IMF issues advisory on sovereign wealth funds as value increases
Sovereign wealth funds need stronger legal frameworks as their size, investment scope and mandates continue to expand, the International Monetary Fund (IMF) has...
Daily Forex News & Market Updates
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Our forex market news feed brings together current developments that may influence currency prices and trader sentiment. Check the latest forex updates throughout the trading day and follow important economic and financial news affecting the global forex market.
LemFi and BVNK Rebuild Remittance Rails with Stablecoin Settlement in Kenya
Africa · Eastern Key Facts —The partnership. LemFi will route cross-border settlement through BVNK’s regulated stablecoin infrastructure, bypassing traditional...
XRP News: Pepeto Presale Gains Speed as Crypto Markets Digest North Korea Hack Fallout
The crypto industry just received a reminder that its biggest threats still operate from inside national intelligence agencies. North Korean authorities arrested a...
IMF chief says Argentina is better positioned to meet debt obligations under Milei
International Monetary Fund Managing Director Kristalina Georgieva praised President Javier Milei’s austerity policies during a visit to Buenos Aires. She said...
IMF boss hails 'much sounder' Argentine economy under Milei
Kristalina Georgieva's visit came at a mixed moment for Argentina's economy, with inflation easing but still at 33.5% year on year.
Global Market: ECB may need more rate hikes to curb inflation risks, says Kazimir
Slovak central bank governor Peter Kazimir warned that the European Central Bank may need to raise interest rates at least once more to control inflation. He...
Forex: $159.17 to one US dollar
KINGSTON, Jamaica — The United States (US) dollar on Monday, July 27, ended trading at $159.17, down by 19 cents according to Bank of Jamaica’s daily exchange...
US stocks mixed, oil and Treasury yields drop
Stocks on Wall Street were mixed on Monday while oil prices tumbled and Treasury yields dropped after the United States and Iran paused strikes over the weekend...
Rupee rises 35 paise to 95.64 against US dollar in early trade
The Indian rupee strengthened significantly against the US dollar in early trade. Lower crude oil prices and easing geopolitical tensions boosted the rupee's...
Wall Street ends mixed as investors focus on tech earnings
Investors are questioning whether a multi-year rally fuelled by optimism about artificial intelligence may be losing steam.
