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Tag:Central banking

Russian central bank surprises markets by holding key rate at 21%

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency...

Bank of England holds rates but vote split surprises markets

The Bank of England pictured in December 2024.Sopa Images | Lightrocket | Getty ImagesLONDON — The Bank of England on Thursday ended its...

Euro zone inflation climbs to 2.3% in November, meeting expectations

The stalls at the 590th Dresden Striezelmarkt are brightly lit at the opening.Sebastian Kahnert | Picture Alliance | Getty ImagesAnnual euro zone inflation...

European Central Banks warns of trade tension risks to euro zone financial stability

Rising global trade tensions present a risk to the euro area economy, the bloc's central bank found in its biannual Financial Stability Review...

Japan’s central bank to remain undeterred on rate hikes despite LDP’s electoral shock, analysts say

Bank of Japan Governor Kazuo Ueda responds to questions during a Governors talk on Japanese inflation and monetary policy at the International Monetary...

Fed officials were divided on whether to cut rates by half a point in September, minutes show

WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately deciding...

Swiss central bank cuts rates by a quarter point in third trim this year

A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. Denis Balibouse |...

HSBC shares rise 2% after profit beat, $3 billion buyback announcement

Aaron P | Bauer-Griffin | GC Images | Getty ImagesLONDON — Europe's largest lender HSBC on Wednesday declared a share buyback program of...

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Boy, 8, saves choking friend with Heimlich maneuver: See the video

An 8-year-old boy is being hailed as a hero after saving the life of his choking friend...
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Sri Lanka central bank fines Indian Bank – Times of India

CHENNAI: The Central Bank of Sri Lanka has penalised state-owned Indian Bank for failing to conform...

Italy’s OVS SpA posts $436 mn Q3 2024 net sales, up 12.8% YoY

OVS SpA, an Italian clothing company has achieved net sales of €414.7 million (~$436.0...

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