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ECB’s Kazaks: cautious approach needed for rate cuts
The European Central Bank (ECB) should approach rate cuts cautiously to avoid a resurgence in inflation, advised…
IMF expects China to reschedule Argentina’s $18b debt repayments
The International Monetary Fund (IMF) expects China to reschedule payments on a portion of its $18 billion swap…
Japan’s wholesale price inflation soars in May – data
Japan's wholesale inflation surged in May, marking its sharpest increase in nine months.
World Bank raises global growth forecast
The World Bank revised its global economic outlook upwards, now projecting a 2.6 per cent expansion in 2024,…
Egypt’s banks off from June 16 to 23
The Central Bank of Egypt (CBE) announced on Tuesday a suspension of banking operations across the country in…
NDB’s president vows support for Egypt
Dilma Rousseff, President of the New Development Bank (NDB), reaffirmed the bank's commitment to supporting Egypt's…
BRICS New Development Bank forum opens in Cairo
The NDB held its first forum in Cairo's New Administrative Capital, with Egyptian President Abdel Fattah al-Sisi in…
ECB targets 2% inflation by next year – Villeroy
The European Central Bank (ECB) aims to bring inflation back to its 2 per cent target by next year, despite…
Philippines c. bank remains open to rate cuts
BSP Governor Eli Remolona is prepared to cut interest rates in August, despite recent inflation.
Eurozone banks still behind on provisions standards – ECB’s Buch
Many eurozone banks are still falling short of meeting new accounting standards on provisions, despite some strides…
