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Apr 29, 2019
Gold trading near one-week high, silver firm; weak US inflation data prompts Fed rate cut betsLower interest rates in the US put pressure on the dollar and bond yields, making greenback-denominated gold less expensive for holders of other currencies.
Jul 19, 2018
Rupee suffers 43-paise knock, posts life-time low of 69.05 against strong dollar; local issues spark jitters among investorsThis is the biggest single-day fall in the rupee since 29 May and goes hand in hand with a stronger US dollar
Feb 02, 2018
Arun Jaitley needs to consider all sides of the story before dismissing cryptocurrencies in IndiaIt is important to highlight the importance of decentralisation in the world of blockchain and how cryptocurrencies are a result of that.
Oct 13, 2017
SWIFT official reveals that hackers continue to target its bank messaging systemSWIFT, a Belgium-based co-operative owned by its user banks, has declined comment on the case, saying it does not discuss individual entities.
Apr 04, 2017
Kaspersky releases more evidence that North Korea was linked to Bangladesh SWIFT hackCyber security firm Kaspersky Lab on Monday said it had obtained digital evidence that bolsters suspicions by some researchers that North Korea was involved in last year's $81 million cyber heist.
Dec 14, 2016
Philippines bank RCBC says that it did nothing wrong, Bangladesh Bank responsible for the cyber heistThe Philippines bank through which $81 million stolen from Bangladesh's central bank was channelled in February said on Tuesday that the central bank was responsible for the heist, and so any liability should not be passed on.
Mar 11, 2016
Bangladesh central bank working to recover &100 mn from US accountThe Bangladesh central bank says it is working to recover some $100 million it lost from an account at the Federal Reserve Bank of New York.
Jan 17, 2014
How deflation can spoil the global stock market rallyOnce countries get into what is known as a deflationary spiral, it is very difficult for them to get out. Japan is an excellent example of the same. The country has been trying to come out of a low inflation/deflation kind of scenario for close to two decades now, without much success.
Jun 18, 2013
Obama looking for new Fed chief? Says Bernanke stayed longer than plannedExpanding on Obama's remarks, a White House official said Obama's remarks were reflecting his admiration for the length and depth of Bernanke's commitment to serve as Fed chair in a difficult period and at a significant personal sacrifice.
Oct 19, 2012
Another man with links to NY bomb plot arrestedUS authorities said a man arrested in San Diego on child pornography charges was linked to plot by a Bangladeshi man to set off a bomb at the Federal Reserve Bank of New York.