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Bank of America (BofA) said on Wednesday it planned to increase its quarterly common stock dividend to 24 cents per share from 22 cents per share beginning in the third quarter of 2023. ....
Australia's central bank will likely deliver a 25 basis point interest rate increase on Aug. 1 following a pause on Tuesday according to economists in a snap Reuters poll who were split on when and where the cost of borrowing would peak. ....
Sri Lanka cut its key interest rates for the second consecutive month on Thursday as inflation tapered after last year's devastating economic crisis and the focus returned to reviving economic growth following a bailout from the International Monetary Fund (IMF). ....
Australian retailers are in for a sombre period this fiscal year as high interest rates squeeze household budgets, especially for discretionary spending, Citigroup said on Thursday, with expected further rate hikes likely to dent confidence even more. ....