IMF Raises Projections, But Warns Global Economy Still Faces Challenges
The risk of a crash landing for the global economy has receded,…
UK Government Confronts £150bn Bill to Cover Bank of England's QE Losses
The Bank of England has estimated it will require the Treasury to…
Turkey Implements New Lending Rules to Curb Credit Boom
Turkey’s central bank has rolled out new measures to curb credit-card…
Australia's CPI Inflation Eases in Q2, Strengthening RBA's Pause Speculations
Australian consumer price index inflation grew less than expected in the second…
Ghanaian Central Bank Urges Stricter Fiscal Measures amid Latest Interest Rate Hike
Ghana’s central bank called on Monday for tighter fiscal policy to…
Regional Banks Prioritize Capital Preservation, Reduce Lending Activities
Regional banks across the United States are reportedly deciding to cut back…
Standard Chartered's Global Reach: Bridging Continents and Linking Markets
In a world that grows increasingly interconnected, the UAE has emerged as…
Credit Suisse Faces $388 Million Fine in Response to Archegos Collapse
Credit Suisse has been fined $388mn by US and British regulators for…
Federal Banking Regulator Cautions Against A.I. Risks, Including Potential Discrimination in Lending
The Federal Reserve’s top banking regulator expressed caution Tuesday about the…
Bank of Canada Predicted to Maintain 5% Interest Rate Amidst Resilient Economy
Economists now see a soft landing for the Canadian economy, with no…
Bank Indonesia to Hold Interest Rates Steady in Anticipation of Key Fed Meeting
Indonesia’s central bank will likely keep its benchmark interest rate at…
Citi's Acquisition of Deutsche Bank's Mexico License Signals Progress Towards IPO
Citigroup Inc. completed its acquisition of Deutsche Bank AG’s Mexican bank…