Tag: central banks

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Central banks, earnings dampen stocks’ upbeat mood

World stocks pulled further away from 2-1/2 week highs touched earlier this week, with sentiment dampened by expectations for further rate hikes from big...

IMF calls for rules on non-bank financial sector to prevent turmoil

The non-bank sector now accounts for half of the assets of the entire world financial system and should be more closely regulated to protect...

Central banks continue gold buying spree

After charting the highest level of net gold purchases on record in 2022, central banks started out 2023 right where they left off. Central banks globally added another...

Major central banks rekindle rate hike push after dry January

Major central bank interest rates moves were off to a tepid start in January with a single hike by Canada but the pace will...

Analysis: Markets to central bankers: we don’t believe you

Central bank policy announcements, once viewed as the rule book for how markets should move, are not resonating with traders any more. Take Wednesday's Federal...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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