Showing 1 - 10 of 665
Gold price hits record high
Published on 05/03/2024
» The price of gold reached an all-time high on Tuesday, lifted by its safe-haven status as investors look ahead to lower US interest rates later this year.
Stock markets mixed as trading year nears end
AFP, Published on 29/12/2023
» NEW YORK - Global stocks were mixed Thursday on the penultimate trading day of 2023, while oil prices fell on easing worries about shipping disruptions in the Red Sea.
Global stocks mostly rise as ECB, BoE press pause after Fed pivot
AFP, Published on 15/12/2023
» NEW YORK - Global equities mostly rose Thursday as the ECB and Britain pressed pause on rates after the Fed had sent Wall Street soaring on a pivot toward interest rate cuts next year.
Stocks diverge at start of key week for rate calls
AFP, Published on 11/12/2023
» LONDON - Stock markets diverged on Monday ahead of a busy week for interest rate decisions from major central banks.
US economic uncertainty means bigger 'Black Friday' discounts
AFP, Published on 24/11/2023
» NEW YORK - The retail sector's efforts to entice holiday gift purchases builds to a crescendo this weekend with the annual "Black Friday" shopping day followed by the newer "Cyber Monday."
US Fed keeps interest rates at 22-year high
AFP, Published on 02/11/2023
» WASHINGTON - The US Federal Reserve voted Wednesday to hold interest rates at a 22-year high for a second straight meeting, as it moves to slow stubborn inflation without damaging the strong economy.
Bank of England pauses interest-rate hikes
AFP, Published on 21/09/2023
» LONDON - The Bank of England on Thursday held interest rates steady, snapping 14 straight hikes following a surprising slowdown in UK inflation and one day after the US Federal Reserve also hit the pause button.
OECD sees 'sub-par' global growth as high rates bite
AFP, Published on 19/09/2023
» PARIS - The OECD raised its global economic outlook for 2023 on Tuesday but cut the growth forecast for next year as interest-rate hikes aimed at curbing inflation take their toll.
Interest rate cliffhanger as ECB mulls hike or pause
AFP, Published on 14/09/2023
» FRANKFURT (GERMANY) - Eurozone interest rate setters face the toughest call of their long battle against red-hot inflation Thursday, when they decide whether to raise borrowing costs again or finally pause the unprecedented hiking campaign.
US Fed official calls for increase to bank capital requirements
AFP, Published on 10/07/2023
» WASHINGTON - A senior Federal Reserve official has proposed raising capital requirements for large and mid-sized US banks as part of a "comprehensive" series of measures to tighten banking regulation and supervision.