interest rates Archives

China pledges tech support, trade balance and market reforms

baghdaddiary.comMarch 7, 2026March 9, 2026

March 7, 2026March 9, 2026

BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market reforms during a news conference...

Business

Bank of Korea holds 2.5% rate and rolls out dot plot

baghdaddiary.comFebruary 26, 2026February 27, 2026

February 26, 2026February 27, 2026

SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving...

Business

Bank of Japan lifts rates to highest level in 30 years

baghdaddiary.comDecember 20, 2025December 20, 2025

December 20, 2025December 20, 2025

TOKYO, December 20, 2025: The Bank of Japan on Friday raised its benchmark interest rate to the highest level in three decades, marking another milestone in...

Business

Chinese Yuan hits record lows against surging US dollar

baghdaddiary.comMay 9, 2023May 9, 2023

May 9, 2023May 9, 2023

The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point since 2011 and China’s domestic...

Business

Tech giant Apple’s savings account hits $1 billion milestone in record time

baghdaddiary.comMay 2, 2023May 2, 2023

May 2, 2023May 2, 2023

Apple Inc., the Cupertino-based tech behemoth, has garnered unprecedented attention with the recent launch of its Apple Card Savings Account. The introduction of this financial...

Business

Gold prices hold steady near one-year high as Fed rate pause looms

baghdaddiary.comApril 14, 2023April 14, 2023

April 14, 2023April 14, 2023

Gold prices remained close to one-year highs on Friday, fueled by recent US economic data that suggested the Federal Reserve may be nearing the end...