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Global Market: ECB launches blockchain payment service, to invest in digital securitiesThe European Central Bank launched Pontes, a new service connecting its payment infrastructure with blockchain markets for euro settlements...
US Fed, BoE step up scrutiny of bank exposure to trading firms after Jane Street loss: ReportGlobal banks face inquiries from central banks regarding trading firm exposures. The Bank of England and Federal Reserve seek details on ri...
Charting the global economy: Fed officials raise interest ratesThat marks the shortest interval between such moves since 1990, when the central bank’s rapid policy tightening played a key role in bursti...
Dollar advances vs yen as BOJ dissent clouds rate-hike outlookFollowing the Bank of Japan's decision to increase interest rates, the dollar saw a rise against the yen. Some policymakers expressed skept...
Europe's STOXX600 falls as autos, telecoms lead broad sell-offEuropean stocks took a downturn on Friday, primarily influenced by the disappointing outlook from Volkswagen and considerations surrounding...
Yen slumps to two-week low after BOJ rate hike underwhelmsThe Japanese yen faced a sharp decline against the dollar in the aftermath of the Bank of Japan's recent interest rate hike. This decision,...
Global Market: European shares edge lower as telecom stocks weighEuropean shares edged lower on Friday, with the STOXX 600 slipping 0.2% as telecommunications and food stocks weighed on the benchmark. Tec...
Global Market: J.P. Morgan sees BoE rates rising amid renewed inflation risksJ.P. Morgan expects the Bank of England to raise interest rates by 25 basis points in November and again in 2027 after holding rates at 3.7...
Yen slumps after BOJ hikes rates as expectedThe yen declined against major currencies after the Bank of Japan raised interest rates. Japan's core inflation remained steady near the ce...
Gold rises slightly on lower oil prices, subdued dollarGold prices witnessed a small rise on Friday, influenced by lower oil costs and a softer dollar backdrop. Traders remain vigilant regarding...
Yen weak ahead of BOJ decision; rate hike expectedThe yen dipped against both the dollar and euro as investors speculated about a potential interest rate hike by the Bank of Japan. Recent i...
Bank of England sounds inflation alarm as it holds interest ratesThe Bank of England has decided to hold interest rates steady at 3.75 percent and is currently halting gilt sales. With inflation risks esc...
Global Market: European shares advance as investors await Bank of England decisionEuropean shares rose on Thursday as falling crude oil prices and stabilising bond markets improved investor sentiment following the U.S. Fe...
Global Market: Bank of England seen holding rates as UK inflation climbsThe Bank of England is expected to hold its 3.75% benchmark rate for a sixth meeting despite UK inflation rising to 3.1% in August. Higher ...
US Market: Goldman Sachs sees Fed raising rates again in OctoberGoldman Sachs now expects the US Federal Reserve to raise interest rates by another 25 basis points in October, revising its earlier view t...
Hawkish Fed lifts dollar to 7-week high as focus turn to BOJIn a remarkable shift, the dollar has climbed to its highest point in seven weeks after the Federal Reserve's decision to elevate interest ...
Gold ticks up from near six-week low as investors weigh Fed outlookOn Thursday, gold prices slightly increased after previously touching a six-week low, responding to the U.S. Federal Reserve’s hike in inte...
School Assembly News Headlines, September 17, 2026: Top national, international, business, sports updates and thought of the daySchool Assembly News Headlines: India's ambassador held discussions with Nepal's foreign minister to enhance their bilateral relations. Mea...
UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this yearUnited Kingdom inflation reached a five-month peak in August, driven by fuel prices. This increase moves inflation further from the Bank of...
Central banks turn hawkish again as oil shock stokes inflationInterest rate hikes are now a global trend, marking the longest monetary tightening since 2023. The West Asia oil shock has driven headline...