Armed Forces renovates bombed Cairo church ahead of Coptic Christmas
The Egyptian army has completed the renovation of a church in central Cairo that was the scene of a bomb attack…
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Two blasts in central Baghdad kill at least 25: police, medics
Two bombs exploded at a busy market in central Baghdad on Saturday, killing at least 25 people and wounding more…
China, Egypt sign 3-yr 18bn yuans bilateral currency swap
China's central bank has signed an 18 billion yuan ($2.62 billion) three-year bilateral currency swap with Egypt's…
BOJ policymaker pledges to maintain huge bond buying
Bank of Japan board member Makoto Sakurai said the central bank will continue to buy massive amounts of government…
CBE agrees $2 billion repurchase deal with global banks
Egypt's central bank has agreed terms for $2 billion in financing from international banks, it said in a statement…
Egypt’s central bank will offer $120 million in regular auction
Egypt will sell $120 million on Tuesday in its regular weekly dollar auction, central bank data showed. Speculation…
BOJ’s Funo dismisses idea of central bank buying foreign bonds
Bank of Japan board member Yukitoshi Funo said it would infringe on the government's jurisdiction over currency…
CBE provides 10-year interest-free loan to 3 major banks
The Central Bank of Egypt (CBE) on Wednesday provided an interest-free loan to three major banks, including the…
Asia stocks hold gains before Yellen speech, dollar firm
Asian stocks edged higher on Thursday but clung to recent well-worn trading ranges while the dollar held firm…
Dollar edges up, as investors wait on Fed, Jackson Hole
The dollar edged up on Wednesday, moving off lows touched against the yen overnight, as markets looked to a…
Quake devastates mountain towns in central Italy, at least 10 believed killed
A strong earthquake devastated a string of mountainous towns over a swathe of central Italy early on Wednesday,…
Dollar dips vs yen, kiwi lifted by RBNZ’s rate view
The dollar dipped against the yen on Tuesday, while the New Zealand dollar rose after the nation's central bank…
BOJ may apply ‘fintech’ to its operations in future: Kuroda
Bank of Japan Governor Haruhiko Kuroda said the central bank may apply financial technology, or "fintech," to its…
Asian shares drop, dollar gains as investors await Fed hike signal
Asian shares slipped on Monday, while the dollar lifted off last week's lows on expectations a signal might emerge…
New Indian central bank head’s arduous task: getting banks to lower rates
One of the biggest challenges for India's incoming central bank chief is a problem he and his predecessor have long…
China central bank: yuan’s global acceptance to be driven by market
The internationalization of the yuan has exceeded people's expectations and its global acceptance will be driven by…
Mexico central bank seen holding key rate as peso stabilizes
Mexico's central bank is expected to hold its key interest rate steady on Thursday after a sharply depreciated…
India’s implementation of CPI target to aid inflation fight: Moody’s
India's decision to formally implement its central inflation target of 4 percent can help moderate future price…
China’s July forex reserves fall to $3.20 trillion
China's foreign exchange reserves fell to $3.20 trillion in July, central bank data showed on Sunday, in line with…
Nikkei’s gains unravel, sheds 2 pct on week as stimulus disappoints
Japan's Nikkei share average gave up early gains and ended lower on Friday, capping a week marred by a…
‘Mental health was a factor in London horrific attack.’: London police
A woman was killed and five other people injured by a man with suspected mental health issues who went on a…
European bank rebound not enough to save world stocks from further losses
World stocks fell for a third straight day on Wednesday, depressed by growing nervousness surrounding central bank…
CBE stabilises US dollar exchange rate, confuses dollar holders once again
The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate against the Egyptian pound at EGP 8.78 in…
Don’t panic, Nigerian central bank governor says, as bank shake-out looms
Breaking the central bankers' taboo on use of the 'p-word', Nigeria's Godwin Emefiele is urging people not to panic…
Greek central bank head sees primary surplus at 1.3% of GDP
Greece's central bank forecasts the country will post a primary surplus of 1.3 percent of gross domestic product…
PM Abe’s plan for $265 billion stimulus puts pressure on BOJ to ease
Japan's prime minister unveiled a surprisingly large $265 billion stimulus package on Wednesday to reflate the…
Eyes on Fed, BOJ, Europe’s bank stress test
Central banks from Washington to Tokyo take center stage next week, although policymakers are likely to remain…
Indonesia central bank seen cutting key rate again to try to spur growth
Indonesia's central bank on Thursday is expected to make its fifth policy rate cut this year as it tries to help…
Dollar slips vs yen on profit-taking; kiwi tumbles
The dollar sagged against the yen on Tuesday as investors took profit after its recent rally, while the kiwi was…
Global stocks hit eight-month highs ahead of BoE Brexit response
World shares hit an eight-month high on Thursday as the Bank of England prepared to deliver its Brexit defense…
Dollar falls vs safe havens as risk appetite fades
The U.S. dollar fell on Wednesday as risk appetite receded after big moves earlier in the week and following the…
China C.bank to inject 30 billion yuan via seven-day reverse repos
China's central bank will inject 30 billion yuan ($4.49 billion) into money markets through seven-day reverse bond…
S&P 500 hits fresh record high
The S&P 500 .SPX touched a fresh all-time high at the open on Tuesday, helped by the prospects of central banks…
New Czech c.banker sees wage growth enabling end of currency floor in 2017
Czech wage growth will accelerate into next year, pushing up prices and allowing the currency to be unpegged from…
Egypt’s CBE says M2 money supply ups 18.8 pct in May
Egypt's M2 money supply was up 18.8 percent at the end of May from a year earlier, the central bank said on its…
Egypt’s CBE says M2 money supply ups 18.8 pct in May
Egypt's M2 money supply was up 18.8 percent at the end of May from a year earlier, the central bank said on its…
Egypt’s tourism revenues slumped 40.5 pct in 9 months
The Central Bank of Egypt (CBE) revealed that Egypt’s tourism revenues retreated 40.5% or $2.2 billion in the last…
Floods in China kill almost 130, wipe out crops
Severe flooding across central and southern China over the past week has killed almost 130 people, damaged more…
Aussie dollar recovers from shaky start as calm returns to currency markets
The Australian dollar recovered from a wobbly start caused by political uncertainty on Monday, as stocks and…
Egypt’s current account deficit almost doubled in first nine months of 2015/16
Egypt's current account deficit almost doubled in the first nine months of 2015/16 to $14 billion from $8 billion…