National Bank of Canada's Profit Declines Due to Rising Provisions
National Bank of Canada reported a fall in second-quarter profit on Wednesday…
Pete Sadler
UAE Central Bank Releases Anti-Money Laundering and Counter-Terrorist Financing Guidelines for Virtual Assets
The UAE Central Bank has issued new anti-money laundering and counter-terrorism financing…
China's economy faces further strain as youth unemployment reaches unprecedented levels
As youth unemployment in China rises to a record high, college graduates…
India's RBI anticipated to maintain current rates until year-end, with a potential rate cut forecasted in early 2024, according to a Reuters poll.
The Reserve Bank of India (RBI) will leave its key interest rate…
World Bank approves $1 billion loan for Kenya's development projects
The World Bank said on Tuesday it approved a $1 billion loan…
Colombia's central bank may consider ending rate hikes if inflation continues to decelerate, according to board chief
Colombia’s central bank could call time on its upward monetary cycle…
Bank of Japan reports first unrealized loss on government bonds in 17 years
The Bank of Japan reports its first unrealised loss on government bonds in 17 years, as global monetary tightening pressures reach Japanese fixed income markets.…
European Central Bank (ECB) cautions about potential impact on major European banks if funds face difficulties
The euro zone’s top banks may take a hit if their…
Goldman's sovereign business leader, Powell McCormick, joins a merchant bank
Dina Powell McCormick (NYSE:MKC), the head of Goldman Sachs Group Inc…
Debt ceiling issue resolved, investors now face the next challenge
The tentative debt ceiling deal between President Joe Biden and Speaker Kevin…
Sri Lanka's central bank to keep rates unchanged as inflation remains elevated
Sri Lanka’s central bank is expected to keep rates unchanged at…
BOJ chief advocates for maintaining an ultra-easy policy with patience
Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank…