German Industry Grows More Than Expected on Auto Sector

German industrial production grew for a second month, another sign that Europe’s largest economy is exiting the drag from the Iran war.

Early Forint Bull Barclays Sees Rally Fading as Euro Work Begins

The forint rally triggered by Hungary’s political shift is fading as Prime Minister Peter Magyar faces a daunting task to prepare the country for euro accession, according to a strategist…

PBOC Unveils New Measures to Cement Hong Kong’s Yuan Hub Status

China’s central bank announced a slew of measures aimed at expanding an investment channel between Hong Kong’s financial market and the mainland, as well as enhancing the city’s role in…

Philippine Inflation Cools Further in Relief for Central Bank

Philippine inflation eased for a second month, retreating further from a three-year high reached in April and providing relief for a central bank that’s been tightening monetary policy to tame…

Japan’s Kiuchi Says Government Isn’t Pushing for Low Rates

Media reports that claim Prime Minister Sanae Takaichi’s administration is attempting to steer interest rates lower aren’t accurate at all, according to Japan’s Growth Strategy Minister Minoru Kiuchi.

Myanmar Bets on Ancient Temples, Buddhist Pilgrimage Sites to Boost Tourism

Myanmar’s ancient temples, luxury hotels and Buddhist pilgrimage sites are stirring back to life as the country’s military-backed government bets tourism will become one of the first visible signs of…

Japan’s Nominal Wages Top 3% Again in Longest Streak Since 1992

Japanese wages climbed again in May, comfortably outpacing inflation and reinforcing the Bank of Japan’s stance toward raising interest rates.

Peru’s Central Bank Chief Agrees to Extend 20-Year Run

Peru’s central bank chief Julio Velarde, seen as a pillar of economic stability in the politically volatile Andean nation, has agreed to stay on for another term, likely extending one…

Fed’s Waller Says ‘Forward Guidance’ Needs to Be Flexible

Federal Reserve Governor Christopher Waller said signals from policymakers on the future path of interest rates can play a useful role if done carefully.

Peace Deal Doesn’t Restore Pre-War Situation, ECB’s Schnabel Says

Peace efforts in the Middle East have helped bring energy prices down rapidly but haven’t restored the position the world was in before hostilities erupted, according to European Central Bank…