Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Committee decided to maintain the target range for the federal funds rate at 3/4 to 1 percent.
Bloomberg |
The rising number of affluent locals purchasing luxury homes indicates their confidence that Singapore remains a safe haven for capital preservation and appreciation,
Bank of Canada |
Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.
Bloomberg |
Trump administration won’t renew the waivers that let countries buy Iranian crude oil without facing U.S. sanctions, according to four people familiar with the matter, a move that could roil energy markets
Bloomberg |
Equity ETF inflows have dwindled
European Central Bank |
The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.
Bloomberg |
Federal Reserve policy makers last month grappled with “significant uncertainties” and persistently low inflation as they scrapped forecasts for interest-rate hikes in 2019 even while voicing the need to maintain policy flexibility.
Bloomberg |
The International Monetary Fund cut its outlook for global growth to the lowest since the financial crisis amid a bleaker outlook in most major advanced economies and signs that higher tariffs are weighing on trade.
FOXBusiness |
America’s wealthiest Opens a New Window. residents appear headed where the weather is warm. Rich homebuyers – with average yearly incomes of $2.57 million – are snapping up more properties in cities across both California and Florida
Reuters |
World trade shrank by 0.3 percent in the fourth quarter of 2018 and is likely to grow by 2.6 percent this year, slower than 3.0 percent growth in 2018 and below a previous forecast of 3.7 percent