New York leads the list, with London in second place and Hong Kong in third in the Global Financial Centres Index.

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...

Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

The record return of 2.511 trillion kroner ($222 million) for Norway's mammoth sovereign-wealth fund in 2024 could have been even bigger if the fund's managers hadn't gotten nervous about the ...

The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on ...

World Bank President Ajay Banga said boosting access to electricity is the key to unlocking the demographic dividend in the ...

The World Bank-funded project coincides with the Digital Pakistan Policy and aims to transform how the government delivers ...

Some $35 billion is aimed at building small solar sites in rural areas and other improvements. The World Bank chief called ...