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India expects its economy to grow around 7 per cent in the next fiscal year despite new geopolitical risks emerging from the Red Sea crisis that could affect global inflation...
The Bank of Japan maintained its ultra-easy monetary settings on Tuesday but signalled its growing conviction that conditions for phasing out its huge stimulus were falling into place, suggesting that...
The Dubai Financial Market (DFM) climbed higher on Friday, driven by a surge in toll operator Salik. The main index rose 0.714 per cent, fueled by a 5.180 per cent...
China stocks closed up after touching their lowest in nearly five years, as some exchange-traded funds (ETFs) tracking key indexes saw spikes in daily turnovers, suggesting state-backed funds may be...
Bank of America’s fourth quarter profit shrank as the lender took $3.7 billion in one-off charges on Friday, and its finance chief expressed optimism about the US economic outlook....
US producer prices unexpectedly fell in December amid declining costs for goods such as diesel fuel and food, suggesting inflation would continue to subside and allow the Federal Reserve to...
Citigroup will cut 20,000 jobs over the next two years, its Chief Financial Officer Mark Mason said, after the bank reported a $1.8 billion loss for the fourth quarter. The...
The International Monetary Fund’s (IMF) board has approved a roughly $700 million loan for Pakistan under a $3 billion bailout, the fund and the finance ministry said on Thursday. The...
Japan’s Nikkei share average scaled a 34-year peak on Friday, recording its best week since March 2022, underpinned by receding bets on an early exit from the Bank of Japan...
Japan’s Nikkei share average closed at a 33-year high on Tuesday, as investors snapped up chip-related stocks tracking an overnight Wall Street rally in technology shares. The Nikkei rose 1.16...
