Why the Fed isn’t done raising interest rates yet
For the eighth time in a row, the US Federal Reserve has increased the federal funds rate. The target range…
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Taiwan central bank unexpectedly raises rates, cuts GDP forecast
TAIPEI: On Thursday, Taiwan’s central bank lowered its projection for the island’s economic growth this year and unexpectedly increased its…
US stocks tumble after Fed rate hike, concerns on economy
NEW YORK: Wall Street stocks fell on Wednesday as the US Federal Reserve raised rates again to combat inflation, warning…
Asian shares subdued after Fed hints at rate pause
SINGAPORE: Asian shares edged up on Thursday after the Federal Reserve signalled it could hold off on raising interest rates…
Sensex snaps 2-day rally, falls 290 points to close below 58,000
MUMBAI: On Thursday, the benchmark Sensex for Indian equities fell 290 points to close below the 58,000 level following a…
USD Index breaches 102.00 and drops to 7-month lows
The dollar continues to be on the back foot when measured by the Dollar Index (DXY), breaking below the 102.00…
GBP/USD Price Analysis: Refreshes day high around 1.2330 as USD Index dives further, BoE policy eyed
In the early European session, the GBP/USD pair has reached a new day high of 1.2330. As the Federal Reserve…
ECB’s Muller: The central bank should likely raise rates by a little
Madis Muller, a member of the Governing Council of the European Central Bank (ECB), stated on Thursday that “the ECB…
What are the latest advancements in the crypto mining industry and how might they shape the future of mining?
Recent years have witnessed considerable improvements in the crypto-mining sector, notably in terms of technology and sustainability. A fintech entrepreneur…
America’s banks are missing hundreds of billions of dollars
It is simple to comprehend how money is wiped out in a conventional bank run. Think of the “Mary Poppins”…