Russia’s central bank cut on Friday its key rate to 9.75 percent and signalled more cuts would …
monetary policy
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Banks
Bank of Japan keeps policy steady as Fed sticks to rate-hike path
by Yomna Yasserby Yomna YasserThe Bank of Japan kept on Thursday monetary policy steady in the wake of the U.S. Federal …
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Asian markets gained on Wednesday as investor sentiment were bolstered after the Dow hitting a new record …
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The dollar inched lower on Monday but didn’t stray far from recent highs ahead of a U.S. …
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USA
Dow, S&P and transports end at all-time highs as stocks surge more than 1%
by Yomna Yasserby Yomna YasserU.S. stocks ended sharply higher Wednesday as the Dow and S&P hit new record highs, while investors …
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India’s government promoted Urjit Patel, a deputy governor in charge of monetary policy at the Reserve Bank …
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Banks
Egypt’s central bank sub governor for monetary policy to join IMF
by Yomna Yasserby Yomna YasserEgypt’s central bank sub governor for monetary policy is joining the International Monetary Fund (IMF) in August, …
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Banks
Central banks may do more harm than good, says India’s central bank chief
by Yomna Yasserby Yomna YasserRaghuram Rajan, governor of the Reserve Bank of India, has been leery of the unconventional monetary policy …
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Banks
Excessive loosening of China’s monetary policy would increase yuan pressure
by aya salahby aya salahExcessive loosening of monetary policies in China would create asset bubbles and increase downward pressure on the …
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World
Nikkei jumps after surprise BOJ easing; real estate stocks outperform
by Yomna Yasserby Yomna YasserJapan’s Nikkei share average soared to more than a two-week high Friday after the Bank Of Japan …