China’s central bank, the People’s Bank of China (PBOC), has announced the expansion of its monetary policy tools by introducing an outright reverse repurchase agreements (repos) facility. This monthly tool will allow banks and non-bank institutions to borrow against sovereign, local government, and corporate bonds, with agreements set to last…
Gold prices were under pressure on Monday as the dollar and US Treasury yields rose, denting demand for the…
Germany’s economy, which is considered the heart of Europe, is showing troubling signs of decline. Once celebrated for its…
China’s gold consumption slipped more than 11% on a year-on-year basis for the January-September period due to higher prices. …
US benchmark equity averages rose on Friday as the market ended a three-day losing streak. At the time of…
The US Federal Trade Commission (FTC) has recently blocked Tapestry’s $8.5 billion acquisition of Capri Holdings, bringing Chair Lina…
The Venezuelan government, under Nicolás Maduro, expressed its deep discontent on Thursday following Brazil’s decision to block its admission…
US benchmark equity averages were mixed on Thursday, but S&P 500 index rose slightly led by gains in Tesla…
In an unexpected move, the Bank of Russia has announced a significant hike in its key interest rate, indicating…