Analysis-Buy Now Pay Later Business Model Faces Test As Rates Rise
Reduced consumer spending, rising interest rates and trickier credit conditions spell trouble for Buy Now Pay Later lenders, raising the prospect of consolidation in the sector.
Pressure Grows On France After Champions League CCTV Footage Deleted
Pressure grows on France after Champions League CCTV footage deleted
Hong Kong Protest Film Stirs Fears Of Arrest, Director Defiant
The director of a documentary about pro-democracy protests in Hong Kong defended his film on Friday as a truthful historical record after the city's police chief advised people not to watch it.
'Mike Pence Deserves It': Trump's Ire At VP A Focus Of U.S. Capitol Riot Hearings
A congressional panel investigating last year's assault on the U.S.
French Left Seeks Comeback Against Macron In Parliamentary Polls
French left seeks comeback against Macron in parliamentary polls
China Will 'Not Hesitate To Start War' Over Taiwan, Beijing Tells US
China will 'not hesitate to start war' over Taiwan, Beijing tells US
Italian Industry Output Jump Allays Recession Fears
Italian industrial output was much stronger than expected in April, rising 1.6% from the month before after a 0.2% gain in March, data showed on Friday, boosting growth prospects for the second quarter.
Czech Inflation Hits 16%, Raising Bets Of Big June Rate Hike
Czech headline inflation soared to 16% in May, above expectations, to hit a nearly 30-year high, statistics office data showed on Friday.
Explainer: What Would Japan's Currency Intervention To Combat A Weak Yen Look Like?
Japan's government and the central bank are "concerned" about recent sharp yen declines and stand ready to respond as needed on currency policy, they said in a rare joint statement on Friday.
Japan Edges Closer To Intervention In Yen After Rare Gov't, Cbank Joint Statement
Japan's government and central bank said on Friday they were concerned by recent sharp falls in the yen in a rare joint statement, the strongest warning to date that Tokyo could intervene to support the currency as it plumbs 20-year lows.
Timeline- Turkey Caught In A Spiral Of Lira Crises
Turkey's lira has lost nearly a quarter of its value this year as soaring inflation and the central bank's reluctance to raise interest rates stoke fears of another currency crisis.
Red-hot U.S. Inflation Hammers European Shares Amid Recession Fears
European shares slumped 2.7% on Friday after U.S. inflation came in hotter than expected, raising the prospect of a recession as central banks try to put a lid on prices.
European Shares Slide Over 1% Ahead Of U.S. Inflation Data
European shares extended losses to a fourth session on Friday, as market participants braced for May U.S.
Thailand To Go Slow With Rate Hikes As Pandemic Drag Lingers
A shift by Thailand's central bank to a more hawkish footing this week stunned markets and appeared to finally end policymakers' tolerance for mounting price pressures, but a range of risks are likely to keep any tightening gradual.
Biden Unveils Migration Plan, Capping Americas Summit Roiled By Division
U.S. President Joe Biden and fellow leaders from the Western Hemisphere on Friday rolled out a new set of measures to confront the regional migration crisis, seeking to salvage an Americas summit roiled by division.
Biden Unveils Migration Plan At Americas Summit Roiled By Division
U.S. President Joe Biden and fellow leaders from the Western Hemisphere on Friday rolled out a new set of measures to confront the regional migration crisis, seeking to salvage an Americas summit roiled by division.
U.S. Unveils Migration Plan At Americas Summit Roiled By Division
The United States on Friday unveiled a long list of measures to confront the migration crisis as President Joe Biden and fellow leaders prepared to issue a joint declaration thrashed out at a fractious Summit of the Americas.
At Americas Summit, U.S. Rolls Out Measures To Tackle Migration Crisis
The United States on Friday unveiled a long list of measures to confront the migration crisis as President Joe Biden and fellow leaders prepared to issue a joint declaration thrashed out at a fractious Summit of the Americas.
At Summit Of The Americas, U.S. Rolls Out Measures To Help Migrants
The United States rolled out a raft of actions to support migrants on Friday as U.S.
Migration Pact To Cap Americas Summit Buffeted By Discord
U.S. President Joe Biden and fellow leaders of the Americas are set to pitch a plan designed to stem illegal migration and manage record migrant numbers as a regional summit roiled by diplomatic squabbling draws to a close on Friday.
UK Banks No Longer Too Big To Fail, Says BoE
The Bank of England is satisfied lenders have taken steps to ensure they are no longer "too big to fail" in any future crisis, it said on Friday, though it did find shortcomings at three leading banks.
UK Lenders No Longer Too Big To Fail, Says BoE
The Bank of England said on Friday it was satisfied lenders had taken steps to ensure they were no longer "too big to fail" in any future crisis, though it found shortcomings at three major banks.
Explainer-Why India Holds The Key To Global Rice Market Outlook
India's surprise decision to ban wheat exports has raised concerns about potential curbs on rice exports as well, prompting rice traders to step up purchases and place atypical orders for longer-dated deliveries.
Turkey Unveils Latest Salvo Against Soaring Inflation
Turkey's government launched a series of steps meant to harness its banks and bond markets to cool soaring inflation and stabilise a sliding currency, doubling down on President Tayyip Erdogan's aversion to raising interest rates.
Turkey Announces Steps To Shore Up Economy, Prioritising Inflation Fight
Turkey's Treasury said on Friday fighting inflation remained its top priority after authorities announced fresh measures to shore up an economy beleaguered by surging prices and a sliding lira, though analysts expected the latest steps to have little effect.
Pakistan To Raise Taxes On Rich, Ban Some Car Buying To Secure IMF Bailout
Pakistan Finance Minister Miftah Ismail said on Friday the government would raise taxes on the rich and ban government officials from buying new cars, amid pressure to control the fiscal deficit and secure International Monetary Fund (IMF) bailout money.
Pakistan Aims For Lower Economic Growth, Sees Double-digit Inflation In 2022/23 Budget
Pakistan Finance Minister Miftah Ismail on Friday unveiled the budget for the 2022/23 fiscal year starting July, aiming for economic growth of 5% amid pressure to control the fiscal deficit and secure International Monetary Fund (IMF) bailout money.
Pakistan To Make IMF-backed Painful Economic Adjustments In FY2022-23 Budget
Pakistan's government is set to present a budget for financial year 2022-23 on Friday aimed at tight fiscal consolidation in a bid to convince the International Monetary Fund (IMF) to release much-needed bailout payments for the cash-strapped country.
Shots Fired, Three Injured In Hong Kong Triad Clash
Shots fired, three injured in Hong Kong triad clash
Hungary Price Caps Could Stay In Place If War Is Entrenched, Orban Says
Hungary's price caps on fuel, some basic foods and energy could stay in place for a longer period if the war in Ukraine is entrenched, sustaining high inflationary pressures, Prime Minister Viktor Orban said on Friday.