News

The increase in inflation in the eurozone in August underscored the economic blow caused by Russia's war in Ukraine and put greater pressure on the European Central Bank to act by sharply hiking interest rates the following week. Consumer prices...

Ahead of a rate-setting meeting on September 22, the governor of the Philippine central bank indicated on Sept. 2 that the size of a widely anticipated increase in US interest rates this month will be a large determinant in...

In the first half of 2022, Russia's banks collectively lost 1.5 trillion roubles (S$34.8 billion), according to a senior official at the Russian central bank who spoke with the RBC business newspaper on September 2. This is the first time...

The US dollar was going to have its third straight week of gains and was close to its highest level in 20 years compared to other major currencies. This was because investors were waiting for US jobs data, which...

According to the Bank of England, recent increases in energy prices, which are anticipated to be three times greater than they were a year ago, will push inflation even higher, to 13%. People's finances are being squeezed as a...

In order to upgrade the nation's rail system, the Romanian government and state railroad firm CFR have obtained a €1.7 billion credit from the European Union.The Caransebes-Timişoara-Arad railway line will reportedly be one of up to 162 kilometres of...

The acquisition of NextCapital Group by The Goldman Sachs Group has been finalised, according to the company's announcement. Through customised managed accounts and digital guidance, the decision expedites Goldman Sachs' service development to the expanding defined contribution (DC) retirement...