Global accounting body consults on new model for assessing bank risks
Banks could give investors a clearer view on how they manage risks, such as those associated with changing interest rates,…
US manufacturing production flat in September
U.S. factory production was unchanged in September as manufacturing remained constrained by tariffs on imports. The flat reading in manufacturing…
ECB urges Italy to reconsider proposal on central bank’s $300 billion gold
The European Central Bank has urged Italy to reconsider a parliamentary amendment asserting that the national central bank’s gold reserves…
UK services firms report slower growth, more job cuts in lead up to budget, PMI shows
Growth among Britain’s services firms declined last month and employment contracted the most since February in the run-up to the…
Bond termites, not vigilantes, are the big risk
Worry less about so-called vigilantes and pay more attention to bond-market termites. That, at least, is the message from financial…
Asia 2026: 6 questions for Korea’s recovery
Why is the economy expected to recover more quickly in 2026 than in 2025? Korea’s economy is very reliant on…
If equality prevails, next UN chief will be a woman, says top contender Grynspan
Rebeca Grynspan, Costa Rica’s former vice president and a frontrunner to become the next United Nations secretary-general, said that if…
Japan’s services sector sustains solid growth in November, PMI shows
Japan’s services sector activity continued its steady growth in November, driven by a faster rise in new orders and increased…
Risk of Political Flare-Ups to Linger in 2026 for Some APAC Sovereigns
Fitch Ratings believes political flare-ups will remain a credit risk for some APAC emerging market sovereigns in 2026, following significant…
Debt Trends Remain Key to Western European Sovereign Rating Convergence
Contrasting trends in government debt-to-GDP have been the main driver of ratings convergence among western European sovereigns in 2025, Fitch…