World Trade

Litwiniuk of the MPC says that the Polish budget could make it harder to control inflation.

Warsaw (Reuters) – Przemyslaw Litwiniuk, a member of the Monetary Policy Council (MPC), said on Saturday that it will be…

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Investors bet that the Bank of Canada will lead the G7 in moving rates to neutral.

Toronto- Strategists say that as Canada’s economy heats up, the Bank of Canada is likely to be one of the…

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“Misery Indexes” with rising columns dare central banks to blink: Mike Dolan

London (Reuters) – It’s Friday the 13th, and the value of the world’s stock markets has dropped by more than…

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The US dollar hit an all-time high at Rs 191 in interbank trading.

KARACHI : Amid persistent instability in the country, the Pakistani rupee continued to drop against the US dollar in the…

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Earnings at Commerzbank are rising as the risk of a Russian crisis grows.

Despite making preparations to prevent risks from Russia during the invasion of Ukraine, Commerzbank, Germany’s second-largest lender, revealed Thursday that…

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Cathay Pacific’s cash-burn target has been lowered in half as Hong Kong relaxes regulations.

(Reuters) – Cathay Pacific Airways (OTC:CPCAY) Ltd of Hong Kong dramatically reduced its cash-burn goal for the next several months…

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The Polish government is unlikely to require banks to hike deposit rates, according to mBank.

WARSAW, Poland (Reuters) – According to mBank CEO Cezary Stypulkowski, interest rates on deposits kept in Polish banks will rise…

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All Exxon Mobil director candidates have the support of proxy adviser ISS.

BOSTON – Top proxy adviser Institutional Shareholder Services has advised investors to vote for all Exxon Mobil Corp. director candidates…

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Positive corporate news boosts sentiment in Europe, sending stocks higher.

European stock markets rose on Tuesday, rebounding from a widespread selloff as investors sought bargains, while increasing interest rates and…

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Fears about global growth drive the Australian dollar to a near two-year low.

HONG KONG, the Australian dollar sank to its lowest level in over two years versus the US dollar, and other…

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