Savers should be cheering higher interest rates. So why are they unhappy?
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
2023-07-06 15:47
Thames Water May Run Out of Money By April, Group Auditor Warns
Thames Water’s parent company may run out of money by April if shareholders don’t inject more equity into
2023-12-02 16:26
Blackstone China unit gets nod to raise funds for overseas investments
By Roxanne Liu and Selena Li Blackstone's newly established China unit has received regulatory approval to raise funds
2023-08-24 12:20
College football rankings 2023: 5 teams in Top 25 who will be the first to lose
The preseason college football rankings have been set with the AP Top 25 announced. Which ranked teams will be the first to lose this season?The AP Top 25 rankings have arrived right on schedule with the 2023 college football season set to kick off in just a couple of weeks.Last year, nine t...
2023-08-15 07:24
Africa hears pledges but little action at IMF-World Bank talks
Pummelled by debt, poverty and natural disasters, African nations heard many pledges of support but saw little action at the first IMF-World Bank talks to be...
2023-10-14 22:22
Mohbad death: Nursing assistant is prime suspect in Afrobeats star's death - police
For the first time, police laid out the chain of events leading to Mohbad's death.
2023-10-07 01:18
Yellen, UK's Hunt discussed 'joint actions to deny Russia revenue' -US State Dept
U.S. Treasury Secretary Janet Yellen met with U.K Chancellor of the Exchequer Jeremy Hunt on the sidelines of
2023-10-14 09:25
Hong Kong’s New Crypto Regime Awards First Exchange License to HashKey
The first license under Hong Kong’s new crypto regime went to HashKey Exchange, legalizing the retail trading of
2023-08-03 13:20
Weeks into the war, how much closer is Israel to its goal?
Israel wants to destroy Hamas, but there are questions over whether that is achievable.
2023-11-10 10:00
Julian Sands' cause of death officially ruled as 'undetermined'
The cause of death for British actor Julian Sands, who went missing in the mountains of Southern California in January and was later found dead, has been cited as "undetermined," CNN has confirmed.
2023-07-25 06:59
China's central bank cuts short-term borrowing cost for first time since Aug
SHANGHAI/SINGAPORE China's central bank lowered a short-term lending rate for the first time in 10 months on Tuesday,
2023-06-13 10:27
Israeli forces raid a West Bank town, sparking a firefight that kills a Palestinian teacher
Palestinian health officials say that the Israeli military has raided a Palestinian town in the northern West Bank, besieging an apartment and sparking a gunfight with local militants that killed an apparently uninvolved Palestinian teacher
2023-09-01 22:55
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