Traders’ confidence in three quarter-point interest-rate cuts by the Federal Reserve this year is fading, with markets …
Category:
International News
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BanksFeatureInternational NewsMoneyNewsReal Estate
Chinese Shimao receives wind-up petition in H. Kong
by Nada Aliby Nada AliChinese developer Shimao Group received a liquidation petition from China Construction Bank (Asia) against it in Hong …
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BanksFeatureInternational NewsMoneyNews
China’s PBC adds $2m via reverse repos
by Nada Aliby Nada AliThe People’s Bank of China (PBC) conducted two billion yuan ($281.9 million) of seven-day reverse repos.
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ArabFeatureInternational NewsNewsStocks
Asian stocks hike on concerns about US rate cuts
by Nada Aliby Nada AliAsian shares were subdued on Monday as investors awaited the US Federal Reserve’s decision on rate cuts.
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Featureforex newsIndustry & TradeInternational NewsNewsThe Watch
Gold prices hit record amid Middle East tensions
by Nada Aliby Nada AliGold prices continued their record-breaking rally on Monday, driven by speculative buying and ongoing tensions in the …
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Chinese investment in Australia dropped significantly in 2023, reaching the second-lowest level in 18 years.
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BanksFeatureInternational NewsMoneyNewsThe Watch
China’s c. bank continues gold-buying streak for 17th consecutive month
by Nada Aliby Nada AliChina’s central bank persistently bolstered its gold reserves for the 17th consecutive month in March.
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FeatureInternational NewsMoneyNews
China’s FX reserves up to $3.246t in March
by Nada Aliby Nada AliChina’s foreign exchange reserves increased by $19.8 billion to $3.246 trillion in March.
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FeatureInternational NewsNews
US becomes Japan’s investment destination instead of China
by Nada Aliby Nada AliJapanese companies are increasing investments in the US to tap into robust consumer spending, shifting focus from …
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FeatureInternational NewsNews
China’s Xinjiang sees tourism boom in Qingming holiday
by Nada Aliby Nada AliTourism revenue in China’s Xinjiang Uygur Autonomous region increased by 62.33 per cent to about 2.2 billion …