Financial Services

Global shares trend higher with focus on inflation data
Apr 12, 2023

Global shares trend higher with focus on inflation data

Global shares were mostly higher Wednesday, as investors watched for key inflation data likely to influence the Federal Reserve’s stance on interest rates


Companies skeptical about Egypt's push to ease industry ties
Apr 12, 2023

Companies skeptical about Egypt's push to ease industry ties

Egypt is embarking on a privatization push to help its cash-strapped government after pressure from the International Monetary Fund


IMF: Prolonged high inflation dims outlook for world economy
Apr 11, 2023

IMF: Prolonged high inflation dims outlook for world economy

The outlook for the world economy this year has dimmed in the face of chronically high inflation, rising interest rates and uncertainties resulting from the collapse of two big American banks


Swiss lawmakers pick apart Credit Suisse woes ahead of deal
Apr 11, 2023

Swiss lawmakers pick apart Credit Suisse woes ahead of deal

Switzerland’s parliament is opening a special session to scrutinize the state-imposed takeover of Swiss bank Credit Suisse by rival UBS


Small business owners feel the credit crunch
Apr 10, 2023

Small business owners feel the credit crunch

Small businesses are seeing the already-tough process of getting business loans get even tougher


New BOJ head says banks stable, rules out major policy shift
Apr 10, 2023

New BOJ head says banks stable, rules out major policy shift

The new governor of Japan's central bank has signaled, once again, that he plans no drastic changes in its ultra-low interest rate policy


Apr 10, 2023

Pakistanis living abroad sent $2.5 billion home in March

Pakistan's central bank says that Pakistanis living abroad sent $2.5 billion home in March, responding to the cash-strapped government’s appeal for more hard currency remittances


Wall Street slips after US jobs report raises rate hike fear
Apr 10, 2023

Wall Street slips after US jobs report raises rate hike fear

Wall Street is slipping Monday in the first trading for stocks after a report raised speculation the Federal Reserve may still tap the brakes a little harder on the economy


Yields, expectations for rate hikes rise after jobs report
Apr 7, 2023

Yields, expectations for rate hikes rise after jobs report

Yields are rising in the U.S. bond market following a highly anticipated report on the U.S. job market


Global shares mixed after Wall St dips on weak economic data
Apr 5, 2023

Global shares mixed after Wall St dips on weak economic data

Global shares were trading mixed Wednesday as Germany reported its factory orders surged in February, posting their third successive increase in another promising sign for Europe’s biggest economy



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.