Showing 1-10 of 311 results
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Lloyds profits surge as bank builds on recovery
AFP, Published on 21/02/2018
» LONDON: Lloyds Banking Group on Wednesday said that its net profit soared 52% last year, when the UK lender returned fully to the private sector following a state bailout.
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Gold demand jumps 15% in Q2 amid global turmoil
Business, AFP, Published on 12/08/2016
» London: Demand for gold soared in the second quarter as investors sheltered from global turmoil including Brexit, the World Gold Council said yesterday.
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Asia stocks up in New Year trade
AFP, Published on 02/01/2015
» HONG KONG — Asian markets started 2015 on an upswing in limited trading on Friday, with mainland Chinese stocks surging in Hong Kong on speculation Beijing may ease monetary policy to boost slowing growth.
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US Fed cuts key interest rate a quarter point, citing 'uncertainties'
AFP, Published on 19/09/2019
» WASHINGTON: The US Federal Reserve cut its benchmark interest rate for the second time this year on Wednesday but the policy committee is divided, with three of the 10 voting members dissenting.
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US Fed lowers key interest rate a third time
AFP, Published on 31/10/2019
» WASHINGTON: The US Federal Reserve cut its benchmark interest rate for the third straight time on Wednesday, but the central bank remains divided, with two of the 10 voting members dissenting.
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Britain delivers second interest rate hike in over a decade
AFP, Published on 02/08/2018
» LONDON: The Bank of England hiked interest rates Thursday by a quarter-point to 0.75% to help tame high inflation, and upgraded its 2019 economic growth forecast despite investor fears of a chaotic Brexit.
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US Fed raises key interest rate amid stronger growth outlook
AFP, Published on 22/03/2018
» WASHINGTON: The Federal Reserve on Wednesday raised the key lending rate for the first time this year to its highest level in a decade, citing a stronger outlook for US economic growth.
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Fed pauses interest rate hikes but signals more tightening ahead
AFP, Published on 15/06/2023
» WASHINGTON: The United States Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes despite "elevated" inflation, while indicating a sharp increase could be needed before the end of the year.
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Argentina ramps interest rate to 97% as inflation soars
AFP, Published on 16/05/2023
» BUENOS AIRES: Argentina's central bank hiked its base interest rate Monday by six points to 97% as the government prepares to announce a spate of measures to tackle soaring inflation ahead of October's general election.
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Thailand cuts interest rate on protests
AFP, Published on 12/03/2014
» The Thai central bank reduced its official policy interest rate to the lowest level in three years on Wednesday, saying it would help boost the economy in the face of a protracted political crisis.
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