Capital controls and currency intervention are among tools emerging Asian policymakers can use if rapid U.S.
Southeast Asian startups are enjoying a boom in fundraising exercises by venture and buyout funds that are chasing bigger returns and turning away from regulatory turmoil in Chinese markets, even at the risk of slower growth.
As the Bank of Japan steps into currency markets for the first time in decades to defend a battered yen, it is running into numerous obstacles, chiefly its own stubborn commitment to ultra-easy monetary settings.
The Reserve Bank of India is set to raise interest rates again next week with a slim majority of economists in a Reuters poll expecting a half-point hike and some others expecting a smaller 35 basis point rise.
A temporary brake on gas and electricity derivatives when prices spike could improve the overall functioning of the energy market, the European Union's securities watchdog proposed on Thursday.
The Bank of Japan's intervention to prop up a freefalling yen has currency investors speculating about which central bank could move next in the face of a soaring dollar.
Oil rose on Thursday on supply concerns and as a Bank of England interest rate hike defied some expectations of a larger increase.
The Russian rouble soared past 59 to a one-month high against the dollar on Thursday and gas giant Gazprom's shares dragged resurgent stocks higher, as Russian markets recovered ground lost after the Kremlin ordered a partial military mobilisation.
Norway's central bank raised its benchmark interest rate by a widely-anticipated 50 basis points to 2.25% on Thursday, but said future hikes would be more "gradual", weakening the country's crown currency.
Turkey's central bank delivered another surprise interest rate cut on Thursday, by 100 points to 12%, sending the lira to an all-time low, even as inflation rose above 80% and as central banks globally race in the other direction to tighten policy.
Wall Street futures were muted on Thursday as investors assessed the impact on U.S.
Indonesia's central bank increased interest rates by more than expected on Thursday as it sought to rein in inflation after the government raised subsidised fuel prices earlier this month, while also supporting the rupiah currency.
Europe's decade-long experiment with negative interest rates, which ended on Thursday with the Swiss National Bank's return to positive territory, showed one thing: they can exist beyond the realms of economic science fiction.
European shares fell on Thursday, with tech stocks sliding after the U.S.
The Philippine central bank hiked its benchmark interest rates by half a percentage point on Thursday, and said it was ready to take further action as it raised its inflation forecasts for this year and next, and as the peso sank to a record low.
The Indian government is not averse to a weaker rupee in line with global market fundamentals, a senior official told Reuters, at a time when the central bank's intervention has tried to moderate the depreciation in the Indian currency.
A Federal Reserve dead-set on fighting inflation is leaving little hope that this year's rocky markets will end anytime soon, as policymakers signal rates rises faster and higher than many investors were expecting.
The U.S. dollar pushed to a fresh two-decade high versus major peers on Thursday, propelled by the Federal Reserve's hawkish outlook for interest rates and Russian President Vladamir Putin's mobilisation of more troops for the war in Ukraine.
Brazil's central bank on Wednesday chose to keep interest rates unchanged, pausing an aggressive monetary tightening cycle even as U.S.
The Bank of England looks set to raise interest rates by at least half a percentage point on Thursday in a bid to tame inflation that is just off a 40-year high, against a backdrop of a tumbling currency and a free-spending government.
The Bank of Japan is expected to keep interest rates ultra-low on Thursday and reassure markets that it will continue to swim against a global tide of central banks tightening monetary policy to combat soaring inflation.
The rouble recovered from two month lows and Russian stocks pared losses on Wednesday after earlier plunges triggered by President Vladimir Putin's move to order Russia's first military mobilisation since World War Two.
Earlier this year, markets were complacent as Russia massed troops on the Ukraine border.
U.S. existing home sales dropped for the seventh straight month in August as affordability deteriorated further amid surging mortgage rates and stubbornly high house prices, though the pace of decline moderated from prior months.
Barbados has issued the world's first government bond with a clause allowing payments to be suspended in the event of another global pandemic, a move expected to attract interest from dozens of other countries savaged by the COVID-19 crisis.
The pound touched a new 37-year low against the dollar on Wednesday after Russian President Vladimir Putin's accusation of "nuclear blackmail" by the West boosted the safe-haven dollar.
Britain's budget deficit was bigger than expected in August, a reminder of the difficult financial backdrop for new finance minister Kwasi Kwarteng as he readies his first "mini-budget" fiscal update to parliament.
European shares traded in a narrow range on Wednesday as investors digested Russia's first mobilisation since World War Two while they waited for the U.S.
A quadrillion yen is lying idle with Japanese households, ready to be shipped overseas when yields abroad turn more attractive, and that moment could arrive as soon as this week.
With prices falling like a stone as central bank tightening goes into overdrive, buying bonds may appear confused - but perhaps that very confusion is good enough reason in itself.
