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Johannesburg, South Africa South Africas central bank cut its benchmark interest rate for the first time since 2020 on Thursday, joining other nations in reducing borrowing costs as inflation eases. Central banks worldwide hiked rates after inflatio
The Indian central bank is likely selling US dollars on Friday, October 11, 2024, to support the rupee as the currency was pinned near its record low amid worries about elevated oil prices and outflows from local equities, four traders tells Reuters
BEIJING: China's central bank governor said on Friday (Oct 18) the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on liquidity conditions, keeping the door open to more policy
SINGAPORE: The central committee of the National Trades Union Congress (NTUC) only knew about the capital reduction plan in the proposed deal between Income Insurance and Allianz when it was announced in parliament, said deputy secretary-general Des
Courtesy of Miami Central During their time together in high school, they were one of the most prolific quarterback and receiver tandems in Miami-Dade County. They took this to the next level together at Marshall University. And lately, former Miami
HONG KONG: China's central bank said on Thursday (Oct 10) it would start accepting applications from financial institutions to join a newly created funding schemebetinm, initially worth 500 billion yuan (US$70.62 billion), to aid the capital market.
ANAMIZU: Floods and landslides left one dead and at least six missing in central Japan, with rescue and recovery teams at work on Sunday (Sep 22) in a remote peninsula already devastated by a major earthquake earlier this year. "Unprecedented" heavy
Central Government Sanctions ₹6,585 Crore For Seven National Highway Projects In Andhra Pradesh Central Government Sanctions ₹6,585 Crore For Seven National Highway Projects In Andhra Pradesh The recent approval of ₹6,585 crore by the Central govern
The Bank for International Settlements (BIS) has called on central banks to embrace artificial intelligence (AI) in anticipation of its significant impact on the economy and financial system. In a pre-released chapter of its upcoming Annual Economic
Bank of Russia Governor Elvira Nabiullina reiterated the regulator’s belief that the digital ruble, Russia’s central bank digital currency (CBDC)win3799, will achieve widespread adoption within the next five to seven years. Nabiullina sa