News

Though the US dollar continues to hold the lion’s share of global reserves at 46 per cent, gold’s share has risen to 20 per cent, surpassing the euro, which now accounts for 16 per cent of reserves.
Russian minister Maxim Reshetnikov has warned that the country's economy was teetering "on the brink of recession".
"While the war between Israel and Iran can always escalate, conflicts are not usually a sustained bullish price driver." ...
Goldman Sachs projects gold to $3,700 by end‑2025 and $4,000 mid‑2026, citing central bank buying and ETF flows as catalysts.
The National Assembly Standing Committee on Finance has approved major tax reforms under the Finance Bill 2025, including a 1% tax on non-filers' bank withdrawals, higher taxes on mutual funds and ...
Fed policymakers left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%, where it has remained since ...
The National Assembly Standing Committee on Finance has approved major tax reforms under the Finance Bill 2025, including a 1% tax on non-filers' bank withdrawals, higher taxes on mutual funds and ...
The Bank of Ghana (BoG) has terminated the contract of over 100 employees who were hired in 2024 before the New Patriotic ...
The world’s largest 65 banks committed $869 billion in 2024 to companies in the fossil fuels sector, up from $707 billion in ...
Ukraine’s central bank was skillful in both responding to the economic shock of Russia’s invasion and to its aftermath, the Bank of England governor said on a visit to Kyiv.
Indian money parked in Swiss banks more than tripled in 2024 to nearly Rs 37,600 crore on the back of a huge jump in funds held through local branches and other financial institutions.
Swiss National Bank President Martin Schlegel said cutting interest rates below zero is a more significant move than a ...