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Forex markets

Turkey ends hiking cycle after 8 months, holding key rate at 45%

by Adrian Jhonsan
Turkey ends hiking cycle after 8 months, holding key rate at 45%

Turkish flag over a DenizBank building. Turkey is expected to head to the polls on Sunday. Ismail Ferdous | Bloomberg | Getty Images Turkey’s central bank held its key interest …

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Africa’s largest economy is battling a currency crisis and a crumbling economy

by Adrian Jhonsan
Africa’s largest economy is battling a currency crisis and a crumbling economy

IBADAN, Nigeria – Feb. 19, 2024: Demonstrators are seen at a protest against the hike in price and hard living conditions in Ibadan on February 19, 2024. Samuel Alabi | …

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Airbus says competition from China’s Comac C919 won’t ‘rock the boat’

by Adrian Jhonsan
Airbus says competition from China’s Comac C919 won’t ‘rock the boat’

A commercial Aircraft Corp of China (Comac) C919 aircraft operated by China Eastern Airlines during the Singapore Airshow in Singapore, on Tuesday, Feb. 20, 2024. Bloomberg | Bloomberg | Getty …

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Asian currencies that will benefit the most from the Fed’s rate cuts

by Adrian Jhonsan
Asian currencies that will benefit the most from the Fed’s rate cuts

The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, Sept. 12, 2018. Brent Lewin | Bloomberg | Getty Images …

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China Lunar New Year holiday travel spending surpasses pre-Covid levels

by Adrian Jhonsan
China Lunar New Year holiday travel spending surpasses pre-Covid levels

Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images China’s travel activity and spending jumped above pre-pandemic levels during the …

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Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

by Adrian Jhonsan
Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A liquidation order to …

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Evergrande’s liquidation crisis won’t be China’s Lehman moment: Leland

by Adrian Jhonsan
Evergrande’s liquidation crisis won’t be Lehman moment: China Beige Book

China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A liquidation order to …

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Evergrande shares halted after Hong Kong court orders liquidation

by Adrian Jhonsan
Evergrande shares halted after Hong Kong court orders liquidation

Shares of China Evergrande were briefly halted after plunging over 20% in early trading on Monday after a Hong Kong court ruled to liquidate the embattled property developer. It comes …

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Singapore’s central bank leaves policy unchanged in first quarterly meeting of 2024

by Adrian Jhonsan
Singapore’s central bank leaves policy unchanged in first quarterly meeting of 2024

The Merlion statue in Singapore, on Tuesday, Jan. 3, 2023. Photographer: Lionel Ng/Bloomberg via Getty Images Lionel Ng | Bloomberg | Getty Images Singapore’s central bank left its policy unchanged …

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China property stocks jump as Beijing takes steps to boost liquidity in the beleaguered sector

by Adrian Jhonsan
China property stocks jump as Beijing takes steps to boost liquidity in the beleaguered sector

A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec 15, 2023. CFOTO | Future Publishing | Getty Images China’s property stocks jumped after …

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