Friday , 19 December 2025

Recent Posts

Romania hikes key interest rates by 2%

  Bloomberg Romania raised interest rates less than expected, surprising some investors who have expected the central bank to lift borrowing costs faster to tackle decade-high inflation and catch up with more aggressive rate hikes by its regional peers. The central bank raised borrowing costs by 25 basis points to 2%, a move predicted by five out of 11 economists …

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Bank of America drops non-sufficient funds charge

  Bloomberg Bank of America Corp (BofA) said it will eliminate charges for non-sufficient funds in its customers’ accounts and reduce overdraft fees, joining a growing number of US lenders scaling back the costs. The non-sufficient funds fees will be eliminated starting next month, and overdraft fees will be reduced to $10 from $35 beginning in May, the Charlotte, North …

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China’s technology stocks jump as cheap valuation lures buyers

  Bloomberg A gauge of Chinese technology shares rallied by the most in three months as investors took advantage of attractive valuations in the battered sector and the prospect of looser monetary policy conditions. The Hang Seng Tech Index rose as much as 5% on Wednesday, headed for its highest level in a month with all but one of its …

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