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Banks
US retail sales remain stagnant in April
US retail sales remained stagnant in April unexpectedly, as elevated gasoline prices diverted consumer spending…
Eurozone mortgages manageable amid high rates – ECB
The European Central Bank (ECB) reported on Wednesday that stress in the eurozone home loan market is "manageable"…
ECB urges new regulations for AI in finance
The European Central Bank (ECB) is calling for a close watch on the use of artificial intelligence (AI) in finance.…
Lebanon’s GDP to grow by 0.2% in ’24 – report
Lebanon's economy is projected to experience minimal growth in 2024, at a sluggish 0.2 per cent.
EBRD forecasts stable growth for Morocco in ’25
The European Bank for Reconstruction and Development (EBRD) anticipates a positive economic performance in Morocco,…
EBRD: Egypt’s GDP to grow 3.9 in ’24, 4.4% in ’25
Egypt’s economy will grow by 3.9 per cent in 2024, and 4.4 per cent in 2025, the European Bank for Reconstruction…
China’s c. bank collects $17.3b in MLF loans
China's central bank rolled over 125 billion-yuan ($17.3 billion) in maturing medium-term lending facility (MLF)…
Argentina slashes rates amid inflation concerns
Argentina has slashed its benchmark interest rate for the sixth time aiming to combat inflation while reducing the…
China holds rates steady despite calls for stimulus
China's central bank maintained its key interest rate on Wednesday, defying expectations for a cut in the face of a…
UK wage growth exceeds expectations, signals cooling
British wage growth surpassed expectations according to data released on Tuesday, but other indicators hinted at a…
