollars remained under pressure on Wednesday having hit their lowest levels of the year after the U.S. Federal Reserve flagged a quicker withdrawal of stimulus, while worries about the Omicron variant also weighed.
December 1, 2021
South Korea's won rallied to a two-week high and shares rebounded on Wednesday on encouraging domestic trade data, while the leisure sector dragged Philippine stocks lower by almost 4% as trade resumed after a holiday.
December 1, 2021
The South Korean won rallied to a two-week high and its share market rebounded on Wednesday on encouraging domestic trade data, while the leisure sector dragged Philippine stocks lower by almost 4% on resumption of trade after a holiday.
December 1, 2021
Indian equities will not recoup recent losses until after mid-2022 on worries over COVID-19 resurgence and global monetary policy tightening, according to a Reuters poll of strategists which showed a correction was likely in the next six months.
December 1, 2021
With the U.S. economy growing strongly and supply-demand imbalances poised to persist in the near future, policymakers need to be ready to respond to the possibility that inflation may not recede in the second half of next year as expected, Federal Reserve Chair Jerome Powell said on Wednesday.
December 1, 2021
One could say with fear of much rebuttal, the play that left Wilson KO’d made all the...
December 1, 2021
Minutes before President Tayyip Erdogan delivered a speech renouncing high interest rates once again, the Turkish central bank said it was selling dollars to support the lira. The bank has $25 billion of net reserves as of November, down from $28 billion the month before. But that includes another $48 billion of swaps from local banks, without which reserves are firmly in negative territory.
December 1, 2021
U.S. manufacturing activity picked up in November amid strong demand for goods, keeping inflation high as factories continued to struggle with pandemic-related shortages of raw materials.
December 1, 2021
The pile of negative-yielding government debt in the euro zone rose to its highest level in three months in November, as investors scaled back rate hike bets and rushed back to safe-haven debt amid an uncertain outlook, Tradeweb data showed.