Bank of Canada maintains 2.25% overnight rate amid global uncertainty, reflecting cautious economic approach.

The AMARA Hall of Fame Awards scheduled at New York’s Lincoln Center in September 2026 have been postponed due to geopolitical tensions, travel concerns and global uncertainty.

News about MSI Press authors; Excerpts from MSI Press authors' books; Carl's Cancer Compendium information; tips for authors

Government looks to preserve macroeconomic stability and support economic growth as global uncertainty grows, Finance Minister Gordana Dimitrieska-Kocoska says.

Despite growing global uncertainties, the CIS region has entered the new year in better shape than previously expected.

KUALA LUMPUR: Malaysia is entering a phase of global uncertainty in a strong economic position, according to Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour. Speaking to CNBC, he said the country’s economic performance in the third and fourth quarters of last year exceeded expectations, with growth reaching 5.2 percent compared to initial projections of around 4.4 to 4.8 percent. He said the strong economic fundamentals helped Malaysia face current uncertainties, including the impact of conflicts in West Asia on global energy prices. “Malaysia enters this situation from a strong position, with economic fundamentals that help us weather the […]

Tata Consultancy Services delays salary hikes due to global uncertainty. The company reports an increase in attrition and plans hiring based on business needs.

Gold prices hit a record $3,106/oz amid US tariff concerns. Experts predict $3,500 in 18 months as RBI and investors boost holdings.

By Lucy Craymer WELLINGTON (Reuters) -The hit to New Zealand confidence caused by global uncertainty will fade as businesses get used to a time of heightened economic policy unpredictability, the chief economist at the country’s central bank said on Friday. Paul Conway, chief economist at the Reserve Bank of New Zealand, said the confidence shock will pass and business will “just get on with it.” "I fully expect uncertainty to persist into the future but to some extent, we get used to it,” Conway told Reuters in an interview. "We can’t sort of wait and see what’s going to happen…forever," he said. He added the central bank’s decision to cut the cash rate by 25 bps this week to 3.0% and flag further cuts was encouraging businesses to get on with it. At its decision on Wednesday, the central bank highlighted weakness in both consumer and business confidence and the impact that this was having on spending as being one factor of concern for the economy. Governor Christian Hawkesby has said the impact of this uncertainty had been greater than the bank thought. The U.S. has placed a 15% tariff on goods being imported from New Zealand, which was worse than the 10% initially signalled but not as bad as many other trading partners. Conway said the changes to tariff rates were creating uncertainty and that is like “another shock on top of the tariff in the first place.” “Those types of factors are ... causing businesses to be a little more reticent, households to be a little more reticent and that’s perfectly rational,” he said. The central bank decision to cut by 25 bps was not unanimous with two of the six board members voting to cut by 50 bps. Conway said one member was "particularly keen" on a hold but ultimately the committee decided only to vote on cutting. The member was concerned it "could sort of morph into more persistent inflation pressure," he said. Successful investors know to check multiple angles before making their move. InvestingPro's three powerful features work together to give you that edge: ProPicks AI runs 80+ stock-picking strategies, including Tech Titans, which doubled the S&P 500's performance in just 18 months! Fair Value combines 17 proven valuation models to help you spot overpriced stocks and undervalued gems. And WarrenAI delivers instant insights on any stock. Ask questions, get vetted answers backed by real-time data (unlike ChatGPT). Our subscribers use all three to identify stocks before double-digit gains and avoid costly mistakes. But with 50% during our Summer Sale, even if you only use one of these features the value pays for itself. Sale ends soon—don't wait until prices go back up.

Investing.com - India’s economy remains resilient despite global uncertainty stemming from trade and geopolitical tensions, according to the Reserve Bank of India (NSE:BOI)’s monthly bulletin released Wednesday. The RBI highlighted that various high-frequency indicators for May 2025 point to robust economic activity across India’s industrial and services sectors, even as the global economy faces significant challenges. The central bank recently cut its key policy rate by 50 basis points, exceeding market expectations, and reduced the reserve ratio for banks. Agricultural production showed broad-based increases across most major crops during 2024-25, contributing to the economy’s strength. The RBI noted that India’s domestic price situation remains favorable, with headline inflation staying below the target for the fourth consecutive month in May. Financial conditions in India remain conducive to facilitating efficient transmission of rate cuts to the credit market, according to the bulletin. The central bank indicated that trade policy outcomes in July, after the temporary tariff hiatus ends, along with geopolitical developments, would likely shape medium-term economic prospects. The RBI’s Monetary Policy Committee stated it would remain data-dependent in charting the future course of monetary policy to strike an appropriate balance between growth and inflation. This approach comes as the central bank focuses on supporting growth amid volatile global conditions while inflation remains under control. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios fueled by AI stock picks with a stellar performance this year... In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if CBI is on your watchlist, it could be very wise to know whether or not it made the ProPicks AI lists.

By Olesya Astakhova and Darya Korsunskaya MOSCOW (Reuters) -Russia needs to boost its fiscal reserves in the face of global turbulence to ensure at least a three-year coverage of budget spending if the oil price remains low for an extended period, Finance Minister Anton Siluanov said on Wednesday. Currently, the budget rule stipulates that oil revenues above the ’cut-off’ price of $60 per barrel are sent to the rainy day National Wealth Fund (NWF). The liquid part of the fund, held in cash, is then used to cover budget shortfalls. Siluanov told an annual meeting of ministry staff that the current ’cut-off’ price does not meet new challenges, calling for its revision to boost contributions to the rainy day fund. He called for a new rule to "bring the liquid assets of the NWF to a level that ensures three years of uninterrupted financing of expenditures in the event of stress in the oil market." The NWF has become the main source of financing Russia’s persistent budget deficit. The fund’s liquid assets have dropped by about two-thirds to just $39 billion from $112.7 billion before the Ukraine conflict. "The current global situation requires special attention to the resilience of public finances to various scenarios of global economic development," Siluanov said, referring to concerns over the global economy due to trade wars triggered by U.S. President Donald Trump’s tariffs. Revision to the ’cut-off’ price could also put downward pressure on the rouble, which is up by 38% against the U.S. dollar this year, as the state will buy foreign currency, predominantly yuan, to replenish the fund. Russia has cut its forecast for the average price of Brent crude in 2025 by nearly 17% from an estimate last September, according to documents obtained by Reuters. The country has also reduced its forecast for 2025-2027 oil and gas export revenues due to weaker oil prices, expecting proceeds to fall by 15% this year, according to the documents. This places additional strain on the budget, already burdened with high defence spending. "The main risk now is the escalation of trade wars and, consequently, the reduction of export opportunities for countries, including Russia," Siluanov said. Which stock should you buy in your very next trade? With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

KUALA LUMPUR, June 10 — Bursa Malaysia closed in positive territory on Wednesday, outperforming several regional markets as investors shifted towards defensive sectors, particularly banking stocks, amid renewed weakness in global technology shares and escalating geopolitical tensions in West Asia. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 3.46 points to finish at 1,678.96, … The post Bursa Malaysia Ends Higher as Banking Stocks Lift Market Amid Global Uncertainty first appeared on Wilayah.com.my.

PUTRAJAYA: Malaysia is maintaining a positive outlook on its economic growth for the year, even as global uncertainties and supply chain disruptions continue to pose challenges to many economies worldwide. Economy Minister Akmal Nasrullah Mohd Nasir said the government’s confidence is anchored in the country’s strong economic fundamentals and the resilience built through previous fiscal …