The Bank of Japan (BOJ) has once again kept its interest rate negative at minus 0.1%, the regulator said in a statement following the meeting.

The People's Bank of China lowered its key rate by 10 basis points. It did so shortly before the publication of the country's GDP data.

European banks shares gained 10% in early January, growing nine days in a row.

US Federal Reserve Chairman Jerome Powell said that he was ready to start raising interest rates to avoid overheating the economy. However, he expressed optimism that supply-chain disruptions will be…

Oil and gas investments globally will grow by 4% this year from 2021 to $628 billion, according to analysts at Rystad Energy.

Developing countries such as Russia, Brazil and South Africa should prepare for a rise in US interest rates that would lead to economic turbulence, capital outflows and depreciation of their…

PayPal is thinking of launching its own cryptocurrency with a stable price. A reference to "PayPal Coin" and the logo of the future digital currency, pegged to the U.S. dollar,…

Bitcoin could reach a value of $100,000, Goldman Sachs expects. It believes this is possible if the cryptocurrency can take market share away from gold.

US Federal Reserve chiefs signaled growing discomfort with the high inflation rate at the December meeting of the Federal Open Market Committee, where a shift to an earlier date for…

Analysts at the International Monetary Fund have identified the risks of central banks actively engaging in a green transition. In their assessment, this could lead to excessive volatility in financial…

Mexican oil company Pemex intends to significantly reduce oil exports next year to 435,000 barrels per day, ending it already in 2023, the company's head Octavio Romero said.

This year could be the worst for bond investors in more than 20 years. Yields on these securities have fallen due to rising global inflation. A bad period in the…

Emergence of the omicron coronavirus strain in the past few weeks has pushed the number of infections in the US to record highs, disrupting holiday travel plans as well as…

The South Korean authorities will release 3.17 million barrels from the state's oil reserves from next month to help stabilise fuel prices, KBS television reported, citing a government decision.

Nureddin Nebati, Turkey's Treasury and Finance Minister, has proposed new restrictions governing Turkish lira deposits indexed in foreign currencies, in order to protect the country's citizens from exchange rate volatility.

US sportswear manufacturer Nike has acquired virtual sneakers and collectibles maker RTFKT, according to a company press release.

International rating agency Fitch Ratings downgraded its global GDP growth forecast for the year to 5.7% from the 6% forecast in September, the agency said in its December global economic…

Despite the rapid development of renewable energy sources, oil and gas will remain the world's primary sources of energy until 2045, with their proportion of the global energy mix remaining…