US regional banks preparing for higher capital requirements will get some relief from the Federal Reserve’s jumbo rate cut. As lenders gear up to report third-quarter earnings this month, monetary…
“God gave Noah the rainbow sign, no more water, the fire next time.” AS Pakistan’s difficulties in meeting its external payment obligations deepen, its elitist policymakers, both past and present,…
Markets have raced ahead of the US, euro zone and UK central banks to price in sizeable and frenetic interest rate cuts next year, fueling a so-called everything rally that…
Heading into 2024, analysts say the US recession they’d been forecasting for two years isn’t coming anymore. Everyone else, from companies to investors, is still bracing for a slowdown caused…
Tokyo banking stocks stood within sight of decade highs last week, testing the top of a range that has bound them since the 2008 global financial crisis — then Silicon…
Islamic banking aligns with the spirit, ethos, and value system of Islam and is governed by the principles laid down by Islamic Shariah. At the core, it is Riba-free banking…
Pakistan is a country of contradictions. When we count the population for the purposes of allocation of seats in the assemblies and allocation of funds under the National Finance Commission…
The new governor of Turkey’s central bank, Naci Agbal, said he does not expect it to begin considering cutting interest rates from 17% until much later this year given upward…
As civil war engulfs Yemen, the central bank is so committed to staying neutral that it pays salaries of soldiers on both sides. The bank distributes money to public-sector workers…
Pakistan is nestled in the southern part of Asia, sitting precariously between Afghanistan, India, Iran, and below China, with the Arabian sea lapping on its southern shores and the Himalayas…
