The Spectator

Tag : financial stability

Business

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

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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 economic momentum and ongoing financial stability concerns. The Bank of...
Business

Argentina settles U.S. Treasury swap obligation in full

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MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury, completing the repayment by the end of December 2025, according...
Business

IMF says India’s growth resilient with inflation stable

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NEW DELHI, November 29, 2025: India’s economic growth remains among the strongest globally, with inflation contained and domestic demand sustaining expansion despite global uncertainties, the International Monetary Fund (IMF) said in its latest annual assessment...
Business

Swiss National Bank cuts interest rates by 25 basis points again

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MENA Newswire News Desk: The Swiss National Bank (SNB) announced a 25 basis point cut to its policy rate on Thursday, bringing it down to 1.00%, marking the central bank's third reduction in 2024. The...
Business

Breaches of criminal law in Credit Suisse-UBS merger to be probed by Swiss prosecutor

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Switzerland's Federal Prosecutor is investigating potential breaches of criminal law by officials involved in the state-backed takeover of Credit Suisse by UBS Group, which was announced last month. The prosecutor's office is examining the deal...