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Philippine Central Bank Hikes Rates By 25 Bps

India, June 18 -- The Philippine central bank lifted its key interest rates by 25 basis points on Thursday to control inflation expectations and mitigate the risk of second-round effects. The Monetar... Read More


European Shares Decline On Rate-hike Worries

India, June 18 -- European stocks were moving lower on Thursday after the U.S. Federal Reserve left interest rates unchanged as widely expected, but the latest set of projections suggested there could... Read More


Italy Current Account Surplus Grows In April

India, June 18 -- Italy's current account surplus increased in April from the previous year, the Bank of Italy reported Thursday. The current account surplus rose to EUR 2.3 billion in April from EUR... Read More


U.S. Dollar Advances Amid Concerns Over Fed Rates, Crude Oil Output Delay

India, June 18 -- The U.S. Dollar value edges higher following the projections by the Federal Open Market Committee which indicated a higher interest regime for the rest of the year. Concerns over oil... Read More


Intel Stock Jumps On Reported Apple Chip Partnership

India, June 18 -- Intel Corp. (INTC) saw a big jump in its shares on Thursday after President Donald Trump announced that the semiconductor giant had struck a deal with Apple Inc. (AAPL) to design and... Read More


Canadian Stocks Slide Amid Reopening Of Strait Of Hormuz, Higher U.S. Interest Rate Concerns

India, June 18 -- Canadian stocks edged lower on Thursday amid by a decrease in crude oil prices due to the reopening of the Strait of Hormuz and a plunge in gold prices due to the possibility of high... Read More


Nasdaq, S&P 500 Rebound Strongly On Signing Of U.S.-Iran Deal

India, June 18 -- After coming under pressure late in the previous session, stocks showed a significant move back to the upside in early trading on Thursday and continued to turn in a strong performan... Read More


Swiss Central Bank Keeps Rate Unchanged At 0%

India, June 18 -- The Swiss National Bank left its policy rate unchanged on Thursday, despite rising inflation. The central bank left its policy rate at zero percent, in line with market expectations... Read More


California Poised For Tax Windfall From SpaceX, OpenAI And Anthropic IPOs

India, June 18 -- California stands to gain a significant increase in tax revenue from the recent SpaceX initial public offering, along with the upcoming public listings of AI companies OpenAI and Ant... Read More


UK Unemployment Rate Drops

India, June 18 -- The UK unemployment rate dropped in the three months to April and wages grew more than expected, official data revealed Thursday. The jobless rate fell to 4.9 percent in the three m... Read More