Australia Extends Rate Pause for Second Consecutive Month as Prices Ease
Australia’s central bank kept its key interest rate unchanged on Tuesday…
Central Banks' Gold Demand Falls as Turkey Conducts Massive Sales
Central banks’ gold demand fell for a third straight quarter as massive…
Chile's Economy Surprisingly Expands for the First Time Since January
Chile’s economic activity expanded for the first time since January as…
HomeStreet Bank Explores Various Options, Including Potential Sale
HomeStreet Inc., a Seattle bank that’s lost about two-thirds of its…
Standard Chartered's CCIB Co-Head Manish Jain to Join Yes Bank, Sources Reveal
Standard Chartered Plc’s co-head of corporate, commercial and institutional banking for…
Thailand Poised to Raise Key Interest Rate to Nine-Year High
Thailand’s central bank is poised to deliver another rate increase in…
Egypt's Currency Squeeze Intensifies as Banks' Foreign Buffers Decline
Net foreign assets held by Egypt’s commercial banks went into a…
Global Food Inflation Remains High Across the World
Domestic food price inflation remains high, with Venezuela, Lebanon, Zimbabwe, Argentina and…
Fitch's Downgrade of US Credit Rating Amid Fiscal Face-Offs Creates Impact
On Tuesday, Fitch Ratings said it was knocking down the country’s…
Banks Tighten Lending Conditions, Adding Pressure on US Economy
The Federal Reserve’s efforts to bring inflation under control appear to…
Citi Analysts Express Concern at Banks Over China's Mortgage Rate Push
China’s use of stronger language in its latest pledge for banks…
Former Bank of England Chief Suggests Recession as a Solution to Tackle Inflation
The Bank of England will need to force Britain into recession to…