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Fitch affirms Asian Development Bank credit rating at 'AAA' with stable outlook
July 02, 2022
Fitch Ratings said Friday it affirmed the Asian Development Bank's (AsDB) credit rating at 'AAA' with a stable outlook. The…
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2310
times
US Treasury head urges regulatory framework for stablecoins
July 02, 2022
US Treasury Secretary Janet Yellen urged regulatory framework for stablecoins, cryptocurrencies designed to be protected from volatility. "Secretary Yellen highlighted…
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2575
times
Atlanta Fed's GDP model indicates US economy in recession
July 02, 2022
The Federal Reserve Bank of Atlanta's gross domestic product (GDP) model showed on Friday that the US economy is already…
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2571
times
US stocks close with gains to start 2nd half on higher note
July 02, 2022
The US stock market closed with gains on Friday to begin the second half of the year on a higher…
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2567
times
US Treasury Department blocks $1 billion in assets from Russian oligarch
July 01, 2022
The US Treasury Department announced Thursday it blocked $1 billion in assets of a Russian oligarch in a trust. The…
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692
times
Central banks' challenge is to control inflation without recession: S&P
June 30, 2022
The biggest challenge for major central banks in the world is to rein in inflation expectations without causing a recession,…
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2529
times
Coronavirus pandemic increased global use of digital payments: World Bank
June 30, 2022
The coronavirus pandemic increased the use of digital payments globally, the World Bank said Wednesday. "The COVID-19 pandemic has spurred…
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2646
times
Russia issues Estonia travel warning over goods ban
June 29, 2022
Russia on Tuesday warned citizens against traveling to neighboring Estonia, where stringent curbs on the movement of goods and heavy…
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2571
times
Ukraine war stifling Black Sea trade, logistics, swelling global vessel demand: UN
June 29, 2022
The war in Ukraine is stifling trade and logistics of the country and the Black Sea region, increasing global vessel…
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2563
times
New York Fed chair dismisses recession in US economy
June 29, 2022
New York Federal Reserve President John Williams dismissed fears of a recession Tuesday and said the US economy is strong…
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2929
times
US stocks give up gains to close lower
June 28, 2022
The US stock market closed lower on Monday to give up its earlier gains. The Dow was down 62 points,…
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2475
times
Russia to sell gold to 'legitimate markets' in case of G7 ban
June 28, 2022
Russia will sell its gold to markets "with more legitimate economic systems" if it is banned on European markets, Kremlin…
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2268
times
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