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Global Market
The Federal Reserve raised interest rates by 25 basis points (bps) Wednesday for the first time in several years in the face of stubborn inflation.
China’s Foreign Reserves Hit 10-Year High at $3.428trn China’s foreign exchange reserves totalled 3.4278 trillion…
The default rate in Fitch Ratings’ portfolio of U.S. privately monitored ratings (PMR) rose to a new high of 9.2% in 2025, up from 8.1% in 2024.
The European Union (EU) and the Gulf Cooperation Council (GCC) have strongly condemned what they described as unjustifiable Iranian attacks on GCC countries, saying the action threatens regional stability and global security.
British Pound Climbs Amidst Downgraded UK Growth Forecast The British pound or sterling has risen…
Iranian drones struck Saudi Arabia’s Ras Tanura refinery on Monday morning, while Kuwait reported intercepted attacks on day three of Iran’s retaliatory strikes on countries in the region.
Global equities markets closed on a mixed note as investors sought sanctuary in the UK, trimming holdings in tech-heavy U.S. and EU benchmarks.