Commodities Gold gleams despite rate hike expectations Nada Ali Apr 18, 2024 0 Gold prices climbed on Thursday, defying expectations of pressure from rising US interest rates.
Feature US data lifts dollar, yen weakens Nada Ali Apr 16, 2024 0 The US dollar strengthened against major rivals on Tuesday, reaching a five-month high against the pound and euro,…
Feature European banks seek ‘strategic’ status Aya El Sayed Apr 16, 2024 0 European banks are urging the European Union (EU) to classify them as a strategic sector, warning that their…
Feature Spain’s inflation hits 3.2% in Feb Aya Anwar Mar 27, 2024 0 Spain's inflation surged in March amid the government's gradual removal of support measures, initially aimed at…
Feature SWIFT to unveil CBDC platform within 2 years Aya El Sayed Mar 26, 2024 0 SWIFT, the global bank messaging network, is set to launch a platform within 1-2 years to integrate the emerging…
Money Swiss c. bank likely to cut rates Aya Anwar Mar 20, 2024 0 A small group of banks anticipate that Switzerland's policymakers will defy predictions and decrease interest…
International News Morgan Stanley raises MSCI Europe’s ’24 index target on AI boom Nada Ali Feb 27, 2024 0 Morgan Stanley raised its year-end target for the MSCI's European index on Tuesday, citing the positive impact of…
Money ECB holds key rates steady Yomna Yasser Dec 14, 2023 0 The European Central Bank (ECB) has on Thursday left key rates unchanged following the December policy meeting.
Money European Central Bank keeps interest rates unchanged after 10 consecutive hikes Yomna Yasser Oct 26, 2023 0 The European Central Bank (ECB) ended its marathon of interest rate hikes on Thursday, after it decided to keep key…
Banks UBS acquires Credit Suisse for $3.25 billion Norhan Adel Mar 20, 2023 0 The Swiss National Bank announced on Sunday in a statement that UBS is taking over Credit Suisse for $3.25 billion.