Featured US Fed seen holding rates steady Aya Anwar May 1, 2024 0 US Federal Reserve officials are set to wrap up their latest two-day policy meeting on Wednesday, featuring a fresh…
MENA News Gulf stock markets rise on strong earnings Nada Ali Apr 29, 2024 0 Stock markets across the Gulf region opened higher on Monday, buoyed by positive corporate earnings reports.
Featured Abu Dhabi raises $5b from eurobond market after 3-yr hiatus Aya Anwar Apr 24, 2024 0 Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
Money BoE rate futures to see first cut in August Aya El Sayed Apr 22, 2024 0 Interest rate futures were fully factored in on Monday in an initial quarter-point interest rate reduction by the…
Banks China holds rates steady despite positive economic data Nada Ali Apr 22, 2024 0 China's central bank maintained its wait-and-see approach, keeping benchmark lending rates unchanged at its monthly…
Featured ECB governors voice concern over interest rate forecast publication Aya El Sayed Apr 22, 2024 0 Governors of the European Central Bank (ECB) have expressed concerns over the idea of publishing their interest…
Banks Morgan Stanley, Deutsche Bank: ECB to make 75bps rate cut in ’24 Aya El Sayed Apr 16, 2024 0 Morgan Stanley and Deutsche Bank, anticipate a 75 basis point (bps) reduction in borrowing costs by the European…
Featured ECB rate cuts could exceed 3 in ’24 – Simkus Aya El Sayed Apr 15, 2024 0 The European Central Bank (ECB) is considering more than three interest rate cuts this year, according to…
Banks China’s c. bank keeps MLF rate unchanged Nada Ali Apr 15, 2024 0 The People’s Bank of China (PBC) maintained the medium-term lending facility (MLF) rate at 2.50 per cent on Monday,…
International News Asia factory activity slumps in March Nada Ali Apr 1, 2024 0 Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.