Bank of Japan kept interest rates unchanged
Bank of Japan kept interest rates unchanged
The Bank of Japan has not changed its monetary policy and expects higher inflation in 2024.
The Bank of...
UAE allocated $545 million from the budget for flood relief
UAE allocated $545 million from the budget for flood relief
The United Arab Emirates (UAE) announced that they allocated approximately 545 million dollars to cover...
Yen hits 34-year low against dollar
Yen hits 34-year low against dollar
Japan's yen tested its lowest level in 34 years as the central bank meeting began.
The blood loss continues. The...
South Korea grew above expectations
South Korea grew above expectations
South Korea's GDP increased by 3.4 percent in the first quarter, the fastest quarterly growth since the 4th quarter of...
The decline in the Japanese yen increased expectations for intervention
The decline in the Japanese yen increased expectations for intervention
The yen fell to critically low levels against the dollar and the expectation of "intervention...
BOJ emphasizes “highly likely” interest rate hike
BOJ emphasizes "highly likely" interest rate hike
Bank of Japan (BOJ) Governor Kazuo Ueda said that an interest rate increase is "highly likely" if inflation...
Slowdown in inflation in Japan
Slowdown in inflation in Japan
In Japan, headline inflation decreased to 2.7 percent in March, while core inflation remained stable at 2.6 percent.
Japan's headline inflation...
A quick introduction to the interest rate cut process in Brazil
The Central Bank of Brazil started the rate cut process more aggressively than expected and cut 50 basis points.
The Central Bank of Brazil (BCB)...
Net profit of 737 billion rubles from Sberbank in the first half of the year
Sberbank announced a net profit of 737 billion rubles ($7.9 billion) in the first half of the year. It was reported that the bank...
Unemployment in Japan fell in June
Unemployment rate in Japan fell to 2.5 percent in June.
Japan's seasonally adjusted unemployment rate fell slightly to 2.5 percent in June from 2.6 percent...