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Duterte commits to return heist money, says Bangladesh INTERNATIONAL

Duterte commits to return heist money, says Bangladesh

Philippine President Rodrigo Duterte has given a commitment that $81mn stolen by cyber criminals from the account of Bangladesh Bank in New York would be returned, the Bangladesh ambassador to the Philippines said.

4:45 AM November 25 2016
QCB 'likely to keep policy rate at 4.5% for most of 2016' ARABIA

QCB 'likely to keep policy rate at 4.5% for most of 2016'

Qatar Central Bank is expected to maintain its policy rate at 4.5% for most of 2016 to support lending amid economic growth slowing down, says a senior economist.

4:45 AM November 25 2016
Bangla police launch heist probe; Manila banker took away cash in car INTERNATIONAL

Bangla police launch heist probe; Manila banker took away cash in car

Bangladesh police launched a criminal investigation into the cyber theft of $81mn from the central bank's US account but said it was too early to pinpoint any suspects.

4:45 AM November 25 2016
Bangladesh 'to sue US reserve bank' over missing $100 mn INTERNATIONAL

Bangladesh 'to sue US reserve bank' over missing $100 mn

Bangladesh's government said Tuesday it was planning to sue the Federal Reserve Bank of New York after hackers allegedly stole nearly $100 million from a reserve account.

4:45 AM November 25 2016
Part of $100mn hacked from Bangladesh Bank recovered INTERNATIONAL

Part of $100mn hacked from Bangladesh Bank recovered

Bangladesh's central bank said that part of almost $100mn allegedly stolen from a reserve account in the US last month has been recovered.

4:45 AM November 25 2016
Gold rises to near 13-month high on equities, Fed rate views ECONOMY

Gold rises to near 13-month high on equities, Fed rate views

Gold rose on Monday, hovering just below last week's 13-month high as global shares dipped, while a fall in average US earnings lessened expectations the Federal Reserve could raise interest rates at its next policy meeting.

4:45 AM November 25 2016
Gold steadies near 3-month high as economic worries persist ECONOMY

Gold steadies near 3-month high as economic worries persist

Gold steadied after touching three-month highs, underpinned by global growth concerns and as another sharp drop in the oil price pushed investors towards safe-haven assets.

4:45 AM November 25 2016