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Bloomberg Australia’s back-to-back interest-rate cuts are flowing through the financial system and into the economy, …
Read More »RBA’s Kent says interest-rate cuts flow to Australia economy
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SNB to follow interventions with ‘rate cut’
Bloomberg The Swiss National Bank (SNB) may have to do more than pump billions into …
Read More »Absa’s retail-banking push pays off as profit rises 5.4% in first-half
Bloomberg Absa Group Ltd.’s push to reclaim market share lost while under the control of …
Read More »Mobile phones are replacing bank accounts in Africa
Bloomberg It doesn’t look like the hub of an online bank. But that’s what the …
Read More »UAE unveils strategic water project in Yemen’s Qataba
HODEIDAH / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC), on …
Read More »UAE, Saudi send 540,000 tonnes of wheat to Sudan
ABU DHABI / WAM The UAE and Saudi Arabia allocated 540,000 tonnes of wheat to …
Read More »Trump tech tariffs would add $1bn monthly to import costs
Bloomberg US technology companies would pay an additional $1 billion a month or more in …
Read More »Gold tops $1,500 amid US-China trade tensions
Bloomberg Gold futures rallied above $1,500 an ounce on sustained demand for the traditional haven …
Read More »Oil plummets as central banks cut interest rates
Bloomberg Oil plunged, re-entering bear-market territory, as central banks cut interest rates around the world, …
Read More »India’s Sterlite sees $35 billion energy storage opportunity
Bloomberg Sterlite Power Grid Ventures Ltd., one of India’s biggest private transmission companies, sees a …
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