London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
EU vessel sanctions weigh on Russian grain exports, central bank says
The European Union's sanctions on vessels transporting Russian grain, along with Turkey's wheat import ban, impacted Russian ...
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards ...
Zawya2d
CBUAE’s 2024 achievements drive momentum towards a bright future for the financial sector
In 2024, the CBUAE issued commemorative gold and silver coins to mark its 50th anniversary, highlighting its achievements and ...
15 Largest Cities in Germany, Ranked by Population
Germany, a country with a rich history, cutting-edge innovation and vibrant culture, is home to some of Europe's most dynamic ...
The Financial Times8d
Japan’s biggest lenders hit valuation landmark as central bank weighs rate increase
Japan’s biggest banks are nearing a key valuation ... which was ended by the BoJ in early 2024, was part of the central bank’s efforts to take the country out of deflation and restore a ...
As elite Davos event ends, some hail ‘constructive optimism’ despite divisions, suffering in world
The World Economic Forum's annual gathering of elites in Davos has ended with many business leaders, world-class academics, ...
Key US inflation gauge posts largest monthly rise since last April
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
Nairametrics8d
Nigeria yet to be major source of FDI, remittance in Sub-Saharan Africa – World Bank
Nigeria, despite being the largest economy and most populous country in Sub-Saharan Africa (SSA), has not established itself as a ...
Trump's America leaves Europe in its wake: US President promises the largest tax cut in US history
Donald Trump (pictured) delivered his much-anticipated video address to the self-styled global elite at the World Economic ...
Analysis-Global Economy Takes Trump Guessing-Game in Stride
FRANKFURT (Reuters) - Global economic policymakers had been braced for an economic firestorm from the new U.S. administration ...