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Gulf Today, Staff Reporter The Central Bank of the UAE decided to raise the “base rate” on overnight deposit facilities by 25 basis points, as of Thursday, March 17,...
World share markets edged higher on Thursday after the US Federal Reserve promised to keep its support in place, though another rise in global bond yields and the dollar...
Sri Lanka's central bank on Thursday cut interest rates for the fifth time this year in a new bid to breathe life into the coronavirus-stricken economy. The Central Bank...
To lessen the double whammy impact of subdued demand a long with lower production on account of COVID-19 pandemic, the Reserve Bank of India (RBI) on Friday reduced its...
Egypt’s central bank left its key interest rates unchanged, unexpectedly halting an easing cycle that began in August. The bank kept its deposit rate steady at 12.25% and its lending...
Bank of America Corporation got stung by lower interest rates in the fourth quarter, sending its profit down 4%, a trend that management expects to continue this year. The Charlotte,...
