US business activity tapered off to a four-month low due to softer demand in April.
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Fed
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Featureforex newsInternational NewsMoneyNewsThe Watch
Dollar runs at 152 against Japanese yen
by Nada Aliby Nada AliAsian shares are up today, with the Nikkei rising 1.6 per cent and the yen weakening against …
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FeatureIndustry & TradeInternational NewsNewsThe Watch
Oil prices surge amid Red Sea tensions
by Nada Aliby Nada AliOil prices rose in Asian trade on Wednesday due to concerns about attacks on shipping in the …
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China’s central bank held the interest rate on its one-year policy loans at 2.5 per cent on …
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BanksFeatureInternational NewsNews
China’s c. bank set to keep rates unchanged
by Nada Aliby Nada AliChina’s central bank is likely to keep the key policy rate unchanged when renewing the maturity medium-term …
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BanksFeatureMoney
UAE, Qatar central banks keep rates unchanged in tandem with Fed move
by Yomna Yasserby Yomna YasserThe UAE and Qatar central banks have kept the interest rates unchanged, following the U.S. Federal Reserve’s …
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BanksInternational NewsThe Watch
U.S. banks borrow from Fed’s lending programme
by Sama Mousaby Sama MousaU.S. banks are rushing to borrow from the lending programme of the Federal Reserve this week, as …
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BanksInternational News
U.S. weighs new fund as backup if more banks fail
by Sama Mousaby Sama MousaThe U.S. Federal Reserve and the Federal Deposit Insurance Corp are considering creating a fund to allow …
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BanksFeatureFinancial InstitutionsInternational News
Fed may raise policy rates to 6% – BofA
by Sama Mousaby Sama MousaU.S. Federal Reserve may raise the interest rate to around 6 percent according to global research from …
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BanksFeatureInternational NewsMoneyNews
U.S. Fed raises rates for the seventh time in a row
by Yomna Yasserby Yomna YasserThe U.S. Federal Reserve has on Wednesday increased its interest rates for the seventh time in a …
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