Savers should be cheering higher interest rates. So why are they unhappy?
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
2023-07-06 15:55
Sri Lanka cuts key rates as expected amid slowing inflationary pressures
COLOMBO Sri Lanka's central bank cut its key rates by 200 basis points on Thursday, in line with
2023-07-06 10:29
RBA to raise cash rate to 4.35% in August, economists split on peak: Reuters poll
By Devayani Sathyan BENGALURU Australia's central bank will likely deliver a 25 basis point interest rate increase on
2023-07-06 08:25
Canada media guide
An overview of the media in Canada, including links to broadcasters and newspapers.
2023-07-04 23:45
Central bank surprises see June become bumper 2023 rate hike month
By Karin Strohecker and Vincent Flasseur LONDON The world's major central banks delivered in June the biggest number
2023-07-04 19:29
Australia's central bank holds interest rates at 4.1%
SYDNEY Australia's central bank on Tuesday held interest rates steady saying it wanted more time to assess the
2023-07-04 12:46
Malaysia central bank to hold key rate on July 6, may not resume tightening: Reuters poll
By Anant Chandak BENGALURU Malaysia's central bank will leave its key interest rate unchanged at 3.00% on Thursday
2023-07-04 08:21
Léon Gautier: Last French D-Day fighter dies aged 100
Léon Gautier is being remembered as a "defender of freedom" for his role opposing Nazi Germany.
2023-07-04 01:29
Italy media guide
An overview of the media in Italy, including links to broadcasters and newspapers.
2023-07-03 22:15
Mubadala-Backed UAE Lender Bulks Up With Ex-Citi, Natixis Hires
Abu Dhabi Commercial Bank PJSC has hired former Citigroup Inc. and Natixis SA bankers to key positions in
2023-07-03 17:24
Pirates-Brewers start time: Pirates rain delay update in Pittsburgh for July 1
Saturday's game between the Pirates and Brewers on July 1 was put under a rain delay. What is the new start time in Pittsburgh?The only thing standing between Saturday baseball and the Pirates or Brewers is the weather.Saturday's game was scheduled to begin at 4:05 p.m. ET but the ...
2023-07-02 04:23
#TwitterDown: Thousands of users hit with 'rate limit exceeded' error message
Thousands of Twitter users across several countries were unable to access the social media site, or faced difficulty and delays, Saturday.
2023-07-02 01:19