Several US banks face comparable risks to SVB as Fed maintains rate hikes
Scores of U.S. banks are facing similar balance sheet risks to…
Bank of England raises interest rates again while predicting a rapid drop in inflation
The Bank of England (BoE) raised interest rates for the 11th time…
State Bank of Pakistan may increase interest rate to access IMF loan programme
The State Bank of Pakistan (SBP) is likely to raise the interest…
Cash shortages drive up digital currency usage in Nigeria
Nigerians have increasingly turned to a once-spurned digital currency to transact, after…
IMF cuts SA's economic growth forecast and urges reforms
South Africa must implement reforms to boost private-sector investment, promote good governance…
Power cuts have shrunk SA economy by one fifth, says PIC
Blackouts have reduced the potential size of South Africa’s economy by…
Fed's recent interest rate hike: Wall Street reacts and Powell speaks out
The Federal Reserve is still playing inflation fighter despite investor focus on…
Hindenburg criticizes Dorsey's payments firm Block, leading to a drop in share prices
Hindenburg Research on Thursday disclosed short positions in Block Inc (SQ.N)…
Moody's Chief Economist Mark Zandi expresses disappointment and calls the Fed's latest interest rate hike unnecessary
The Fed’s Wednesday interest rate hike is likely to add to…
World Bank grants approval for $7bn financing program to support Egypt
The World Bank has announced that it has approved a $7 billion…
Argentina plans to urge state-owned entities to relinquish dollar bonds, says Ministry official
Argentina’s government will push state entities to give up their foreign-law…
Switzerland's wealth management leadership at risk due to Credit Suisse's collapse, according to analysis
The fall of Credit Suisse (CSGN.S) has dealt a serious blow…