Bank of Japan raises interest rate to 0.25%, cuts bond purchases in major policy shift
The Bank of Japan (BoJ) has increased its benchmark interest rate to 0.25% and announced plans to halve its monthly bond purchases, marking…
Tag: FINANCE
Major Gulf markets gain as geopolitical concerns ease
April 23 Major stock markets in the Gulf rose in early trade on Tuesday, on course to recover some losses as fears of…
The IMF and World Bank Spring Meetings: What to Know
The IMF and World Bank’s spring meetings will focus on the prospects for a soft landing after years of global economic turbulence. But…
Hong Kong investment banking giant launches first tokenized commercial paper on Ethereum
share In a landmark development, GF Securities, a leading investment banking giant based in Hong Kong, has announced the launch of Hong Kong’s…
Turkey’s economic team holds first investor meeting since policy U-turn
Turkey’s new-look economic team met for the first time with international investors on Friday, with questions over how far it will hike interest…
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Development banks can boost lending by $200 bln – Paris summit
PARIS – Multilateral development banks are expected to unlock $200 billion in extra firepower for emerging economies by running their balance sheets more…
Bahrain’s Mumtalakat extends McLaren group stake
Bahrain’s state investment fund Mumtalakat said on Thursday it has bought the senior preference shareholder stakes in McLaren Group, as part of a…
Turkey expects Gulf investments after top-level UAE visit -sources
ANKARA – Turkey expects the United Arab Emirates (UAE) and Saudi Arabia to invest in its energy and defence sectors after negotiations in…
Brexit an ‘economic disaster’ for UK and German trade – DIHK
BERLIN – Brexit has been an “economic disaster” for trade and investment ties between the United Kingdom and Germany, leading to a fall…
Scientists fight claim EU nature law hurts farmers
BRUSSELS – Claims by centre-right lawmakers that the EU’s flagship bill to restore nature will hurt farmers and endanger food security are not…