Sterling rises as July inflation hits 18-month high
The pound sterling edged higher against the dollar and euro on Wednesday after UK inflation data for July showed…
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interest rates
NZ’s c. bank cuts OCR by 25 bps
New Zealand’s Monetary Policy Committee on Tuesday reduced the Official Cash Rate (OCR) by 25 basis points to 3 per…
Asia-Pacific stocks dip on Fed rate bets
Most Asia-Pacific markets declined on Thursday as investors anticipated a rate cut by the US Federal Reserve in the…
Asia markets rise on soft US inflation
Asia-Pacific markets closed higher, following Wall Street's gains on positive US inflation data, fueling…
Australia cuts cash rate as inflation eases
The Reserve Bank of Australia (RBA) lowered its cash rate target by 25 basis points to 3.60 per cent at its meeting…
Sterling extends gains on Tuesday
The pound sterling extended gains for a fourth session on Tuesday, climbing to its strongest level against the euro…
Sterling steady ahead of UK jobs, growth data after rate cut
The pound steadied Monday after briefly touching its strongest level in more than two weeks against the dollar,…
Factories at Crossroads: Egypt’s industrial sector between optimism, crisis
Over the past decade, Egypt has undergone sweeping economic changes, with industry positioned as a cornerstone of…
Sterling steady on Wednesday, markets await rate cut
The pound sterling traded largely unchanged on Wednesday as markets awaited the Bank of England’s upcoming policy…
India’s c. bank holds repo rate to curb inflation
The Reserve Bank of India (RBI) has kept its policy repo rate unchanged at 5.50 per cent.