Enda Curran

ECB Prez Lagarde leads a chorus warning that inflation has to be anchored

Policymakers cautioned that hopes for a quick cooling in inflation pressures next year may prove premature

US Fed is losing billions, wiping out profits that funded spending

The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes that central banks are implementing

Asia now world's largest debtor and saver; high risk of debt distress: IMF

Asia's economies will need to focus on fiscal stability in order to offset surging debt and to support monetary policy, the International Monetary Fund has warned.

Amid China's slowdown, Asian manufacturing hubs see dip in demand

Purchasing managers indexes for Taiwan fell to 42.7 from 44.6 in July -- its lowest since May 2020 -- while South Korea's fell to 47.6 from 49.8 -- its lowest since July 2020

'Inflation fever' finally breaking but central banks won't stop rate hikes

As economic growth slows, prices for key raw materials - from oil to copper and wheat - have cooled in recent weeks, taking pressure off the cost of manufactured goods and food

Asia exports slip into deeper downturn as tech boom goes bust, warn lenders

Asia's export boom is showing signs of slipping into a deeper than expected downturn, HSBC Holdings Plc. and Nomura Holdings Inc. both warned in research notes

Wall Street says a recession is coming. Consumers say it's already here

Layered on top of the inflation squeeze are the mounting concerns about the outlook for economic growth, not just this year, but into 2023

Risk of US recession now higher and more front-loaded, warns Goldman

The Goldman economists now see a 30% probability of entering a recession over the next year, compared to 15% previously, and a 25% conditional probability of entering a recession in the second year

US likely to fall into recession as Fed Reserve raised rate hike: Nomura

Nomura warns that financial conditions will tighten further, consumers sentiment is souring, energy and food supply distortions have worsened and the global growth outlook has deteriorated

World's central banks got it wrong on inflation and economies pay the price

ECB President Christine Lagarde has lately also turned more hawkish than she previously indicated, and the Reserve Bank of Australia is among those raising rates faster than policy makers had signaled

End of easy money brings with it a $410-billion global financial shock

Inflation is pushing central banks to shrink their balance sheets as they hike interest rates, adding a new risk for the world economy hit by war and lockdowns

US dollar's dominance is being stealthily eroded, says IMF report

Reserve managers have moved out of dollars in two directions, with one quarter headed into the renminbi and three quarters into currencies of smaller countries

Japan to open gates temporarily for foreign unskilled workers

Shinzo Abe considers policies for their speed up arrivals

Enda Curran: China's Marshall Plan

The project to build rail, highways, ports will likely embolden China's soft power status during a time of political uncertainty in the US and EU

Enda Curran & Ting Shi: China's next economic blueprint

With the 2013 pledge to give a decisive role to markets seen by some investors as tarnished by regulators' handling of a stocks surge and the plunge, Chinese President Xi's agenda could refocus on cha