Biden's last-minute move is meant to cut Russia's oil revenues for the Ukraine war and is an attempt to give leverage to the ...

This underperformance marks a pivotal shift in the narrative surrounding China’s economic trajectory. 2024 has been a turning ...

China's central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring speculation that the move was aimed at defending a falling currency. The People's ...

There's more bad news for the chancellor to digest on her trade mission to China as financial market moves continue to weigh on her stewardship of the economy.

Saira Malik, Nuveen equities & fixed income head and CIO; Ben Harris, Brookings Institution economic policy director; and ...

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...

Oil prices rose to a three-month high on Friday on strong Chinese demand and concerns about dwindling US inventories. Brent ...

China’s yuan initially firmed on Friday after the central bank said it would suspend treasury bond purchases, triggering a jump in bond yields, but later fell back to fresh 16-month lows. The People’s ...

The PBOC's seven-day reverse repo rate, its new benchmark policy rate since last year, stands at 1.5% after a total of 30 basis point (bps) cuts in 2024. It is 203 bps lower than in May 2012, the ...

The People's Bank of China (PBC) announced on Friday that it has decided to temporarily suspend treasury bond purchases in ...