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Foreign investors cut their holdings of treasury bonds by 84.6 percent to Sh4.9 billion in the quarter ending June 2024 from Sh32 billion in the same period last year in search of higher returns from shorter-term papers. At the same…

Andrew Bailey, Governor of the Bank of England, has indicated that the bank may take a more aggressive stance on cutting interest rates if inflation continues to decline. However, he warned that escalating tensions in the Middle…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before…

Article contentCALGARY, Alberta, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Direct Energy Regulatory Services has announced default natural gas prices for October 2024. These prices will apply to customers who have not selected a competitive…

BEIJING (Reuters) - The People's Bank of China (China's central bank) told commercial banks on Sunday to begin cutting interest rates on all outstanding home loans, in a sweeping move to help ease the mortgage burden on households hurt by…

LagardeBarclays issued a note predicting that the ECB will cut the ECB by 25 basis points on October 17. They are behind the curve in that as the market has turned dramatically in the last couple of weeks and now place a 94% chance of a…

Written by Laika Kihara OSAKA (Reuters) - Bank of Japan Governor Kazuo Ueda said on Tuesday the bank can take time to examine market and external economic developments when setting monetary policy, suggesting the central bank is in no rush…

LONDON (Reuters) - Hedge funds bought U.S. technology and media stocks at their fastest pace in four months last week, driven by an expected 50 basis point interest rate cut by the Federal Reserve, a Goldman Sachs note to clients seen by…

This article is also available in Spanish. The fifth-largest cryptocurrency by market cap, Solana (SOL), has been back in the spotlight since it recently saw a massive price…

Savers piled a record Sh1.97 trillion into fixed deposit accounts in the year to June 2024, driven by prevailing high interest rates, new data has shown. Cash held in fixed accounts at commercial banks rose by a record Sh224 billion…