Financial markets
US President Donald Trump's renewed call for the Federal Reserve to slash its benchmark interest rate to 1% in a bid to ease government borrowing costs and finance rising deficits could backfire, according to a detailed Reuters analysis. The move risks inflaming inflation expectations, undermining Fed credibility, and
Financial markets
In a move aimed at revitalizing the faltering call-money market, the Monetary Policy Department (MPD) of the Bangladesh Bank (BB) has cut the standing deposit facility (SDF) rate by 50 basis points to 8.0 per cent. The policy change, effective from July 16, 2025, aims to discourage the growing
Financial markets
Canada's underlying inflation remained persistently high in June, with the annual pace accelerating to 1.9 per cent, up from 1.7 per cent in May. The Bank of Canada's closely watched core inflation metrics remained around three per cent in June, a level that many
Financial markets
Simplify Asset Management, a US-based exchange-traded funds provider, has expanded its lineup of income-focused ETFs with the launch of the Simplify Government Money Market ETF (SBIL). This new fund aims to provide investors with current income consistent with liquidity and stability of principal by investing in cash, US government securities,
Financial markets
Ektettab Holding Company K.S.C. will release its consolidated interim financial results for the first half of the year ending June 30, 2025, on July 20, 2025. This announcement follows the guidelines set by the Capital Markets Authority Law, adhering to the disclosure and transparency obligations. The meeting, scheduled
Financial markets
Klotho Neurosciences, a gene and cell therapy company, has regained compliance with the minimum bid price and stockholders' equity threshold set by NASDAQ. The company's shares will remain listed and traded on the NASDAQ Stock Market after meeting the requirements. Klotho Neurosciences focuses on developing innovative cell
Financial markets
South African businesses face significant disruptions as the United States imposes a 30% tariff hike on a broad range of exports, effective from August 1, 2025. This move effectively ends South Africa's preferential access under the African Growth and Opportunity Act (Agoa), and will have far-reaching consequences for
Financial markets
Aman For Securitization, a key player in the Egyptian bond market, has announced the declaration of bond dividends for its fifth issuance, specifically Tranche D, maturing in August 2027. This move, in line with the company's financial calendar and commitment to stakeholders, underscores its ability to maintain investor
Financial markets
The ongoing saga between US President Donald Trump and Federal Reserve Chair Jerome Powell has escalated with the White House launching a pressure campaign against Powell over a $2.5 billion renovation of the Federal Reserve's headquarters. Trump has repeatedly stated he has no intention of firing Powell,
Financial markets
As President Donald Trump expressed a desire to remove Federal Reserve Chair Jerome Powell before his term ends in May 2026, citing dissatisfaction with the Fed's renovation expenditures and rate policies, the financial markets recoiled in shock. Trump's plan, which was met with a public walk-back,
Financial markets
Jianzhi Education Technology Group Company Limited, a leading provider of digital educational content in China, has successfully regained compliance with the Nasdaq Listing Rule 5550(a)(2) after receiving a notification from the Nasdaq on July 14, 2025. The company had previously received a warning letter on January 15, 2025,
Financial markets
The Securities and Exchange Commission, SEC, has issued a warning to the investing public regarding the activities of Forsman & Bodenfors Ltd. The commission has found that the company is not registered to operate in the capital market or to solicit funds from the public. Preliminary investigations have revealed that
