The British government on Thursday confirmed plans to reform rules governing money market funds, a sector that has remained under close regulatory scrutiny since the market turmoil of March 2020.The reforms come after money market funds faced heavy redemptions and liquidity pressures during the COVID-19-induced dash for cash, which exposed…
India’s retail inflation accelerated to 3.48% in April from 3.40% in March, driven mainly by higher food prices, government…
US consumer inflation accelerated to 3.8% in April, marking its highest annual increase since May, 2023 as rising energy…
Private credit funds have marked down more than a tenth of their loans by at least 50%, according to…
The US Senate on Tuesday confirmed Kevin Warsh to a 14-year term as a governor at the Federal Reserve.…
Global markets faced renewed uncertainty on Monday after US President Donald Trump said the ceasefire with Iran was on…
Indian banks have resumed imports of gold and silver after a disruption lasting more than a month, following their…
China’s consumer and producer prices rose more than expected in April, offering fresh evidence that price pressures are beginning…
The pound struggled to extend gains against the dollar on Monday, with GBP/USD failing to build on a modest…