China cuts lending rates for the first time in 7 months
20 May 2025 09:24
China lowers loan rates for the first time in seven months, in a bid to shield its domestic economy.
Trump reverses course on Powell dismissal, US stock market surges
23 Apr 2025 09:27
Trump confirms Powell will remain at the Fed. US stock markets rebound sharply.
US dollar index falls to 98.6, lowest level in three years
21 Apr 2025 15:08
US dollar index hits a new three-year low amid mounting concerns over the Fed's independence.
China’s central bank orders state banks to halt dollar purchases
09 Apr 2025 15:39
China’s central bank orders state-owned banks not to buy US dollars amid yuan’s drop to 7.3505/USD.
US-China trade war escalates, gold price hits all-time high
11 Apr 2025 09:24
Global spot and domestic gold prices have reached their highest levels in history.
Goldman Sachs raises gold price forecast to USD 3,100
19 Feb 2025 08:29
Increased gold stockpile in central bank drives gold prices up until year-end.
5 central banks to complete Nexus Project blueprint
01 Jul 2024 15:53
Five central banks in Southeast Asia complete the blueprint of Nexus Project Phase III, involving the standardisation of connectivity method of Instant Payment System (IPS).