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Radio Free Europe/Radio Liberty (RFE/RI) is suing the administration of President Donald Trump to try to reverse an order canceling funding for the US-backed broadcaster. The media group’s president and CEO Stephen Capus said he believes the network has a “very strong case.” “It is an unlawful act to withhold the funds that have been
Updated March 19, 2025 04:01 PM EDT drnadig / Getty Images Key Takeaways The Federal Reserve held its key interest rate steady, as widely expected by financial markets. Fed officials have adopted a “wait-and-see” approach to interest rates as they wait for clarity on whether President Donald Trump’s trade wars will stoke inflation, push up
Here is what you need to know on Thursday, March 20: The US Dollar (USD) finds it difficult to outperform its rivals on Thursday as markets digest the Federal Reserve’s (Fed) policy announcements. The Bank of England (BoE) will release the interest rate decision later in the session and the US economic calendar will feature
Three banks that reported no provision shortfall in the first half of 2024 during Sheikh Hasina’s regime plunged into a staggering Tk51,616 crore shortfall in the second half of the year following the political changeover in August. Central bank officials attributed this to the revelation of accurate information regarding the health of the lenders, which
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin (DOGE) is flashing bullish signals despite the broader market retrace , as the number of wallets holding 1 million DOGE has surged considerably. With the Dogecoin millionaire club finally making big moves again, DOGE bulls are aiming for a sharp rebound
By Rae Wee SINGAPORE (Reuters) -Asia shares edged up on Thursday after a Wall Street rally as investor sentiment was lifted by the prospect that the Federal Reserve could still deliver two rate cuts this year, though the gains were limited by a pullback in Chinese equities. The Fed on Wednesday left rates unchanged in
Bitcoin surged past $86,800 on Wednesday, climbing nearly 5% as investors responded to signals of looser financial conditions from the Federal Reserve and growing expectations of a liquidity-driven rally. The Fed announced that it would slow the pace of reducing its $6.8 trillion balance sheet, capping the runoff of Treasury securities at $5 billion per
Indonesia has ratified controversial changes to its military law allowing armed forces personnel to hold more civilian posts, a move that analysts fear could usher in a resurgence of the military in government affairs. Activists in the world’s third-largest democracy have criticised the revisions, warning they signal a return to Indonesia’s “New Order” era, when