China’s Central Bank Slashes Short-Term Interest Rates, Injects Bigger Stimulus Package
The People’s Bank of China (PBOC) has cut its short-term interest rates and is now expected to slash its medium-term interest rates for the first...
Category : WORLD
Oracle’s Larry Ellison Surpasses Bill Gates, Ranks Fourth on the Bloomberg Billionaires Index
Founder of Tech Giant Oracle, Larry Ellison’s wealth surges to new heights amidst the artificial intelligence (AI) boom. The billionaire edged past Bill Gates today...
RBA Raises Interest Rates by 24 bps to Fight Surging Inflation
On Tuesday, the Reserve Bank of Australia (RBA) raised interest rates for the 12th time in just over a year, warning that inflation is still...
Asian Stocks Rise, Currencies Fall as US Debt Ceiling Bill Passed
Almost all Asian stock markets were trading higher on Monday over the crisis averting US debt ceiling deal, with Japan’s Indexes reaching 33-year peaks. At...
US President Biden Signs Debt Ceiling Bill, Announces it in His First Oval Office Address
President Joe Biden celebrated a “crisis averted” in his first Oval Office address, announcing the signing of legislation that lifts the nation’s debt ceiling just...
Stripe Debuts Charge Card Programme in US, Soon to Launch in UK and EU
TechCrunch reports that Fintech giant Stripe has announced plans for a new charge card for its business card issuance product. Stripe launched its Stripe Issuing...
US Debt Ceiling Law Passes Through Senate, Biden to Sign the Bill Today
The US Senate passed the debt ceiling legislation by a vote of 63-36 on Thursday night, just days before the default deadline on Monday. The...
US Debt Ceiling Deal Passes First Hurdle, Senate Yet to Vote
The US debt ceiling compromise deal between the Democratic President Joe Biden and Republican House Speaker Kevin McCarthy has cleared the first voting hurdle in...
Europe Shares Lost US Debt Ceiling Deal Gains Accumulated in Early Trade Hours
European stocks slipped on Monday after kicking off on a positive note in early trading hours over-optimism of the US debt ceiling being suspended. US...
US Debt Ceiling Deal Talks Conclude Days Before Default Deadline
US President Joe Biden and House Speaker Kevin McCarthy have agreed on a deal, just days before the deadline, to suspend the US debt ceiling...
