The Bank of England decided to maintain its main interest rate at 4.75% on Thursday. However, policymakers showed increasing division over the necessity of rate cuts…
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Canada’s main stock index dropped to a three-week low on Friday. A decline in metal prices negatively impacted the materials sector, causing the market to lose…
As economic instability, turbulent markets and increasing risks from geopolitical tensions weigh in on MENA economies combined with the economic impact from protracting oil prices, the…
The global cryptocurrency market has surpassed $3 trillion, entering new territory. The election of Donald Trump as U.S. president has encouraged speculation that more favorable U.S.…
Chinese regulators have instructed the country’s banks to reduce the interest rates they offer on deposits from other financial institutions. This move aims to free up…
Premarket trading saw Goldman Sachs’ shares rise more than 3% as its third-quarter profit increased by 45% due to a recovery in bond sales, stock offerings,…
Monday saw an all-time low for the Indian rupee due to ongoing dollar demand by international banks, most likely on behalf of their custodial customers.The rupee…
Oil prices declined on Monday after last week’s sharpest weekly increase in over a year. Concerns about oversupply and weaker demand offset fears that a broader…
The Philippines aims to level the playing field with domestic brick-and-mortar players. To achieve this, the country will impose a 12% value-added tax (VAT) on digital…
On Friday, Shigeru Ishiba, the country’s future prime minister, emphasized how important it is for the economy to properly recover from deflation.He said Japan must revive…