Economy
World’s central banks brace for intense policy decisions in March
Fed, European Central Bank, and Bank of Japan expect to maintain rates, Bank of England to cut, while Australia to hike rates, as investors closely monitor changes for future policy guidance
World’s central banks brace for intense policy decisions in March
Fed, European Central Bank, and Bank of Japan expect to maintain rates, Bank of England to cut, while Australia to hike rates, as investors closely monitor changes for future policy guidance
Norway’s $2.2T sovereign wealth fund posts $248B gain last year on tech rally
Equities deliver 19.3% return, while renewable infrastructure also post double-digit gain, with nearly 40% allocation to US stocks paying as AI optimism, rate cuts boost markets
Eurozone inflation expectations fall in January: ECB
12-month outlook drops to 2.6%, while longer-term expectations remain stable
AI advances rattle software sector, fuel market turmoil
After replacing workers, new wave of autonomous AI tools start replacing entire software products, as traditional software-as-a-service sector sees its worst period since 2008 financial crisis
Japanese ratings agency upgrades Türkiye’s sovereign credit rating
R&I raises long-term foreign currency rating to BB with stable outlook
IMF approves $8.1B loan for Ukraine to support its post-war recovery
Funding forms part of a broader $136.5 billion international support package aimed at sustaining Ukraine’s economy amid ongoing conflict, says International Monetary Fund