Central Bank

Bank of Canada expected to push interest rates into restrictive territory

The Bank of Canada is widely expected to deliver yet another oversized interest rate hike next week, lifting its policy…

3 years ago

Ukraine economy could grow by 15.5% in 2023 after deep fall – minister

Ukraine's economy should stabilise over the coming year and expand by as much as 15.5% in 2023, depending on military…

3 years ago

Ghana delivers biggest rate hike ever at emergency meeting

Ghana's central bank on Wednesday delivered its biggest rate hike ever, a 300 basis point increase to 22%, at an…

3 years ago

Dollar gains as markets reassess Fed rate hike bets

The dollar edged higher in early London trading on Friday, after hawkish comments from U.S. Federal Reserve officials pushed against…

3 years ago

Swiss National Bank posts record H1 loss, says no policy impact

The Swiss National Bank (SNBN.S) reported a first-half loss of 95.2 billion Swiss francs ($100.08 billion) on Friday, the biggest six-month loss…

3 years ago

Russian rouble weakens as market takes stock of rate cut

The Russian rouble weakened in jittery Moscow trade on Monday, adjusting to the central bank's decision to slash interest rates…

3 years ago

China plans real estate fund worth up to $44 billion for distressed sector, source says

China will launch a real estate fund to help property developers resolve a crippling debt crisis, aiming for a warchest…

3 years ago

Exclusive: Citi, Raiffeisen, other foreign banks seek staff in Russia as they struggle to exit

Russian divisions of foreign banks, such as Citi and Raiffeisen Bank International (RBIV.VI), have started looking for staff this month after…

3 years ago

Global equity funds post third weekly outflow on slowdown fears

Global equity funds faced a third straight week of outflows in the week to July 12 on concerns over the…

3 years ago

Recession fears creep into ECB thinking at summer conference

European Central Bank policymakers put on a brave face at their annual gathering in the hills above the Portuguese capital…

3 years ago