Saudi to convert state real estate fund into bank
Saudi Arabia plans to convert a state-owned housing fund into a bank, the latest in a string of reforms to the…
Browsing Tag
Policy
Central Bank’s FX Policy Wins Presidential Backing
Egyptian President Abdel-Fattah El-Sisi urged his government to cut back on imports, backing the central bank’s…
India cuts policy interest rate by bigger-than-expected 50 bps
The Reserve Bank of India cut its policy interest rate to a 4-1/2 year low of 6.75 percent on Tuesday, in a…
Global stocks fall after Fed holds rates steady
Stocks on major markets slipped on Friday and bond prices rose, pushing yields sharply lower, after the U.S.…
Dutch plan tougher asylum policy as migrants flock to Europe
As Europe grapples with its biggest wave of migration since World War Two, the Netherlands is about to toughen its…
Bank of Japan stands pat as Inflation Weakens
The Bank of Japan left its policy unchanged Thursday, sticking to the view that Japan is still on track to achieve…
Dollar falls versus Yen after BOJ Inaction
The dollar fell against the yen in Asia on Thursday, after the Bank of Japan left policy unchanged, disappointing…
Asian Shares edge off Seven-year highs as Fed awaited
Asian stocks pulled back from a seven-year peak scaled on Tuesday as sentiment gave way to caution ahead of the…
Obama Says Netanyahu’s Iran Speech Contains ‘Nothing New’
US President Barack Obama has reacted scathingly to a speech by the Israeli prime minister that castigated his…
India makes surprise rate cut, citing softening inflation
The Reserve Bank of India announced a surprise interest-rate cut Wednesday, trimming its policy repurchase rate by…
