Fed’s FOMC leaves interest unchanged
The Federal Reserve left interest rates untouched at 5-1/4 to 5-1/2 per cent, according to the Federal Open Market…
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Federal Reserve
Egypt away from sovereign default
Egypt is far from failure to meet its financial obligations, as the pessimism priced into the nation’s dollar bonds…
Dollar gains before Fed rates decision
The dollar headed for its biggest monthly gain since September as Federal Reserve is expected to take decision…
Asian stocks subdued as China property sector worries weigh on
Stocks in Asia fell on Tuesday, hurt by the court-ordered liquidation of property giant China Evergrande and ahead…
Oil rises in early Thursday trade
Oil prices rose in early Thursday trade. Brent crude rose by 0.77 per cent, or 0.59 cents to trade at the price of…
Oil prices rise in early Tuesday trade
Oil prices rise by more than 1 per cent in early Tuesday trade. Brent Crude rose by 1.14 per cent or 0.86 cents, to…
S. Arabia borrows $12bln in bonds
Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a…
Wall Street ends mixed in shortened Black Friday trading
U.S. stocks closed with a little change in holiday-shortened trading on Friday, with low volume and conviction.
China’s exports up 8.5% in April
Chinese exports grew by 8.5 percent in April and reached $295.4 billion, according to customs data announced on…
U.S. unemployment claims rise
U.S. Labor Department reported on Thursday applications for unemployment benefits increased by 5,000 last week.