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ECB stresses flexibility in rate cuts amid inflation concerns
European Central Bank (ECB) officials emphasised the need for flexibility in determining the pace of interest-rate…
Israel’s budget deficit hit approx. $2.34b in Sept
Israel's Finance Ministry reported a significant budget deficit of 8.8 billion shekels (approximately $2.34…
European banks turn to AI for cost cutting
European banks are increasingly deploying artificial intelligence (AI) tools to cut staff costs, with Italian…
China’s PBC auctions 150b yuan off reverse repos
People’s Bank of China (PBC) announced on Thursday a seven-day 150 billion-yuan reverse repo at an interest rate of…
EIB, Intesa Sanpaolo unlock €8b EU wind power investments
The European Investment Bank (EIB) and Italy's Intesa Sanpaolo launched on Thursday a new initiative to unlock up…
IFC lead $435m investment to modernise Ukraine’s telecom sector
The International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD), with…
World Bank raises growth outlook for S. Asia to 6.4%
The World Bank (WB) revised on Thursday its growth forecast for South Asia upward to 6.4 per cent from earlier…
Philippine’s FDI inflows rise 5.5% in July ’24
Philippine's foreign direct investment (FDI) net inflows rose by 5.5 per cent year-over-year in July 2024, reaching…
Japan’s wholesale inflation accelerates in Sep. ’24
Japan's wholesale prices continued to rise in September 2024, albeit at a slower pace than in previous months.
World Bank raises $270m in Swedish krona bond
The World Bank has issued a 10-year Swedish krona-denominated benchmark bond, raising SEK 3 billion (approximately…
