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Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
Fed and BoE stay guarded after 100 days of Iran warGlobal central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key c...
Give our bullion back: India wants its gold under own lock and keyIndia is rapidly repatriating its gold reserves, bringing the majority home from overseas vaults. This strategic shift, driven by trust con...
Global Market: Emerging markets face mounting economic pressure amid Iran war disruptionsThe Iran war's economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal stra...
Why European Union's wartime loan is vital lifeline for cash-strapped UkraineUkraine has secured a vital 90 billion euro European Union loan. This funding will sustain its wartime efforts. The loan arrives at a criti...
Gold hoarding by central banks picks pace in February, but Russia remains big sellerGlobal central banks stepped up gold buying in February, led by strong purchases from Poland, China, and several emerging markets, even as ...
RBI adds 8 tons gold to its reserves in November 2024: WGCIn November 2024, global central banks added 53 tonnes to their gold reserves. The Reserve Bank of India contributed 8 tonnes, summing its ...
RBI adds 27 tn gold to country's reserve in October: WGCCentral banks significantly increased gold reserves in October, with India leading the charge by adding 27 tonnes. Turkey and Poland also c...
Central banks remain keen buyers of gold, representatives tell bullion conferenceCentral banks continue to value gold for diversifying reserves, despite price rallies and a slowdown in Chinese purchases. The Czech Republ...
Pandora Papers: Document dump allegedly links world leaders to secret wealthThis came five years after the leak known as the "Panama Papers" exposed how money was hidden by the wealthy in ways that law enforcement a...
Abu Dhabi art gallery owner has a sideline business: Trading COVID-19 vaccinesMuzaleva wrote a proposal to the Czech ambassador to the United Arab Emirates, reviewed by Reuters and dated Feb. 24, offering to procure a...
Swiss accounts: Four new names public, but no Indian this timeThese included an American citizen, identified by the initials 'RK' and date of birth, Czech Republic-based H2 Medical, as also a Georgian ...
EU's emerging economies shine in Q1, shrug off UkraineThe data showed that in the first 3 months the region's economies were not affected by the Ukraine crisis and benefited from a strong perfo...
Eurozone crisis: Why adopting the euro is a trap for some nationsOnce a country adopts the euro, it enters a danger zone where capital becomes so cheap that govts & firms can accumulate too much debt, say...
- Investors see the weakness as a chance
Investors who missed the first entry points are now looking for stocks that are still relatively cheap but likely to outperform in future i...
- EU recession over, but sharp contrasts in east
The European Union may have inched out of its sharpest recession since the global slump of the 1930s, but green shoots are not emerging uni...
- EXL set to buy Schneider's back-office unit in Czech
Nasdaq-listed BPO firm ExlService Holdings (EXL) is acquiring the back-office unit of US-based logistics firm Schneider National in Czech R...
- Germany rejects bailout plan for east EU nations
Germany rejected appeals on Sunday for a single multibillion euro (dollar) bailout of eastern Europe, even after Hungry begged EU leaders n...
- Cracks appear in EU unity over financial crisis
Europe's much-vaunted unity over the financial crisis showed signs of unravelling on Thursday, amid irritation over French President Nicola...
- Bond St swings back into action, signals revival of global markets
Emerging market sovereign and quasi-sovereign borrowers are returning en masse to international markets with a swathe of new bond sales in ...