News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
European Central Bank |
European Central Bank (ECB) decided that 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.
Federal Reserve Board |
Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent. Be patient as it determines what future adjustments to the target range
Reuters |
Bank of Japan policymakers disagreed over the appropriate level of bond yields, minutes from the central bank’s meeting last month showed in a sign of the strain on the BOJ’s monetary framework as the global economy weakens.
Reuters |
U.S. President Donald Trump’s administration on Sunday lifted sanctions on aluminum giant Rusal and other Russian firms linked to oligarch Oleg Deripaska, defying a Democratic-led push in the U.S. Congress to maintain the restrictions.
Reuters |
U.S. stocks declined on Monday as an unexpected drop in China’s exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicked off.
Reuters |
A Republican senator close to President Donald Trump on Sunday backed a temporary re-opening of the federal government, in the 23rd day of the longest shutdown ever
Bank of Canada |
The 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 |
China's flagship foreign-policy initiative is closer to a branding exercise than a master plan for geopolitical domination.
Bloomberg |
With $1.2 trillion needing to be rolled over this year, the threat of a funding crunch is rising.
Bloomberg |
Suppliers to Apple Inc. in Asia tumbled with with U.S. stock-index futures after the iPhone maker added to global growth concerns with a cut in its sales outlook. The yen surged and gold advanced as investors flocked to safe havens