Tag: Finance
Inflation Data Shakes Currency Markets: U.S. Dollar Rebounds as UK Inflation...
The U.S. dollar experienced a rebound on Wednesday as inflation in the United Kingdom cooled more than expected in June. This unexpected slowdown in...
UBS Retains EY as External Auditor, Expands Role to Include Credit...
UBS Group has reportedly decided to retain EY as its external auditor and expand its role to include auditing Credit Suisse's accounts starting in...
Etisalat Explores Potential Partnership with PPF Group to Expand in Central...
Etisalat, the largest telecommunications group company in the UAE and listed on the Abu Dhabi Exchange (ADX), has revealed that it is engaged in...
South Korean Regulator Requests $4 Billion Financing from Major Banks to...
In a bid to support MG Community Credit Cooperatives (MGCCC), South Korea's financial services regulator has approached major commercial banks in the country, directing...
UBS Bolsters U.S. Wealth Management with Recruitment Drive Amidst Global Workforce...
Zurich, Switzerland - UBS (UBSG.S), the world's second-largest wealth manager following its takeover of Credit Suisse, is on a mission to expand its foothold...
Dollar shudders, yen slumps as Fed rate bulldozes on
The yen remained just below the significant psychological level of 145 per U.S. dollar on Monday, while the dollar faced some downward pressure following...
Oil surfs high; rouble tanks as economies feign ignorance
Oil prices inched higher on Monday as concerns over Russian stability and crude supply emerged following an unsuccessful mutiny attempt by Russian mercenaries over...
China roots out loan benchmarks to bring back blooming demand
China has implemented a series of key lending benchmark reductions for the first time in 10 months, signalling its efforts to support a slowing...
Chinese firms demanded to dress modest; economy in duces
Chinese financial institutions are actively implementing austerity measures in response to Beijing's efforts to address the wealth gap, which include reducing salaries, bonuses, travel,...
Investors stay alert for economic movement; Fed signs its moves
The recent hawkish stance of the Federal Reserve, amidst a strong rally in the stock market, has presented investors with a dilemma: how to...
