Banks borrowed a record amount from the Federal Reserve’s newest backstop facility in the most recent week as increasing wagers on interest-rate cuts made...
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and...
Credit card spends rose 38.3% year-on-year(y-o-y) to an all-time high of Rs 1.8 trillion in October aided by strong festival season spends.
The 38.3% y-o-y...
The fundamentals of the Indian economy remain strong but adverse global developments and “negative cross-border spillovers” could be obstacles to the country achieving a...
Thailand’s central bank is poised to deliver another rate increase in line with an unwavering post-pandemic tightening strategy despite rapid disinflation and political gridlock.
Bank...
Domestic food price inflation remains high, with Venezuela, Lebanon, Zimbabwe, Argentina and Suriname among the hardest hit countries, according to the World Bank.
The most...
Japan's benchmark 10-year government bond yield surged to a nine-year high on Monday, spurring the central bank to conduct unscheduled bond buying to slow...
The countdown is beginning toward the end of the Bank of Japan decadelong radical monetary easing, although markets are divided about how many ticks...
British retail sales grew faster than expected in June despite continued high inflation, thanks to unusually hot weather and a rebound in food sales...
Pakistan’s foreign exchange reserves rose to about a nine-month high after the South Asian nation secured a fresh financial bailout from the International Monetary...
