Excited miners celebrated finding a rich vein of gold at a mining pit in Myanmar. Footage shows the workers shovelling dirt from the abundant spot of precious metal in Kachin State on January 1. They …
Iran ramps up military capabilities with ‘combat robots’ in northeastern drills
General Nozar Nemati, Deputy Commander of the Army Ground Force Brigadier, said troops are engaged in an “offensive” exercise using newly-developed robots which was launched on Sunday night in northea …
Turkey cenbank cuts rates by 250 points to 45% as expected
Turkey’s central bank cut its key interest rate by 250 basis points to 45% as expected on Thursday, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is …
Has Japan truly escaped low inflation?
If the Bank of Japan had behaved in a similar manner to its G 10 peers, notes Tim Baker of Deutsche Bank, the country’s interest rates would have increased by two percentage points over the past few …
Has Japan truly escaped low inflation?
If the Bank of Japan had behaved in a similar manner to its G 10 peers, notes Tim Baker of Deutsche Bank, the country’s interest rates would have increased by two percentage points over the past few …
Japan’s biggest lenders hit valuation landmark as central bank weighs rate increase
Japan’s biggest banks are nearing a key valuation level for the first time in almost a decade as investors bet that the Bank of Japan will raise interest rates on Friday and accelerate its …
China’s financial system is under brutal pressure
With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into government bonds, driving down yields. Since China’s financial system is …
China’s financial system is under brutal pressure
With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into government bonds, driving down yields. Since China’s financial system is …
China’s Latest Bid to Boost Stocks Barely Moves the Needle
Authorities’ request for state-owned insurance companies and mutual funds to invest more in stocks got a lackluster market reaction.
China’s Latest Bid to Boost Stocks Barely Moves the Needle
Authorities’ request for state-owned insurance companies and mutual funds to invest more in stocks got a lackluster market reaction.