Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Bloomberg |
Treasury wants Congress to re-appropriate $455 billion
long-term impacts from the coronavirus pandemic; lost “generations of intellectual capital.” and we’re not going back to the same economy.”
Reuters |
Ant Group files for mega IPO
Bloomberg |
If Biden wins and eases sanctions, Iranian oil could swamp the world market.
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 -0.50% respectively.
Forbs |
Navigation (or wayfinder) technology is hard. But it’s coming soon
Bloomberg |
Right sectors to invest include digital, pharma, tech
The Committee expects to maintain an accommodative stance of monetary policy. The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
Bank of Canada |
Bank of Canada maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent.
Reserve Bank of Australia |
Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.