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    Global stock markets diverge amid trade hopes

    Global stock markets diverge amid trade hopes

    28 Apr 2025

    Analysts said that market sentiment has calmed since Trump dialled down pressure on Federal Reserve boss Jerome Powell and hinted at progress in trade talks with economic partners.London: Global stocks...

    Eurozone inflation to stabilise at the 2 per cent target of ECB

    Eurozone inflation to stabilise at the 2 per cent target of ECB

    22 Apr 2025

    Eurozone inflation could be a touch higher this year than earlier thought but will then stabilise at the European Central Bank’s 2 per cent target, the bank’s Survey of Professional...

    China keeps lending rates steady; trade war raises bets for stimulus

    China keeps lending rates steady; trade war raises bets for stimulus

    21 Apr 2025

    China kept benchmark lending rates steady on Monday for the sixth successive month, matching market expectations.Stronger-than-expected first-quarter economic growth data might have reduced the urgency for immediate monetary easing even...

    ECB cuts rates again to help economy weather US policy

    ECB cuts rates again to help economy weather US policy

    17 Apr 2025

    The European Central Bank (ECB) cut interest rates for the seventh time in a year on Thursday and warned that economic growth will take a big hit from US tariffs,...

    European Central Bank rates could fall faster as recession risk mounts

    European Central Bank rates could fall faster as recession risk mounts

    08 Apr 2025

    A global market rout induced by US President Donald Trump’s tariffs scheme has solidified the case for another ECB rate cut next week and supports arguments for even quicker policy...

    No ‘Fed put’ when it’s unclear which way economy may pivot

    No ‘Fed put’ when it’s unclear which way economy may pivot

    08 Apr 2025

    US Federal Reserve Chair Jerome Powell has sent strong messages when he felt they were needed, going on television to pledge maximum support for the economy when the COVID-19 pandemic...

    CBUAE maintains interest rates unchanged at 4.40%

    CBUAE maintains interest rates unchanged at 4.40%

    20 Mar 2025

    The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%.This decision was taken following the US Federal...

    BoC likely to cut rates 25 bps to cushion economy from US tariffs

    BoC likely to cut rates 25 bps to cushion economy from US tariffs

    12 Mar 2025

    The Bank of Canada (BoC) will likely cut its benchmark rate by a quarter point on Wednesday to cushion the economy against US tariffs, several economists said.If the BoC delivers...

    Economic plight affects EU move on Ukraine

    Economic plight affects EU move on Ukraine

    06 Mar 2025

    The European Central Bank (ECB) has cut interest rate to 2.5 per cent, even as ECB Governor Christine Lagarde admitted that there was a lot of uncertainty surrounding the economic...

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    GCC region is advancing towards sustainable aluminum ecosystem

    26 Oct 2024

    With global aluminum consumption projected to reach 124 million tons by 2030, the industry faces a growing responsibility to address its significant carbon footprint. As the most energy-intensive metal, aluminum...

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