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The Bank of Japan maintained its ultra-easy monetary settings on Tuesday but signalled its growing conviction that conditions for phasing
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 and economic output.
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,
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 jump
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 (BOJ)
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.
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.
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
The US stock market’s hefty gains in 2023 could provide a lift for equities next year, if history is any guide. The S&P 500 ended the year on Friday
Despite a downturn in the financial position of other countries, the UAE has shown that where its economy is concerned, it is on sound, stable ground.