News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Bloomberg |
Treasury wants Congress to re-appropriate $455 billion
CNBC LLC |
long-term impacts from the coronavirus pandemic; lost “generations of intellectual capital.” and we’re not going back to the same economy.”
Reuters |
Ant Group files for mega IPO
Bloomberg |
If Biden wins and eases sanctions, Iranian oil could swamp the world market.
European Central Bank |
The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively.
Forbs |
Navigation (or wayfinder) technology is hard. But it’s coming soon
Bloomberg |
Right sectors to invest include digital, pharma, tech
FEDERAL RESERVE SYSTEM |
The Committee expects to maintain an accommodative stance of monetary policy. The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
Bank of Canada |
Bank of Canada maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent.
Reserve Bank of Australia |
Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.