Finans

Illustration of Banxico's interest rate cut to 6.75% amid market declines, peso depreciation, surging oil prices, and Middle East tensions including US-Iran conflict and Strait of Hormuz closure.

Banxico cuts interest rate to 6.75% despite inflation and Middle East tensions

26 mars 2026 Rapporterad av AI Bild genererad av AI

Mexico's central bank cut its benchmark rate to 6.75% in a split decision, as global markets closed lower amid the US-Iran war. The BMV fell 1.65%, and the peso depreciated 1% against the dollar. Oil prices rose due to the Strait of Hormuz closure.

Juan Carlos Echeverry to assume Banco de Bogotá presidency in May

Banco de Bogotá's Shareholders' Assembly confirmed Juan Carlos Echeverry Garzón as its new president starting May 6, replacing César Prado. Echeverry, with extensive experience in public and private sectors, takes over while Jorge Castaño Gutiérrez serves as interim president.

Sánchez appoints Cuerpo first vice president and España finance minister

26 mars 2026 Rapporterad av AI

Prime Minister Pedro Sánchez has appointed Carlos Cuerpo as first vice president and Arcadi España as finance minister to replace María Jesús Montero, who will run as PSOE candidate in the Andalusian elections on May 17. Sánchez keeps Economy and Finance separate, betting on technical profiles amid an economic crisis from the war in the Middle East.

Afrika

Finance minister seeks closer cooperation with Mostakbal Misr for economic growth

Asien

Vigilance files FIR against Kotak Bank officials over Panchkula's Rs 150 crore FDR mismatch

Amerika

One-year TES rates hit record 13.494%

PDD Holdings profit slides 11% amid reinvestment push

PDD Holdings, the operator of Pinduoduo and Temu, reported an 11% drop in quarterly profit to 24.5 billion yuan on Wednesday, despite higher sales, as it shifts toward greater reinvestment. Full-year net profit fell 12% to 99.3 billion yuan, while revenue rose 10% to 431.8 billion yuan.

Court of appeal rejects bid to freeze Mike Sonko's Ksh 537 million

25 mars 2026 Rapporterad av AI

The Court of Appeal has upheld a High Court ruling ordering the Assets Recovery Agency (ARA) to unfreeze bank accounts linked to former Nairobi governor Mike Sonko. The decision, delivered on March 25, 2026, dismissed ARA's appeal for lacking merit. The accounts, holding over Ksh 537 million, had been frozen over suspected money laundering.

Zegna Groups intäkter sjönk med 1,5 % under 2025

Ermenegildo Zegna Group rapporterade en intäktsminskning på 1,5 % på årsbasis för 2025, fram till den 31 december, till 1,92 miljoner euro. Trots nedgången steg vinsten med 20 % och direktförsäljning till konsument utgjorde 82 % av de totala intäkterna. Företaget lyfte fram osäkerheter kopplade till utvecklingen i Mellanöstern framöver.

Pacto por el Crédito closes with $241.6 trillion, 94.9% of target

24 mars 2026 Rapporterad av AI

Superfinanciera reported that the Pacto por el Crédito completed 18 months with $241.6 trillion disbursed, reaching 94.9% of the $254.7 trillion target. It disbursed 36.4 million credits at an average weighted rate of 15.5% effective annual. The program boosted financing in key sectors like housing, tourism, and agriculture.

26 mars 2026 00:42