Tag: Business
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UK’s big banks pass stress test
The Bank of England announced that the 8 largest banks, which give 75 percent of loans, passed the stress test.
The Bank of England (BOE)...
Yen climb expectations
The Japanese currency yen climbed to its strongest level in a month after being at lows for a long time. Experts state that in...
US inflation drops to lowest level in 2 years
Inflation data for June in the USA were announced. The data showed that annual inflation in the country fell to the lowest level since...
$1.9 billion asset share sale from Egypt
Egyptian Prime Minister Mustafa Medbuli announced that the government has signed contracts to sell $1.9 billion worth of shares in state assets.
Egyptian Prime Minister...
Fed forecast from Moody’s Analytics
Moody's Analytics Chief Economist Mark Zandi stated that he thinks that the US Federal Reserve (Fed) can increase interest rates by 25 basis points...