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Search Result for “currency”

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GENERAL

Singapore expected to ease currency settings on tariff risks

Bloomberg News, Published on 11/04/2025

» Singapore’s central bank is expected to ease monetary policy settings further, days after United States President Donald Trump unleashed the steepest tariffs in a century, threatening to disrupt global trade and sparking risk of retaliation.

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GENERAL

Citigroup mistakenly credits customer account $81 trillion

Reuters, Published on 28/02/2025

» BENGALURU — Citigroup erroneously credited US$81 trillion, instead of $280, to a customer's account and took hours to reverse the transaction, a "near miss" that shows up the bank's operational issues it has sought to fix, the Financial Times (FT) reported on Friday.

BUSINESS

China and Japan data, fed worries depress stocks

Business, Published on 14/09/2015

» Recap: Global stock markets sagged last week on concerns about the economies of China and Japan after their disappointing economic data. Investors also unloaded equities ahead of the US Federal Reserve's much-awaited meeting this week, even though expectations of an interest-rate rate increase appear to have receded for now.

ADVANCED NEWS

Economic growth forecasts down

Jon Fernquest, Published on 23/08/2011

» Negative Tsunami effect, oil prices and inflation picking up pace, improved automobile, electronic exports and tourism may push growth up at end of year.