Global Market: US-Japan coordinated yen intervention raises pressure on bears, but BOJ policy holds the keyThe first coordinated US-Japan yen-buying intervention in 15 years has triggered a sharp rebound in the Japanese currency, squeezing bearis...
Gold steady with Middle East turmoil, US jobs data in focusGold prices remained stable as investors watched for U.S.-Iran talks. Conflicting reports emerged regarding potential negotiations between ...
FPI inflows into Indian G-Secs dry up as US rate hike loomsForeign investors are reducing positions in Indian debt after a key index inclusion was delayed. Inflows into Indian debt have significantl...
Yen holds gains after Japan, US confirm joint intervention, signal more actionJapan and the United States intervened jointly to support the Japanese yen currency. This rare action aimed to prevent further declines and...
Citi hires Bank of America's Rohan Sen to lead technology services bankingCiti has hired Rohan Sen from Bank of America to lead technology services coverage. This move strengthens Citi's technology banking ranks a...
Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facilityBanks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...
Indian rupee ends flat as robust importer hedging blunts oil price reliefThe Indian rupee finished slightly lower at the close on Monday, pulling back from an early surge. Demand for dollars from importers and st...
Global Market: Japan, US confirm coordinated yen intervention to stem currency slideJapan's finance ministry confirmed that Tokyo and Washington jointly intervened in currency markets to support the yen for the first time s...
RBI MPC begins today as policymakers weigh inflation, crude risksThe Reserve Bank of India's Monetary Policy Committee begins its meeting this week. Market participants widely expect the benchmark repo ra...
HDFC, ICICI Bank rates up for dollar depositsBanks are raising FCNR(B) deposit rates to attract dollars amid global rate increases. ICICI Bank and HDFC Bank have already adjusted their...
Japan to announce Tokyo, Washington took joint action on yen: ReportJapan's Finance Minister plans to reveal a cooperation with Washington regarding currency market interventions aimed at arresting the yen's...
Capital One shuts Trump Organization's accounts after anti-money laundering probeCapital One stated anti-money laundering concerns prompted account closures for the Trump Organization. The bank is seeking dismissal of a ...
Charting the Global Economy: Central banks hold the lineGlobal central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some offic...
What the ET SME Summit shows about building brand influence in India's MSME economyThe ET SME Summit demonstrates how reputed editorial ecosystems help brands gain credibility, influence decision-makers and create lasting ...
Gold on track to end four-month slump as investors weigh Fed signalsGold prices are poised for their first monthly gain in five months. Investors are assessing the impact of the U.S.-Iran conflict on global ...
US bond yield is global finance’s Achilles heel: Uday Kotak after Fed meetingThe yield on the 30-year US Treasury bond rose to a 19-year high, according to a Reuters report, as concerns over the Federal Reserve’s com...
Gold edges higher as markets weigh Warsh's inflation message after Fed decisionGold prices saw a slight increase as markets evaluated Federal Reserve comments. The central bank maintained interest rates, leaving future...