Concerns Mount as Australia's Central Bank Hits Pause with Restrictive Policy Stance
Australia’s central bank decided to keep interest rates steady this month…
Philippine Central Bank Chief Maintains Openness to Rate Tightening
Philippine central bank Governor Eli Remolona signaled further monetary policy tightening is…
More Americans Facing Loan Rejection, Fed Data Indicates
Americans are increasingly likely to get turned down when they apply for…
China's Economic Recovery Slows, Experts Call for "Desperately" Needed Stimulus
China’s economic recovery continued to lose steam in the second quarter…
IMF Grants $1 Billion to Kenya Post Latest Loan Review
The International Monetary Fund approved almost $1 billion for Kenya, saying the…
Australia's Decision to Hold Rate at 4.1% Driven by "Stronger" Outlook
Australia’s central bank said the case to leave interest rates unchanged…
African Central Banks to Maintain Tighter Interest Rates for Extended Period
African central banks due to decide on interest rates in the next…
World Bank Chief Shows Strong Optimism on India in Latest G-20 Meeting
Group of 20 finance ministers and central bank governors begin two days…
UniCredit to Intensify Cuts as Inflation Expenses Exceed $1 Billion
UniCredit SpA plans to cut an additional €500 million in costs by…
New Zealand Inflation Expected to Slow Significantly Amidst Rate Hikes Impact
New Zealand inflation probably slowed markedly in the second quarter as the…
Nigerian Bank Looks for More Opportunities After Acquiring StanChart Assets
Nigeria’s biggest lender is seeking more acquisitions in a bid to…
Vietnam Central Bank Adopts Cautious Approach on Rate-Cut Amid Risks
A month or so ago, Vietnam’s central bankers were rushing to…