CBB introduces Bahrain Electronic Cheque System

Manama,The Central Bank of Bahrain (CBB) endeavors to maintain a leading position promoting digitalisation and increasing innovative financial services. As part of the ongoing efforts towards digital transformation a reality in the National Payment Sy...

World shares gain after technology-powered rally on Wall St

New York, Shares were mostly higher in Europe and Asia on Friday after technology companies powered the biggest rally on Wall Street since March, reports AP. Investors have been encouraged by strong earnings reports, as every S&P 500 company that has r...

Fed’s coming taper fans talk of renewed ‘reflation’ trade

New York, The Federal Reserve’s signal that it will soon unwind its bond buying program is bolstering the case in financial markets for the so-called reflation trade, which lifted Treasury yields and boosted shares of banks, energy firms and other econ...

UK retail sales growth slows to 6-month low in Sept – CBI

London, British retailers reported much slower growth in September after strong demand over the summer months, though shops expect a rebound in October despite growing supply chain difficulties, the Confederation of British Industry said on Friday. The...