Tag: central
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Bond markets face fresh selling as oil prices jump, stocks cautious
LONDON, Aug 31 : Borrowing costs in the euro area and Japan hit their highest levels in years on Monday, as a 3 per cent jump in oil prices on the U.S. and Iran resuming military attacks added to angst about inflation that could keep central banks in rate-hike mode.World stocks were in a cautious…
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What next? Kurds say yes, Druze still say no to united Syria
The Druze minority in Sweida, Syria, is now the only group that hasn’t accepted central government authority. How does the end of an independent Kurdish area impact Druze plans for a different, divided kind of Syria?
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Fed has ‘work to do’ if price rises don’t ease for Americans, Warsh says
Kevin Warsh remarks suggest interest rates could be increased if policymakers think inflation is running too high.
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China removes ex-top general Zhang from Central Military Commission: State media
BEIJING: China on Friday (Aug 28) removed senior military officers Zhang Youxia and
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Exclusive-Sri Lanka central bank sees no need for further rate hikes this year, governor says
COLOMBO, Aug 11 – Sri Lanka’s central bank sees no need for more interest rate increases this year after its big, unexpected hike in May, with inflation expected to peak around current levels before easing back towards the 5 per cent target next year, Governor P. Nandalal Weerasinghe told Reuters on Tuesday.S
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Brazil central bank eyes expansion for Pix payment system as US trade scrutiny intensifies
BRASILIA, Aug 10 : Brazil’s central bank said on Monday it is assessing links between its popular instant payment system Pix and similar platforms abroad, in a more concrete push toward cross-border integration as the system comes under scrutiny from the U.S.In a report on Pix, which was recently cited by the
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Brazil tightens crypto transfers to curb fraud
SAO PAULO, Aug 7 : Brazil’s central bank said on Friday that some cryptocurrency transfers will have to be delayed by up to 24 hours under new anti-fraud rules.• The central bank said the move reflects the growing use of virtual assets, including stablecoins, to quickly move money obtained through financial
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BIS says AI boom risks clouding central banks’ inflation signals
LONDON, July 28 : The artificial intelligence boom could make it significantly harder for central banks to judge the state of the economy and set interest rates, as the technology simultaneously boosts both demand and supply, the Bank for International Settlements said on Tuesday. In a bulletin on the econom
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Malaysian economy on track for 4% to 5% growth, central bank governor says
KUALA LUMPUR, July 28 : Malaysia’s economy is on track to grow by between 4 per cent and 5 per cent this year despite the global energy supply shock from the Middle East conflict, its central bank governor said at a forum on Tuesday. • Economic growth will likely be towards the upper end of…
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Will gold prices extend their record-breaking run?
Predictions suggest the price of the precious metal will keep hitting new record highs as investors seek a safe bet in turbulent times. Some forecasts say prices could double within five years.
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