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London: British annual inflation steadied last month, official data showed on Wednesday, but prices still rose at double the Bank of England’s target rate, adding to uncertainty over the...
Japanese stocks hit a 34-year high on Wednesday while global equities, the dollar and bonds held steady before US inflation data on Thursday. Bitcoin stabilised after spiking when an unauthorised...
Singapore government is perhaps the most fortunate compared to others because it can take a harsh measure and do it openly, explain the rationale, and people and other stakeholders accept...
The United States Federal Reserve, its central bank, did not increase the interest rate as it had done since 2022, in its December meeting, and the status quo — the...
The European Central Bank raised its key interest rate to a record high of 4% on Thursday but, with the euro zone economy in the doldrums, signalled that the hike,...
Turkey’s Central Bank in its August 24 meeting had raised the interest rate by 750 basis points, and 1,650 basis points since the process of tightening the rates began in...
Global shares and US yields edged lower on Wednesday as markets braced for what is expected to be the Federal Reserve’s 11th consecutive hike in interest rates aimed to reining...
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points — from 4.90 per...
The Reserve Bank of India hiked its key repo rate by a quarter percentage point on Wednesday as expected but surprised markets by leaving the door open to more tightening,...
The European Central Bank must be prepared to take the heat and raise interest rates further, including by more than the market expects, if that is needed to bring down...
