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At least 21 people have been killed and 30 injured in an Israeli airstrike in Gaza, Palestinian reports said on Saturday, as Hamas released another video of a hostage abducted during the…
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary…
A monument in honour of the late leader of Russia’s mercenary Wagner Group, Yevgeny Prigozhin, has been unveiled in the Central African Republic (CAR). The statue of Prigozhin and his…
An Israeli airstrike on a car in the Gaza Strip has killed five people, including employees of charity organization World Central Kitchen. The strike, which took place Saturday morning,…
AUSTRALIA’S top central banker said on Thursday (Nov 28) that core inflation was too high to allow for rate cuts in the near term, all but ruling out relief for borrowers at its next…
NEW Zealand’s central bank will debate whether to cut interest rates by 25 or 50 basis points in February, a senior central banker said on Thursday (Nov 28), after having disappointed…
TAMPA, Fla. (WFLA) — Tropical Storm Sara is nearly stationary and producing heavy rainfall over portions of Central America, barely holding on to tropical storm status. In a Saturday…
HUEHUETOCA, Mexico (AP) — Gunmen open fired in a bar in central Mexico killing 10 people and injuring seven, a local official said. The attack took place Saturday in the historic city…
Several cities around the globe have reinvented themselves in recent years, but none more successfully than Almaty. Since the collapse of the USSR, Kazakhstan’s largest city (population…
THAILAND’S inflation stayed below the central bank’s target for a fifth straight month, building pressure on the monetary authority to continue with rate cuts to boost price gains and the…
THE Bank for International Settlements (BIS) said on Thursday (Oct 31) it would quit the cross-border payments platform Project mBridge, raising questions about how the scheme backed by…
KYIV, Ukraine (AP) — A Russian drone strike killed a teenager in Kyiv during a nighttime barrage on the Ukrainian capital that lasted for hours, local officials said, while three people…
CHINA’S central bank governor said on Friday (Oct 18) the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on…
3 min read Last Updated : Oct 16 2024 | 12:34 PM IST As Diwali approaches, central government employees and pensioners are awaiting the much-anticipated Dearness Allowance (DA) hike.…
A third researcher said Pakistan also has to cut its external expenditures through import substitution. (Photo: X @dailystar) 3 min read Last Updated : Oct 14 2024 | 12:39 PM IST…
CASH is still the most accepted payment method for Swiss businesses, the Swiss National Bank (SNB) said on Wednesday (Oct 9), despite plans by some companies to reduce their acceptance of…
AUSTRALIA’S central bank discussed scenarios in which the cash rate may need to be raised or cut in the future at the September policy meeting, having left interest rates steady at 4.35…
Israel continued to pound Lebanon on Thursday, as it launched further attacks on the Iran-backed Hezbollah militia, including in central Beirut, while calling on residents in southern…
THE Chinese central bank said on Monday (Sep 30) that it had bought 200 billion yuan (S$36.5 billion) of the country’s government bonds in open-market operations in September. China’s…
INDONESIA launched on Monday (Sep 30) a central counterparty clearing house (CCP) for foreign exchange and money market transactions as it aims to deepen the capital markets of South-east…
AUSTRALIA’S central bank on Thursday cautioned borrowers against taking on excessive debt when interest rates start to fall and risking a boom/bust cycle, though it judged the financial…
The Malaysian currency has been buoyed by signs of a rebound in China, the nation’s largest trading partner The rally in Malaysia’s ringgit is likely to last given the nation’s favourable…
(Bloomberg) -- (This story was originally published on July 29, 2023. In September 2024, People’s Bank of China Governor Pan Gongsheng announced an unprecedented stimulus blitz to support…
SYDNEY (Reuters) - Long-delayed reforms to the Reserve Bank of Australia (RBA) faced a fresh setback on Monday as Greens lawmakers demanded the Labor government engineer a cut in interest…
