Iraq has banned eight local commercial banks from engaging in U.S. dollar transactions, taking action to reduce fraud, money laundering and other illegal uses of U.S. currency days after a visit by a...
Egypt’s Suez Canal revenue plunged by almost half in January, a top official said, after attacks by Yemeni militants on Red Sea vessels forced major shipping firms to avoid the waterway.Income was...
Meta will reward shareholders with its first-ever dividend and an additional $50bn in share buybacks as bumper fourth-quarter results sent its shares up by more than 14 per cent in after-hours...
Federal Reserve officials cemented the end of their aggressive campaign to push up interest rates, and sought to reset expectations for how soon and how fast they’ll cut this year as inflation...
US job openings unexpectedly rose in December to the highest level in three months while fewer Americans quit their jobs, indicating workers are growing more cautious even as labor demand remains...
China’s top economic official called on city authorities to follow through on measures compiled by national policymakers aimed at easing the nation’s property market downturn.“All cities need to make...
Federal Reserve policymakers may finally be right on the verge of cutting interest rates.Going into this week’s two-day policy meeting, which wraps Wednesday afternoon in Washington, investors are...
The US economy grew at a 3.3 per cent annualised rate during the final quarter of last year, capping off a strong 2023 that defied recession fears and prompted President Joe Biden to attempt to claim...
Two months of missile, drone and hijacking attacks against civilian ships in the Red Sea have caused the biggest diversion of international trade in decades, pushing up costs for shippers as far away...
Donald Trump put himself on the cusp of clinching the Republican presidential nomination after New Hampshire voters handed him a decisive victory in Tuesday’s primary.Trump comfortably dispatched his...