Browsing: Economy

The US Federal Reserve (Fed) has maintained its policy interest rate range at 5.25%-5.50% for the second time during its November meeting, according to recent reports.…

Chinese banking officials, including Zhang Hongli, the former vice president of ICBC, are currently under investigation as part of President Xi Jinping’s extensive anti-corruption campaign. The…

Global banks are revising their interest rates in response to ongoing inflation that has been affecting corporate profit margins and causing stock prices to fall. The…

By Gloria Dickie and Valerie Volcovici Countries moved a step closer on Saturday to getting a fund off the ground to help poor states damaged by…

(Reuters) -Scandinavian airline SAS secured an investment agreement with a consortium for restructuring aid of 13.2 billion Swedish crowns ($1.21 billion), with a loan from Castlelake…

SYDNEY (Reuters) – Australia’s Treasurer Jim Chalmers said on Sunday he planned to name a new Reserve Bank of Australia deputy governor in the next month,…

(Reuters) -William Lewis, the former Dow Jones chief executive and publisher of The Wall Street Journal has been named chief executive of The Washington Post, the…

The Reserve Bank of Australia (RBA) is set to tighten its monetary policy in response to the country’s inflation, which economists attribute to climate change, geopolitical…

By Michael S. Derby (Reuters) – U.S. Senator Rick Scott, a fierce critic of the Federal Reserve’s bond-buying program, has sent a new letter to central…

NAIROBI (Reuters) – International Monetary Fund (IMF) staff on Wednesday reached a preliminary agreement with Somalia that will allow for the release of $100 million in…