Despite increased key interest rates from the European Central Bank (ECB), savers often only receive meager interest rates. According to the comparison portal Verivox, many savings banks and Volksbanks in Baden-Württemberg offer a maximum of 1.5 percent interest for overnight money with an investment amount of 10,000 euros. However, commercial banks receive 4.0 percent interest … Read more
Direct: US stock indices varied at the beginning of trading on Thursday, with investors’ assessment of the inflation data, which showed stability in the rate of price increases. At the beginning of the session, the Dow Jones index fell by 0.10% to 33,775 points, at 04:38 pm Mecca time, and the S&P 500 index stabilized … Read more
Live: US stock indices rose at the end of trading on Wednesday, with US 10-year bond yields declining to touch their lowest levels in two weeks, and the announcement of the Federal Reserve’s minutes, which indicated the possibility of increasing interest rates this year. The Dow Jones Industrial Average rose by 0.2%, or 65 points, … Read more
Live: The performance of European stocks varied at the end of trading today, Wednesday, with markets assessing the rise in producer price inflation in the United States more than expected during September, coinciding with a slowdown in inflationary pressures in the largest euro zone economies. The European Stoxx 600 index rose by 0.15% to 453.1 … Read more
Ahmed Al-Demerdash – live: UAE financial market indices rose at the end of trading on Wednesday, amid escalating unrest and geopolitical uncertainty in the Middle East region. According to UAE financial market data, the Dubai Financial Market’s gains amounted to 7.081 billion dirhams, while the Abu Dhabi Securities Market gained 14 billion dirhams, with a … Read more
direct: The general index of the Amman Stock Exchange witnessed a decline at the end of trading on Tuesday, by 0.7 percent, to reach the level of 2441.06 points, losing 17.24 points from its levels in yesterday’s session, Monday. Today, the index was affected by a decline in leading stocks. Jopetrol fell 2 percent, phosphate … Read more
Muhammad Shaker – Mubasher: The shares of Shuaa Capital, listed on the Dubai Financial Market, declined at the close of trading on Tuesday, recording the lowest closing since listing. At the end of today’s trading, the stock declined by 6.97 percent to a price of 0.271 dirhams. According to market data, the stock witnessed transactions … Read more
Noha Makram – Live – The dollar stabilized against its major counterparts on Tuesday, after halting its rise after Federal Reserve officials turned a somewhat dovish tone. Movements during the Asian session were weak, with traders awaiting more statements from Federal Reserve officials later in the day, as well as the minutes of the Fed’s … Read more
The Central Bank of Egypt directed banks operating in the country to stop using “direct debit cards” for customers abroad, and to limit their use inside Egypt only, without specifying the time period for implementing this directive, according to 4 heads of banks operating in Egypt who spoke to Al-Sharq. The verbal instructions to banks … Read more
El Economista – Mexico City As part of their sustainability strategies, some banks are turning towards the placement of green mortgages, which results in benefits for the environment, but also for customers, since they obtain different benefits from it. Although, according to bank executives, this issue is at an initial stage in Mexico, the trend, … Read more