Bank of Korea holds rates steady amid tariff, household debt concerns
South Korea’s central bank held interest rates steady on Thursday, as policymakers steered a cautious path amid concerns about financial stability risks stemming from rising…
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South Korea’s central bank held interest rates steady on Thursday, as policymakers steered a cautious path amid concerns about financial stability risks stemming from rising…
[singapore] Last month, the US Federal Reserve opted to maintain its benchmark interest rate, adopting a cautious stance despite speculation about a potential rate cut as early as July,…
The announcement comes after the cinema chain received a S$3.4 million payment demand from the landlord of its shuttered Jem outlet Media company mm2 Asia, which operates the Cathay…
Deutsche Bank and SeaTown Holdings International are among the lenders providing a US$510 million private credit loan to VinFast Auto, according to people familiar with the matter.…
The changes made to President Donald Trump's big tax bill in the Senate would pile trillions onto the nation's debt load while resulting in even steeper losses in health care coverage, the…
Persistent housing price gains, particularly in the Seoul metropolitan area, could accelerate debt accumulation in South Korea and pose risks to financial stability, threatening a…
NISSAN Motor chief executive officer Ivan Espinosa’s first shareholder meeting will be overshadowed by tough questions over tariffs, funding and a mid-term plan to turn around the…
Taiwan’s central bank governor warned on Saturday (Jun 21) that rapidly rising US debt could be “unfavourable” to the outlook for US Treasuries and that US President Donald Trump’s trade…
Thai Airways International won court approval to exit a debt restructuring programme, paving the way for resumption of trading in its stocks after a four-year gap. The Central Bankruptcy…
Nippon Steel on Saturday (Jun 14) touted a “historic partnership” with US Steel after US President Donald Trump approved a multi-billion-dollar merger. But the Japanese giant faces…
U.S. President Donald Trump and his Republican allies in Congress are determined to enact his tax-cut agenda in a political push that has largely abandoned longtime party claims of fiscal…
White House Budget Director Russ Vought pushed back against the nonpartisan Congressional Budget Office's finding that President Trump's "big beautiful bill" would add trillions to the…
Regardless of either side’s rhetoric, deficits do ultimately matter. Source link
President Donald Trump faces the challenge of convincing Republican senators, global investors, voters, and even Elon Musk that he won’t bury the federal government in debt with his…
But generally speaking, it’s been Republican presidents who’ve piled up the debt. And it’s not very close. Reagan’s percentage was 160.8; Dubya’s was 72.6. Obama’s was 64.4, Bush Sr.’s…
Markets in Asia finished the week cautiously as investors awaited critical United States inflation figures and a continuing air of uncertainty over American trade tariffs. Korea's KOSPI…
Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil major may soon tap the debt markets again after it…
Asian equities rose on Wednesday following a Wall Street rally as traders cheered forecast-beating US consumer confidence data and a drop in bond yields, with eyes now on a key sale of…
Sen. Ron Johnson says the spending cuts in President Trump's "big beautiful bill" amounts to a "rounding error" in the amount of money Uncle Sam spends each year. Source link
Sen. Rand Paul said Sunday he would consider voting for President Trump's "big, beautiful bill" if GOP leaders scrap plans to raise the nation's borrowing limit. Source link
I'm George Gerbo and welcome to Washington Times Weekly, where we get a chance to sit down with our reporters and dig into their coverage of the latest news and events. Joining me today is…
While Republicans managed to pass their budget bill through the House Thursday morning, one GOP representative was not happy, calling it a “debt bomb ticking.” Representative Thomas Massie…
Markets are now pricing in at least 50 basis points of rate cuts this year, with the first one expected in October Gold prices rose on Thursday (May 22) as investors leaned…
A tentative deal to quadruple the existing $10,000 cap on the federal deduction for state and local taxes, or SALT, is irritating conservatives who are seeking steeper spending cuts in…