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ECB rate cut ‘conceivable’ this month – Holzmann
European Central Bank (ECB) policymaker Robert Holzmann stated that a 25 basis point interest rate cut is…
S. Korea’s c. bank moves to stabilise financial, FX markets
The Bank of Korea (BOK) will provide liquidity to stabilise financial and foreign exchange markets through…
China’s PBC offers 41.3b yuan off reverse repo
People’s Bank of China (PBC) announced on Wednesday a seven-day 41.3 billion-yuan reverse repo at an interest rate…
S&P Global: Qatar’s non-energy sector grows in Nov. ’24
Qatar's non-energy private sector showed robust growth in November, with the Purchasing Managers’ Index (PMI)…
BoE urges hedge funds to adhere to FX global code
The Bank of England (BoE) may soon pressure hedge funds and trading venues to adopt the FX Global Code of Conduct,…
IMF: Qatar’s economy rebounds in ’24
Qatar’s economy is set to grow by 2 per cent in 2024, rebounding from the post-World Cup slowdown, with the…
El-Erian warns of ‘Japanification’ of China
US financial expert Mohamed El-Erian has warned of the 'Japanification' of China, as the yield on China's 10-year…
EU, EIB support Europe’s battery manufacturing with €3b
The European Commission and the European Investment Bank (EIB) unveiled on Tuesday a €3 billion partnership to…
Egypt’s c. bank joins PAPSS to boost intra-African trade
The Central Bank of Egypt (CBE) approved joining the Pan-African Payment and Settlement System (PAPSS) in November…
ADB approves $173m for Cambodia’s climate-resilient Water
The Asian Development Bank (ADB) has approved $173 million in loans and grants to bolster climate-adaptive water…