News

As a result of rising commodity prices and a depreciating yen, businesses in Japan are progressively forcing price increases onto consumers at a rate that hasn't been seen in decades. According to information issued by the Bank of Japan (BOJ)...

According to regulatory data and bond market groups, foreign investors sold $5.08 billion worth of bonds from Indonesia, Thailand, Malaysia, South Korea, and India last month. Since March, this was the biggest monthly outflow. A rise in U.S. yields...

Through its largest pipeline, Nord Stream 1, Russia has resumed pumping gas to Europe after a 10-day maintenance pause. Last year, 40% of Europe's natural gas came from Russia. In 2020, Germany was the continent's biggest importer, and analysts...

As gasoline and food costs continue to rise, UK inflation reached a fresh 40-year high in June, according to official figures released on July 20th. According to a statement from the Office for National Statistics, the Consumer Price Index...

A public awareness media campaign has been launched by the ABA and collaborating ABA member banks to aid in defending clients against the rising threat of frauds. When making payments through online and mobile banking, users are urged to...

Bank of America Corp. was fined $225 million by federal regulators for improperly processing the disbursement of unemployment benefits and other state assistance during the height of the pandemic. Customers who were improperly denied access to their unemployment benefits were...

Australia announced that it would evaluate its central bank, including whether the emphasis on inflation targeting is appropriate, after authorities came under fire for acting too slowly in the face of escalating pricing pressure. The Reserve Bank of Australia...