Sterling is the best performing G10 currency this year
Sterling is up by more than 3% against the dollar since the start of the year, notching a 10-month high...
archiveeconomy
IMF says U.S-China tensions could cost the world about 2% of its output
The most notable push for "friend-shoring," the IMF says in its report, is seen in the series of recent bills...
RBI monetary policy: Will banks turmoil in West play a role in MPC’s rate hike decision?
RBI which is an inflation trajectory central bank, is set to announce the first bi-monthly monetary policy of FY24 on...
Top-end art and luxury zoom while crypto bros dump NFTs
The rich are living in a different economic world right now. You can see that from all the Dior handbags...
Where’s the Next Sweden? Europe’s Housing Market…
Swedish house prices slumped 15% in 2022, a dramatic reversal of a decade-long rally that’s threatening to push the country...
Balancing act: Why central banks are cautious after bank crisis | Banks
Recent bank failures revived fears of a full-fledged financial crisis and global recession – although economists have cautioned that the...
US banking turmoil likely to cause tightening conditions: New York Fed head
By News Centre The president of the US Federal Reserve Bank of New York said Friday the recent banking turmoil...
Next boss: downturn in UK economy won’t be long lasting
Recent gauges of Britain's economy, such as consumer confidence data, have suggested it could sidestep a prolonged recession which had...
EU leaders grapple with bank risks as economy weakens
European Union leaders are gauging the risk of a banking crisis developing from recent global financial turmoil and hitting an...
Investors digest latest rate hikes
30 Mins AgoDeutsche Bank falls 10.7% after spike in credit default swapsDeutsche Bank posted the steepest losses in morning trade,...
