Tag: Central Bank
Cabinet issues resolutions on Insurance Authority, Securities and Commodities Authority
(WAM) -- The Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved...
JPMorgan Joins Goldman Saying More QE Needed to Cap Bond Yields
(Bloomberg) -- Central bank quantitative easing programs may need to be ramped up to stave off a rise in bond yields, according to a JPMorgan...
Oil Below Zero, Remittance Risk, Beijing Pays Price: Eco Day
(Bloomberg) -- Welcome to Tuesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
Oil went negative for the...
IMF Meets to Survey Wreckage of Global Economy: Eco Week
(Bloomberg) -- The guardians of the world economy will come together this week to survey a global picture that’s been turned on its head in...
Waiting for the Next Historic Number: Global Economy Week Ahead
(Bloomberg) -- As the true economic impact of the coronavirus pandemic becomes clear, economists seeing unprecedented data releases on an almost daily basis are gearing...
Mideast Stocks Drop Despite $47 Billion of Central Bank Aid
(Bloomberg) -- Most equity markets in the Middle East fell on Sunday, despite efforts by central banks across the region to protect economies from shocks...
Mideast Joins Global Stimulus With $47 Billion to Fight Crisis
(Bloomberg) -- Three of the biggest Arab economies pledged almost $47 billion in stimulus to limit the economic damage of the coronavirus outbreak, joining a...
Rupee Nears Record Low, India Stocks at Bear Brink on Virus Rout
(Bloomberg) -- The Indian rupee slid to near a record low and equities approached a bear market as continued worries over the economic impact from...
Irregularities Found at Pakistan’s Top Bank After U.S. Sanction
(Bloomberg) -- A Middle East operation of Pakistan’s largest bank displayed “significant irregularities” in dealings with politically exposed clients and screening some transactions, according to...
World’s Happiest People Seek Road to Financial Intelligence
(Bloomberg) - The most cheerful people on Earth are about to get some help managing their finances.
In Finland, which just topped the United Nation’s World...