Finance

On December 19, the board of the International Monetary Fund (IMF) confirmed it had completed its second and third reviews of Ecuador’s performance under its 2019 economic programme. The completion of these reviews has allowed the Ecuadorian authorities to draw […]

Sales volumes fell 0.3% month-on-month in December, the Office for National Statistics said Friday, versus the 0.4% increase forecast in a Reuters poll of economists. Following the Friday release, markets priced in a total of more than 75 basis points […]

The Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit reports, alleging the company failed to conduct proper investigations of disputed information, the federal watchdog announced Friday. “Equifax ignored consumer documents and evidence submitted with disputes, allowed previously […]

Spanish Prime Minister Pedro Sanchez on Monday proposed a package of measures aimed at alleviating a shortage of homes, high rents and rising house prices across the country, with foreign home buyers and mass tourism seen as contributing to housing […]

The U.S. dollar is surging to historic highs, right as President-elect Trump is about to take office. We hit 110 on the Dollar Index this morning (which measures it against a basket of other major currencies). To put that into […]

Saudi Arabia is pushing ahead to put itself on the global critical minerals map, announcing a number of deals, investment plans and discoveries at its annual Future Minerals Forum in the capital Riyadh. Saudi Vice Minister of Mining Affairs Khalid […]

Canada has drawn up an initial list of C$150 billion ($105 billion) of US-manufactured items that it would hit with tariffs if President-elect Donald Trump decides to levy tariffs against Canadian goods, according to an official familiar with the matter. […]

BankDhofar is honored to announce its recognition as “Oman’s Best Trade Finance Provider 2025” by Global Finance, a prestigious accolade that underscores the Bank’s unwavering dedication to delivering innovative, customer-focused digital trade finance solutions. This milestone reflects BankDhofar’s commitment to advancing the […]

C2FO, the world’s on-demand working capital platform, announced that in December it had surpassed $400 billion in lifetime funding to its customers and achieved $1 billion of daily funding for the first time. These milestones reflect a significant shift in the business financing […]

TOKYO (Reuters) – Japan Finance Minister Katsunobu Kato on Wednesday reiterated that the government would take appropriate action against excessive moves on the foreign exchange market. “The government has been alarmed over foreign exchange moves, including those driven by speculators,” […]