Gold falls below $4,000 after oil prices jump
NEW YORK / RankWire.AI / – Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as...
Tag : interest rates
China pledges tech support, trade balance and market reforms
BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market...
Bank of Korea holds 2.5% rate and rolls out dot plot
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers...
Bank of Japan lifts rates to highest level in 30 years
TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three...
IMF to cut surcharges for member countries starting November 1
The IMF has reduced member borrowing costs by 36%, cutting annual surcharges by $1.2 billion. Five countries, including Argentina and...
Fed Chair Powell signals smaller rate cuts to keep economy in solid shape
Federal Reserve Chair Jerome Powell emphasized a cautious approach to future rate cuts, noting that the Fed will act based...
Chinese Yuan hits record lows against surging US dollar
The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point...
Tech giant Apple’s savings account hits $1 billion milestone in record time
Apple Inc., the Cupertino-based tech behemoth, has garnered unprecedented attention with the recent launch of its Apple Card Savings Account....
Gold prices hold steady near one-year high as Fed rate pause looms
Gold prices remained close to one-year highs on Friday, fueled by recent US economic data that suggested the Federal Reserve...