More central banks hike rates despite banking turmoil
The Bank of England joined Norway and Switzerland in hiking interest rates Thursday to tackle stubbornly-high…
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Credit Suisse expects Q4 pre-tax loss of $1.6 bn
Credit Suisse predicted a surprise fourth-quarter pre-tax loss of up to $1.6 billion as the beleaguered…
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UK budget set to deliver more economic pain
Britain is set Thursday to unveil hefty tax rises and spending cuts at the risk of worsening a cost-of-living…
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Inflation-fighting BoE poised to unleash big rate hike
The Bank of England is expected Thursday to follow other major central banks with an aggressive interest…
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G7 pledges $19.8 bn to bolster Ukraine’s finances: German finance minister
G7 industrialised nations have pledged $19.8 billion (18.7 billion euros) to shore up Ukraine’s…
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Powell wins second term as Fed chief as inflation battle rages
The US Senate on Thursday confirmed Jerome Powell to a second term as head of the Federal Reserve, as…
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Ukraine set to dominate G20 finance chiefs summit
Finance officials from the world’s richest countries will meet on Wednesday to address global…
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N.Korea-tied hackers executed $620 mn crypto heist: FBI
North Korean-tied hackers were responsible for a $620-million cryptocurrency heist last month targeting…
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Stocks rise despite jump in oil, metals prices
US and European equity markets rallied Wednesday despite another jump in the price of oil and other…
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‘Swissleaks’ investigation targets Credit Suisse bank
Credit Suisse bank, still reeling from losing billions of dollars last year, faced a fresh challenge…
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