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    Global stock markets rally, dollar drops as US inflation fear eases

    15 Nov 2022

    Global stocks rose and the dollar retreated on Tuesday as a fall in US inflation and an improving outlook for China’s economy continued to cheer investors.

    US jobs growth slowdown adds to case for Fed interest rates hold

    04 Nov 2023

    Slowing jobs growth and cooling wage pressures may give Federal Reserve policymakers renewed confidence the US economy

    Oil contracts rebound as Russia cuts output

    11 Feb 2023

    Oil contracts rebounded on Friday after Russia announced it would slash its crude output in response to a Western price cap that was imposed on exports after Moscow’s invasion of Ukraine.

    US adds a surprisingly strong 517,000 jobs despite Fed hikes

    03 Feb 2023

    America’s employers added a sizzling 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates.

    More Fed policymakers point to higher rates in inflation fight

    18 Feb 2023

    Two Federal Reserve officials on Friday added to a chorus of US central bankers this week in signaling that interest rates will need to go higher in order to successfully quash inflation,

    Buffett in annual letter stays upbeat and preaches patience

    26 Feb 2023

    Billionaire investor Warren Buffett on Sunday signalled he has lost none of his enduring confidence in the U.S. economy and his company Berkshire Hathaway Inc.

    China’s yuan edges up due to de-escalation in Sino-US tensions

    07 Feb 2023

    China’s yuan edged higher on Tuesday from a one-month low against the dollar hit a day earlier, supported by signs of de-escalation in Sino-US tensions.

    New WB chief urges action on development, climate efforts

    02 Jun 2023

    The World Bank’s new president Ajay Banga on Friday asked the lender’s 16,000 staff to “double down” on development and climate efforts as he seeks to accelerate the bank’s

    US central bankers should stop raising rates, says Patrick Harker

    03 Jun 2023

    US central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve (Fed) President Patrick Harker said on Thursday,

    Goldman Sachs to cut more jobs

    03 Jun 2023

    Goldman Sachs Group Inc plans to cut more jobs as a difficult economic environment weighs on dealmaking and trading revenue may slump 25 per cent this quarter, the bank’s president said.

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