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Latest Articles
Dollar firm as Fed rate-hike bets weigh on euro; pound little changed
8+ hour, 43+ min ago (682+ words) The dollar traded firmly against major currencies in foreign exchange markets on October 12, as expectations of additional Federal Reserve rate hikes and escalating Middle East tensions continued to drive safe-haven demand for the greenback. The euro, meanwhile, remained soft under…...
Samsung SDS to Acquire 100% of Air Cargo Consolidator Woojung Air, Expanding Logistics Visibility in South Korea
2+ hour, 20+ min ago (405+ words) Samsung SDS (018260.KS) will acquire the entire stake in Woojung Air, a South Korean air cargo consolidation specialist. The strategy is to internalize aircraft cargo space procurement and terminal operation capabilities to strengthen air transport competitiveness, while filling visibility gaps…...
Hospital Corporation of China Ltd News — HKEX:3869
6+ hour, 7+ min ago (55+ words) Hospital Corp. of China Ltd. is an investment holding company, which engages in the operation and management of hospitals. It operates through the following segments: General Hospital Services, Hospital Management Services, and Sale of Pharmaceutical Products. The company was founded…...
Budget 2027 optimism lifts ringgit despite external headwinds
2+ hour, 10+ min ago (123+ words) KLSE Screener Budget 2027 optimism lifts ringgit despite external headwinds KUALA LUMPUR: The ringgit edged higher against the US dollar at the opening, buoyed by optimism surrounding Budget 2027. At 8 am, the ringgit was up marginally against the greenback to 4.0815/0900 from Monday’s…...
IMF further cuts Bangladesh’s FY27 growth forecast to 3.2pc, sees inflation surging to 10.9pc
1+ hour, 5+ min ago (277+ words) The International Monetary Fund (IMF) has further lowered Bangladesh’s growth forecast for the fiscal year 2026-27 (FY27) to 3.2 per cent, down from its previous projection of 3.5 per cent made in July. The Washington-based lender unveiled the latest projections in its World Economic…...
Aussie Dollar struggles at 0.70, retreats as Oil shock boosts the USD | FXStreet
3+ hour, 11+ min ago (331+ words) The Australian Dollar ended Monday’s session with losses of close to 0.40% amid thin liquidity due to the Columbus Day holiday, with most US cash markets closed, as market participants were guided by the latest geopolitical developments. The AUD/USD trades…...
Labour told not to spend what it can't afford trying to ease the cost of living: IMF's warning as it downgrades UK growth forecast
1+ hour, 10+ min ago (886+ words) Labour has been warned not to splash out on cost of living measures that the country cannot afford as Britain's economic outlook was downgraded by the International Monetary Fund (IMF). The IMF raised the alarm over the potential for high…...
Week Ahead: IMF-World Bank Meetings; U.S., China and India Inflation Reports; Lagarde and Warsh Speeches; Fed Beige Book; RBA Minutes; IEA and OPEC Reports; U.S. Bank Results
20+ hour, 23+ min ago (1229+ words) From the IMF and World Bank annual meetings to the U.S. inflation data to the third-quarter earnings from major Wall Street banks, here’s what you need to know for the week ahead. 🇮🇳 India September CPI ⚠️ 🇰🇷 South Korea exports 10 days YoY 🇯🇵 Japan…...
Dollar hovers near 18-month high
3+ hour, 11+ min ago (483+ words) NEW YORK/LONDON: The dollar held near an 18-month high on Monday, supported by safe-haven demand as an escalating Middle East conflict kept investors cautious ahead of key US inflation data later this week. Oil prices were volatile after Yemen’s…...
Americans Hall and Woodford win economics Nobel for stabilisation models
13+ min ago (740+ words) STOCKHOLM: Americans Robert Hall and Michael Woodford were awarded the Nobel economics prize on Monday (Oct 12) for their work on how monetary and fiscal policy can better stabilise disruptive economic fluctuations. The two were honoured for developing new models for…...