by finance_admin | December 2, 2024 | Economy
President-elect Donald Trump has warned of imposing 100% tariffs on BRICS nations if they attempt to create a currency to rival the U.S. dollar, escalating his confrontational stance on global trade. “The idea that the BRICS Countries are trying to move away from the...
by finance_admin | December 1, 2024 | Economy
India, recognized as the fastest-growing market, has become a focal point for the world’s largest sovereign wealth funds, as indicated by a significant increase in their investments. Data compiled from the National Securities Depository Limited (NSDL) revealed a...
by finance_admin | December 1, 2024 | Breaking, Economy, Finance, News
Consistent leadership in regional capital inflow, contributing $1.67 billion year-to-date The UAE continues to dominate the Gulf Cooperation Council (GCC) in foreign capital inflows, registering a net influx of $680.4 million in May 2024. This marks a significant...
by finance_admin | December 1, 2024 | Banking, Currencies, Economy, Finance, News
Investors await central bank decisions from the UK, Switzerland, and Norway amidst steady currency movements The British pound held broadly steady on Thursday as markets awaited a rate decision from the Bank of England (BoE) later in the day. The dollar was similarly...
by finance_admin | December 1, 2024 | Breaking, Economy, Finance
Despite slowing inflation, the BoE maintains key interest rate at 5.25% ahead of the general election The Bank of England (BoE) decided on Thursday to keep its key interest rate at a 16-year high of 5.25%, despite a slowdown in UK inflation. This move comes ahead of...
by finance_admin | November 28, 2024 | Economy
Japan is on track to achieve record tax revenues for the fifth consecutive year, with total collections projected to reach approximately 73.4 trillion yen ($484 billion) by March 2025, according to government sources. The figure surpasses the initial estimate of 69.6...
