Asian markets declined on Wednesday as investors awaited a US inflation report that could impact the Federal …
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Federal Reserve
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FeatureInternational NewsNews
Morgan Stanley raises MSCI Europe’s ’24 index target on AI boom
by Nada Aliby Nada AliMorgan Stanley raised its year-end target for the MSCI’s European index on Tuesday, citing the positive impact …
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FeatureStocksWorld
Asian markets tentative as Japan inflation spikes
by Aya El Sayedby Aya El SayedAsian shares experienced a dip on Tuesday as Japanese inflation, which went marginally higher than anticipated, made …
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The US dollar performance faced downward pressure on Tuesday as investors awaited US economic data to gauge …
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BanksFeatureInternational NewsNews
Fed officials express concerns over rapid rate cuts
by Nada Aliby Nada AliMost Federal Reserve officials warned against rushing to lower interest rates during their recent policy meeting, stressing …
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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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FeatureInternational NewsNewsReal Estate
China cuts key mortgage rate to revive market
by Nada Aliby Nada AliChina announced its largest ever reduction in the benchmark mortgage rate on Tuesday, in an effort to …
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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
Yen decline challenges BOJ on rates decision
by Aya Anwarby Aya AnwarThe sharp decline of the yen below 150 against the dollar complicates matters further for the Bank …