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Weak Second Quarter Makes SNB Payout to Switzerland Less Likely
Banking

Weak Second Quarter Makes SNB Payout to Switzerland Less Likely

A Swiss National Bank payout to the Swiss government and cantons for
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Pete Sadler
How China Is Working to Stimulate Its Weak Economy
News

How China Is Working to Stimulate Its Weak Economy

China has made a number of pledges recently to revive the economy’
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Pete Sadler
Saudi Arabia's Economy Slows Due to Oil Cuts and Price Decline
News

Saudi Arabia's Economy Slows Due to Oil Cuts and Price Decline

Saudi Arabia’s growth slumped in the second quarter as a drop
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Pete Sadler
Understanding the Bank of England's Plight and the Need for Empathy
Banking

Understanding the Bank of England's Plight and the Need for Empathy

The Bank of England finds itself in a tricky position leading up
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Pete Sadler
Italy's Economy Faces Surprise Contraction, a Challenge for Meloni
News

Italy's Economy Faces Surprise Contraction, a Challenge for Meloni

Italy’s economy unexpectedly contracted in the second quarter, a setback for
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Pete Sadler
Polish Inflation at 17-Month Low, Fueling Rate Cut Speculation
News

Polish Inflation at 17-Month Low, Fueling Rate Cut Speculation

Polish inflation slowed to its lowest rate in 17 months, making it
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Pete Sadler
Tinubu Initiates Probe Into Nigeria's Central Bank Operations
Banking

Tinubu Initiates Probe Into Nigeria's Central Bank Operations

Nigerian President Bola Tinubu, weeks after he suspended the nation’s central
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Pete Sadler
UK Considers Extending Bank Closure Rules to Business, Reports Telegraph
Banking

UK Considers Extending Bank Closure Rules to Business, Reports Telegraph

UK government considers extending bank branch closure rules to protect business customers, potentially slowing the pace of high street banking closures.
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Pete Sadler
Lebanon Central Bank Deputy to Assume Leadership After Scandal
Banking

Lebanon Central Bank Deputy to Assume Leadership After Scandal

Lebanon’s central bank first vice-governor said he will take on the
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Pete Sadler
Swiss National Bank Reports $15 Billion Loss in Second Quarter
Banking

Swiss National Bank Reports $15 Billion Loss in Second Quarter

The Swiss National Bank reports a 5 billion loss in Q2 2023, driven by currency losses and declining bond valuations amid global monetary tightening.
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Pete Sadler
Bank of Ireland Raises Forecasts and Targets Higher Dividend
Banking

Bank of Ireland Raises Forecasts and Targets Higher Dividend

Bank of Ireland lifted its full-year guidance on Monday and said it
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Pete Sadler
India's Inflation Rate Expected to Breach RBI's Tolerance Ceiling Once More, Driven by Soaring Food Prices
News

India's Inflation Rate Expected to Breach RBI's Tolerance Ceiling Once More, Driven by Soaring Food Prices

India’s retail inflation rate is likely to breach the central bank’
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Pete Sadler
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