[WASHINGTON] Black-owned businesses have been hardest hit by the coronavirus pandemic and there are stark disparities in their ability to access US government aid, the New York Federal Reserve...

[WASHINGTON] The US economy could benefit if the nation were to "lock down really hard" for four to six weeks, a top Federal Reserve official said on Sunday, adding that Congress can well afford...

CURRENCIES

THE euro retreated on Thursday after a two-month rally against the US dollar, as Germany reported disappointing economic output for the second quarter and the Federal Reserve maintained its...

THE Monetary Authority of Singapore (MAS) announced on Thursday that it will continue to provide US dollar (USD) through the extension of the US$60 billion swap facility with the US Federal...

GOLD paused after rallying for nine days to a record as investors weighed comments from the Federal Reserve on uncertainties over the economic recovery amid the coronavirus pandemic.

THE surge in US Covid-19 cases is beginning to weigh on economic activity, the head of the Federal Reserve said on Wednesday, and he promised the US central bank would "do what we can, and for as...

[WASHINGTON] The surge in US coronavirus cases is beginning to weigh on economic activity, the head of the Federal Reserve said on Wednesday, and he promised the US central bank would "do what we...

THE Monetary Authority of Singapore (MAS) announced on Thursday that it will continue to provide US dollar (USD) through the extension of the US$60 billion swap facility with the US Federal...

[WASHINGTON] The US Federal Reserve said on Tuesday it will extend several of its lending facilities through the year-end as the central bank continues to dial back expectations on how quickly the...

[WASHINGTON] The Federal Reserve is set to meet this week ahead of a key GDP estimate as new data shows recovery in US manufacturing, although surging coronavirus cases threaten the economy's...