Washington, April 15 (IANS) Global financial markets have remained resilient despite volatility triggered by the Middle East conflict, the International Monetary Fund said and warned that rising debt levels and limited policy space could amplify risks if conditions worsen.Presenting the latest Global Financial Stability Report, IMF Financial Counsellor Tobias Adrian said markets have so far absorbed geopolitical volatility without major disruption. “The financial system has been resilient so f…
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New Delhi, April 9 (IANS) Former captain and Bangladesh Cricket Board (BCB) chief Tamim Iqbal reflected on the decision to substantially increase domestic match fees and salaries of men and women cricketers, saying players had long been “highly underpaid” and warranted better financial acknowledgement. This decision marks the first move by the Tamim-led ad hoc committee, which began its work earlier this week, providing much-needed relief to Bangladesh’s domestic cricketers, especially in …
Seoul, March 26 (IANS) Market interest rates could face significant upward pressure if the conflict in the Middle East persists amid rising inflationary pressures and growing concerns about global monetary tightening, the central bank said on Thursday.The Bank of Korea (BOK) issued the warning in its latest financial stability report, as U.S.-Israeli strikes on Iran that began late last month have escalated into a broader regional conflict, reports Yonhap news agency.”If tensions in the Middle E…
Washington, Feb 6 (IANS) A sharp partisan clash over inflation, bank regulation and financial stability dominated a Senate Banking Committee hearing on as Treasury Secretary Scott Bessent defended the administration’s economic record and the Financial Stability Oversight Council’s 2025 annual report.Stressing growth and affordability, Committee Chairman Tim Scott warned against policies that burden households. “A system that slows growth, limits opportunity or prices families out of basic …