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 ...
Morgan Stanley's top stock strategist says the market is in a 'sweet spot' when it comes to interest rates
The Fed made the right call in hitting pause this week. "I'm not sure that pausing is really all the bad for stocks in the ...
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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 ...
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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 ...
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, ...
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European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
A key question is whether the ECB is comfortable with the increasing distance between its own monetary policy path and that of the world's biggest central bank, the Federal Reserve, which is set ...