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China's economy faces further strain as youth unemployment reaches unprecedented levels
Banking

China's economy faces further strain as youth unemployment reaches unprecedented levels

As youth unemployment in China rises to a record high, college graduates…
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Pete Sadler
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.
Banking

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…
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Pete Sadler
World Bank approves $1 billion loan for Kenya's development projects
Banking

World Bank approves $1 billion loan for Kenya's development projects

The World Bank said on Tuesday it approved a $1 billion loan…
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Pete Sadler
Colombia's central bank may consider ending rate hikes if inflation continues to decelerate, according to board chief
Banking

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…
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Pete Sadler
Bank of Japan reports first unrealized loss on government bonds in 17 years
Banking

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.…
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Pete Sadler
European Central Bank (ECB) cautions about potential impact on major European banks if funds face difficulties
Banking

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…
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Pete Sadler
Goldman's sovereign business leader, Powell McCormick, joins a merchant bank
Banking

Goldman's sovereign business leader, Powell McCormick, joins a merchant bank

Dina Powell McCormick (NYSE:MKC), the head of Goldman Sachs Group Inc…
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Pete Sadler
Debt ceiling issue resolved, investors now face the next challenge
News

Debt ceiling issue resolved, investors now face the next challenge

The tentative debt ceiling deal between President Joe Biden and Speaker Kevin…
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Pete Sadler
Sri Lanka's central bank to keep rates unchanged as inflation remains elevated
Banking

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…
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Pete Sadler
BOJ chief advocates for maintaining an ultra-easy policy with patience
Banking

BOJ chief advocates for maintaining an ultra-easy policy with patience

Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank…
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Pete Sadler
UK banks withdraw mortgage deals from the market amidst another round of rate hikes
Banking

UK banks withdraw mortgage deals from the market amidst another round of rate hikes

UK lenders are removing mortgage deals from the market again and increasing…
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Pete Sadler
Spanish inflation unexpectedly slows, nearing its lowest level in two years
News

Spanish inflation unexpectedly slows, nearing its lowest level in two years

Spanish inflation unexpectedly slows, nearing its lowest level in two years Spanish…
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Pete Sadler
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