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Yields on Treasury bills or T-bills to be auctioned this week are expected to be range bound to slightly higher after the sharp drop in the past weeks as yields look to consolidate in the wake of the rise in US rates last Friday, October 5, 2024. (F
FILE PHOTO: Meralco customers may heave a sigh of relief as the power distributor announced lower electricity rates this October. Meralco says on Friday, October 11, 2024, that power rates will drop by P0.3587 per kilowatt-hour for the October billi
JAKARTA/BANGKOK: Business has been tough over the past few years for Mr Budiarto Tjandrawagi8, a manufacturer and exporter of Adidas shoes since 1988. Global demand for purchasing his products has taken a hit in the wake of the COVID-19 pandemic and
Mortgage rates have fallen to their lowest level in more than a year, a balm for prospective home buyers and sellers in a challenging real estate market. The average rate on 30-year mortgages, the most popular home loan in the United States, dropped
COLOMBO: Sri Lanka's central bank kept interest rates unchanged on Friday (Sep 27) in line with expectations, citing domestic and global uncertainties, but said inflation was likely to remain low and the economy was doing much better than initially
A labour ministry statement said that this adjustment is aimed at helping workers cope with the rising cost of living. Photo: File representative image A labour ministry statement said that this adjustment is aimed at helping workers cope with the r
President Biden on Thursday hailed the Federal Reserve’s move this week to begin cutting interest rates, casting it as a sign of America’s economic health and evidence that a national price surge has largely calmed down. It was an attempt to call a
Two years ago, central banks around the world were engaged in a battle against high inflation that resulted in an aggressive and synchronized jump in interest rates. Nowslotland, many policymakers are reversing course — but in a less coordinated way
The Federal Reserve has started cutting interest rates at long last, and it’s a relief that financial conditions in the United States will be easing. But it’s far too early to celebrate. The stock market has been rising anyway, with the SP 500 closi
China’s central bank announced a series of measures on Tuesday aimed at making it easier for households and companies to borrow money, in the boldest attempt by the Chinese authorities since the pandemic to revive economic growthdragon casino online