Tag: finance

BANGKOK (AP) — Asian shares were mostly higher Thursday after the Federal Reserve raised interest rates to their highest level in more than two decades, just as Wall Street expected. ( read original story ...)

The Shanghai Composite index was up 0.8% at 3,237,13 ... and revenue topped expectations. Boeing's stock rose 8.7%. In the bond market, the highlight was the Fed's move to raise its federal funds rate to a range of 5.25% to 5.50% in hopes of wrestling ... ( read original story ...)

Market sentiment in the Asia-Pacific region remains firmer, despite mixed closing of the Wall Street benchmarks, amid concerns supporting a sooner end to the rate hike spell at the major central banks. Adding strength to the optimism could be China’s upbeat industrial profits. ( read original story ...)

Any speculation concerning the discussion of new operations of the NDB in Russia is "unfounded," the bank said in a Wednesday statement. ( read original story ...)

In a significant move towards embracing the digital yuan, Industrial Bank, a Fuzhou-based joint-stock commercial bank, has introduced the country’s inaugural central bank digital currency ... ( read original story ...)

Although it is not hard to understand the Politburo statement’s focus on boosting the consumption of automobiles, electronic products, and household appliances, “activating” the mainland market is ... ( read original story ...)

The New Development Bank (NDB), the multilateral bank set up by the BRICS states, is not considering new projects in Russia as it operates in line with restrictions imposed in financial and capital ... ( read original story ...)