Economy

New Zealand’s economy likely eked out of recession in the fourth quarter of 2024, but growth remains sluggish, reinforcing expectations that the Reserve Bank of New Zealand (RBNZ) will continue…

British employers have not made any changes in pay increases in response to rising costs and an impending hike in payroll taxes, bringing wage growth back in line with inflation…

Santander has announced plans to close nearly a fifth of its UK branches as part of a broader network overhaul, putting 750 jobs at risk. The retail bank will shut…

The USD/ZAR exchange rate retreated on Monday morning as tensions between the US and South Africa rose. It dropped to a low of 18.20, 5.40% below the highest level this…

The USD/CHF exchange rate moved sideways on Monday morning as focus among investors shifted from the upcoming Swiss National Bank (SNB) and Federal Reserve interest rates decisions. It rose to…

The USD/JPY exchange rate tilted upwards on Monday morning as investors focused on the upcoming Federal Reserve (FOMC) and Bank of Japan (BoJ) interest rate decisions. It rose to a…

US President Donald Trump said he plans to speak with Russian President Vladimir Putin on Tuesday to discuss efforts to end the war in Ukraine. Speaking to reporters aboard Air…

US President Donald Trump said he plans to speak with Russian President Vladimir Putin on Tuesday to discuss efforts to end the war in Ukraine. Speaking to reporters aboard Air…

The US debt currently sits at around $36.6 trillion and the government is, once again, approaching its legal borrowing limit.With no clear plan to raise the debt ceiling, analysts warn…