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Recent Posts

  • Amid Air India probe, US FAA, Boeing notify fuel switch locks are safe, document, sources say
    July 13, 2025
  • Israel stocks lower at close of trade; TA 35 down 2.33%
    July 13, 2025
  • Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.21%
    July 13, 2025
  • December 19, 2024

ECB should continue small rate cuts, Patsalides tells Reuters

-- The European Central Bank (ECB) should maintain a strategy of implementing small, gradual interest rate cuts, according to Cypriot policymaker Christodoulos...

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  • December 19, 2024

Cautious Fed enters new phase as focus swings back to inflation

-- The Federal Reserve reduced its benchmark interest rate by 25 basis points on Wednesday, marking the third consecutive cut but signaling caution about the pace of...

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  • December 19, 2024

No need for ECB to start stimulating growth, Patsalides says

By Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank should keep cutting interest rates by small increments and there is no need to ease policy to a level that starts...

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  • December 19, 2024

Here are the key takeaways from Putin's annual press conference

-- On Thursday, Russian President Vladimir Putin expressed readiness for a dialogue with U.S. President-elect Donald Trump, while also discussing Russia's economic...

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  • December 19, 2024

Norway keeps rates on hold, eyes three cuts in 2025

OSLO (Reuters) -Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as expected, and said it now planned to cut rates three times...

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  • December 19, 2024

Fed cutting cycle could be almost over, BofA analysts say

-- As widely expected, the Federal Reserve announced a 25 basis points (bps) rate cut at its December meeting, bringing the target federal funds rate down to a range...

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  • December 19, 2024

Philippines central bank cuts rates again, signals more ahead

-- The Central Bank of the Philippines (BSP) has cut its rates by 25 basis points to 5.75%, marking the third consecutive meeting at which rates have been reduced....

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  • December 19, 2024

Capital Economics sees muted Saudi growth into 2025

Capital Economics released an analysis on Saudi Arabia's economic outlook, projecting subdued growth into 2025. The firm's forecast is based on the country's continued conservative...

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  • December 19, 2024

Post Fed correction could last through January, Yardeni says

-- The sharp market reaction to the Federal Reserve’s latest hawkish interest rate cut signals the beginning of a much-anticipated correction in the financial...

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  • December 19, 2024

Taiwan central bank raises growth forecast, warns of US trade policy risks

-- Taiwan's central bank has increased its growth forecast for this year, recognizing the significant role that local companies such as chipmaker TSMC are playing in...

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