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Last week, the Bank of Canada ("BOC") became the first G7 central bank to cut their overnight policy rate. After plateauing at 5.0% since July 2023, the BOC cut their rate by 25 basis points to 4.75%.
(Reuters) -Hong Kong arm of China's second-largest fund firm China Asset Management (ChinaAMC) on Thursday rolled out the world's first renminbi-denominated tokenised money fund. This is the first ...
On Monday, the city-state reported preliminary growth of 4.3% for the second quarter compared to a year earlier, pegged to ...
Malaysia's central bank cut interest rates for the first time in five years on Wednesday, as global trade uncertainties ...
Indian authorities are exploring steps to create more, larger and stronger banks to fund what is expected to be one of the ...
The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV show.
Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, the central bank umbrella body, Bank for International Settlements, said in its latest ...
The Bank of England (BOE), which was established in 1694, is the oldest central bank in the world. It has been the model on which most modern central banks have been based.
One hundred and fourteen countries are exploring digital currencies, and their collective economies represent more than 95% of the world’s GDP, according to the Atlantic Council’s Central Bank ...
Bank of England Cuts Rates After Fed Stands Pat U.K. Inflation Eases as Tariff Turmoil Pushes Bank of England Toward Rate Cut Global Central Banks Wrestle With Slowing Growth, Stubborn Inflation ...
Singapore's economic growth is likely to slow in the second half of the year despite a better-than-expected performance in ...
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