Lebanon drafts law to address funding shortfalls in financial system
Draft law aims to address Lebanon’s funding shortfalls, repay depositorsDepositors to recover money through instalments and asset-backed securitiesInternational…
Perfect storm of factors propels silver to record high above $65/oz
Silver gains over 120% in 2025, outperforming gold’s 64% riseInvestment demand, supply deficit, and AI industry drive silver…
Dollar drifts near 2-1/2-month lows as labour data leaves rate path uncertain
Euro hangs near 12-week high ahead of ECB policy decisionBOE likely to cut rates, BOJ expected to raise…
South African rand flat ahead of leading economic indicator, local inflation data
JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of…
Sterling laps up UK-Japan rate squeeze
LONDON, Dec 15 (Reuters) – A rare event of two G7 central banks moving in opposite directions on…
Wall Street slides; fears of AI bubble and inflation send investors away
Indexes off: Dow 0.51%, S&P 500 1.11%, Nasdaq 1.63%S&P 500, Nasdaq at more than two-week lowsBroadcom falls as…
EU set to indefinitely freeze Russian assets, removing obstacle to Ukraine loan
Item 1 of 3 A street cleaner walks near sculptures at the foot of skyscrapers of the Moscow…
Russian central bank says EU plans to use its assets are illegal
Central bank says it’s suing Euroclear in Moscow courtEU plans to use seized Russian assets to help UkraineCentral…
Dollar rises as traders digest Fed meeting, sterling eases after GDP
Euro and sterling rise as dollar weakensUK GDP data in focusFed’s less hawkish stance drags dollarMarkets diverge from…
S&P 500 posts record closing high, US dollar and yields decline in wake of FedÂ
Item 1 of 2 Traders work on the floor at the New York Stock Exchange (NYSE) in New…
US dollar tumbles after Fed cuts rates, Powell comments
Fed cuts rates, but signals pause in JanuaryFed’s Powell says rate hike not base case for policymakersNew Fed…
Divided Fed lowers rates, signals pause and one 2026 cut as growth rebounds
Fed reduces policy rate by quarter of a percentage pointThree policymakers dissent on decisionPolicymakers see one rate cut…