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In the second quarter of 2024, First Capital Realty (FCR) showcased a strong financial and operating performance with a 50% increase in lease transactions compared to the previous quarter, setting a record average net rental rate of $23.73.…

The dollar rose on Thursday after falling the previous day as central banks continued to roil currency markets, while sterling fell to a four-week low after the Bank of England cut interest rates from a 16-year high. The dollar…

The Bank of England has cut interest rates for the first time in more than four years, providing much-needed relief to millions of homeowners and families still struggling with the high cost of living. In a controversial decision…

As expected, the US Federal Reserve kept its target interest rate range at a 23-year high of 5.25%-5.50% in July. The Federal Reserve Bank indicated in its statement the following: Job gains "It has been modified," a change from the…

The Bank of Japan surprised markets when it announced its decision to raise interest rates by 0.15% from <0.10% to <0.25% while policymakers agreed to reduce bond purchases to 3 trillion yen by the first quarter of 2026. In effect,…

Via Scotia, Preview Comments on What to Expect from the Bank of Japan. Of the 46 consensus forecasters, only 9 expect a rate hike. Markets are pricing in a 10 basis point rate hike, which has been around 70% with pricing around 7 basis…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

Kenya Railways (KR) is set to introduce premium class seats on its Standard Gauge (SGR) passenger trains in the next two weeks, charging customers up to three times the fare it currently charges for first class carriages on the Madaraka…

Collective investment schemes tripled their share of assets under management in the form of cash and demand deposits to Sh35.3 billion in the 12 months to March 2024, chasing high interest rates on deposits offered by liquidity-starved…

The People's Bank of China cut interest rates today:The People's Bank of China announced cutting the 7-day reverse repurchase rate to 1.70% from 1.80%.The last seven-day federal funds rate cut was in August 2023, when it also cut the…