Germany regains safe haven status as European bond risks mountEuropean government bond markets face renewed volatility as investors pull funds from fiscally vulnerable nations like France and Italy. Ge...
Global Market Today: Asian stocks drop on inflation concerns, oil gainsMSCI’s Asia Pacific index for equities slipped 0.3%, with shares in Japan and South Korea falling, while markets in mainland China return f...
RBI finally gets uppity, takes a hikeIn a proactive move to tackle soaring inflation, the RBI has raised the interest rates by 25 basis points to 5.5%. Despite facing obstacles...
Après le Déluge, a case study: France’s debt crisis is exposing deeper cracks in the global economyAmidst a backdrop of economic turmoil, France is confronted with stagnant growth and high deficits, which are eroding investor confidence. ...
Global Market: Eurozone energy inflation has yet to spread to broader prices, ECB's Rehn saysEurozone energy inflation has not yet spread broadly to other goods and services, ECB policymaker Olli Rehn said. Rising bond yields may cu...
Global Market: Euro under pressure as France debt worries, Spain vote weighThe euro hovered near a 17-month low at $1.1219 amid euro zone political uncertainty, high debt and French fiscal concerns. Meanwhile, the ...
Global Market: Hong Kong stocks rise as pharma, tech shares lead gainsHong Kong stocks gained on Tuesday, led by pharmaceutical and technology shares, with the Hang Seng rising 0.78% and Hang Seng Tech Index a...
Global Market | Central banks face tougher crisis-management role as public debt rises: BIS chiefBIS chief Pablo Hernández de Cos warned that future financial crises could be harder to manage amid soaring public debt, fiscal deficits an...
Why is France at the centre of a bond market storm?Recent trends show French government bonds, referred to as OAT, experiencing yields surpassing 5% amidst investor apprehension. The recent ...
France debt crisis deepens: Euro falls to 17-month low as bond yields rise - here’s what you need to knowFrance debt crisis explained: France is facing significant financial challenges as its budget deficit is projected to rise to 5% by 2027. T...
Euro hits 17-month low as French debt fears, US inflation lift dollarThe euro reached a 17-month low against the dollar due to worries over France's budget deficit. Concerns about a potential euro-zone debt c...
French bond contagion fears are rattling the euroThe value of the euro has declined significantly as French borrowing costs increase. Concerns are rising among European policymakers regard...
Global Market: Euro hits 17-month low as French fiscal worries boost dollarThe euro fell to a 17-month low as concerns over France’s fiscal outlook and bond-market selloff weighed on sentiment. The dollar strengthe...
IMF reaches staff-level deal with Sri Lanka for $345 million in financingThe International Monetary Fund has agreed to a $345 million financing deal with Sri Lanka. This deal is contingent upon the upcoming 2027 ...
Global Market Today: Asian shares rise as Fed hike bets ease, oil gainsMSCI’s Asia Pacific equities index rose 0.4%, with Japanese shares rallying 2%. Contracts for the Nasdaq 100 rose 0.3% after the underlying...
Developing countries hit by overlapping crises, UNDP chief warnsRising energy costs and El Nino conditions are challenging developing countries facing financial distress. Governments are struggling to ma...
A look at France's public debt as economy takes centre stage in French Presidential electionFrance's public debt has climbed to unprecedented levels, currently reaching 119 per cent of its GDP. The increasing debt burden poses sign...