The move was to “improve financial institutions’ ability to use foreign exchange funds,” the PBOC said.
Refiners in India have been snapping up discounted Russian oil after some Western buyers shunned purchases over Russia’s full-scale invasion…
The agency said the epicentre of the quake was on land at a depth of 75 kilometres (46.6 miles), adding…
Russian President Vladimir Putin has already announced that he will not be travelling to New Delhi and will send Foreign…
Private payrolls clocked a 52.3% monthly drop, adding to signs of a softening in the labour market, while second-quarter GDP…
Economists say lower commodity prices helped manufacturers increase margins and offset the impact of 250 basis points of cumulative interest…
Britain’s NCSC said that experts had not yet got to grips with the potential security problems
“In the last few years, we have seen an increase in the percentage of savings into equities in a big…
“We are very clear in our minds that we will buy oil from wherever we can get it as long…
But economic growth was likely to be robust at least until the end of the year as India heads into…
Markets are pricing in an 89% chance of the Fed standing pat at its meeting next month, the CME FedWatch…
“At the highest point earlier this week, the odds were near to 70% but bets got pared when job openings…
The government cut the price of cooking gas for households on Tuesday by about 18% to rein in inflation ahead…
The plan could lead to a recovery of about 70%-90% in US dollar equivalent for unsecured creditors
The yield on the 10-year Treasury note held steady at 4.215%.
The company is eyeing a new record of 50 million concurrent viewership during the World Cup, double the 2019 number,…
“During Aug. 30 to Sept. 3 the Managing Director will be visiting China to engage in bilateral discussions with China’s…
“We think it will be a better opening (for the rupee) than NDF is suggesting,” a forex trader at a…
