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Oil Settles Lower as Tighter Supplies Compete with Concerns Over Rate Hikes
News

Oil Settles Lower as Tighter Supplies Compete with Concerns Over Rate Hikes

Oil prices settled lower on Monday, after rising for three straight weeks,…
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Pete Sadler
World Bank Cuts India's Growth Projection for Current Fiscal Year to 6.3%
Banking

World Bank Cuts India's Growth Projection for Current Fiscal Year to 6.3%

The World Bank on Tuesday lowered its forecast for India’s economic…
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Pete Sadler
Egypt's Headline Inflation Rate Jumps to 32.7% in March
News

Egypt's Headline Inflation Rate Jumps to 32.7% in March

Egypt’s annual urban consumer inflation rate in March climbed to 32.…
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Pete Sadler
Indonesia's Central Bank Reports Increase in Forex Reserves to $145.2 Billion in March
Banking

Indonesia's Central Bank Reports Increase in Forex Reserves to $145.2 Billion in March

Indonesia's central bank reports an increase in foreign exchange reserves to 45.2 billion in March, bolstering the country's external position amid global uncertainty.…
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Pete Sadler
World Bank Chief Raises Global Growth Forecast for 2023, Citing Improving Debt Outlook
Banking

World Bank Chief Raises Global Growth Forecast for 2023, Citing Improving Debt Outlook

World Bank Group President David Malpass said on Monday that the lender…
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Pete Sadler
Signs of Credit Crunch that the Fed Fears May Already Be Emerging
Banking

Signs of Credit Crunch that the Fed Fears May Already Be Emerging

Jeffrey Haley, the CEO of American National Bank and Trust Company, saw…
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Pete Sadler
Wall Street Bank Earnings Face Lingering Pressure from Financial Crisis
Banking

Wall Street Bank Earnings Face Lingering Pressure from Financial Crisis

Most Wall Street banks are likely to report lower quarterly earnings and…
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Pete Sadler
Moderate US Jobs Growth Unlikely to Satisfy Fed's Criteria for Action
Banking

Moderate US Jobs Growth Unlikely to Satisfy Fed's Criteria for Action

With a little over three weeks to go until the Federal Reserve’…
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Pete Sadler
Ueda Takes Over BOJ Governorship in Historic Leadership Shift
Banking

Ueda Takes Over BOJ Governorship in Historic Leadership Shift

Kazuo Ueda took over the reins at the Bank of Japan, replacing…
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Pete Sadler
Bank of Korea Anticipated to Keep Policies Unchanged Despite Growing Challenges
Banking

Bank of Korea Anticipated to Keep Policies Unchanged Despite Growing Challenges

The Bank of Korea is widely expected to stand pat on Tuesday…
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Pete Sadler
Oman's Second-Largest Bank Evaluates Potential Merger with Smaller Counterpart
Banking

Oman's Second-Largest Bank Evaluates Potential Merger with Smaller Counterpart

Oman’s Bank Dhofar SAOG plans to submit a non-binding bid…
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Pete Sadler
Signs of Bank Crisis Relief Evident in Shrinking FHLB Debt Issuance During Late March
Banking

Signs of Bank Crisis Relief Evident in Shrinking FHLB Debt Issuance During Late March

The Federal Home Loan Bank system issued $37 billion in debt in…
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Pete Sadler
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