Credit Suisse Breaks Norm by Disclosing Details of EM Debt Holdings
Credit Suisse is one of a handful of global banks publicly disclosing…
US Bank Earnings Challenge the Validity of Popular Recession Theory
The robust earnings at megabanks from JPMorgan Chase & Co. to Wells…
China's Central Bank Gives Indications of Support, Encourages Patience
The People’s Bank of China on Friday urged patience and confidence…
Angola Unexpectedly Keeps Interest Rates Unchanged Despite Soaring Inflation
Angola’s central bank unexpectedly kept its key interest rate unchanged for…
New Zealand Maintains Interest Rates Unchanged as Inflationary Pressures Ease
New Zealand’s central bank kept interest rates unchanged for the first…
Low Unemployment Rate Supports Australian Banks in Home Loan Market
The CEOs of Australia’s two biggest banks said on Thursday a…
ECB's Visco Suggests Peak in Interest Rates is Approaching
The European Central Bank is “not very far” from a peak in…
Dollar Weakens in Response to US Disinflation Signals as Fed Nears the End of Hiking Cycle
The dollar sank to its lowest since April 2022 on Thursday, as…
Africa's Largest Bank Aims to Embrace Crypto as a "Fast Follower"
Africa’s biggest bank is watching developments in crypto currencies but isn’…
Hong Kong Sets Plan to Increase Bank Deposit Protection Starting in 2025
Hong Kong plans to raise the maximum protection on bank deposits in…
Peru Maintains Key Rate at Two-Decade High Amidst Decreasing Inflation
Peru held interest rates at a 22-year high on Thursday as policymakers…
Barclays Said to be Considering Selling Its German Consumer Finance Business
Barclays Plc is preparing the sale of its consumer-finance business in Germany…