By Nelson Bocanegra BOGOTA – Colombia’s central bank could hike its benchmark interest rate to 9% at its meeting next week, maintaining rate-increase intensity amid persistent inflation while reaching the …
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Baltimore, MD – Police in Baltimore have released a photo of possible suspects identified as ‘persons of interest’ related to a June 25th early morning shooting death on South Hanover …
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By Liz Hampton (Reuters) – Warren Buffett’s near 20% stake in Occidental Petroleum has some investors expecting the billionaire to eventually absorb the oil producer and turn it into a …
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By Andrea Shalal and Marc Jones NUSA DUA, Indonesia – China is a “very important” creditor of Sri Lanka and it would likely be in the interest of both countries …
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SANTIAGO – Chile’s central bank raised its benchmark interest rate to 9.75% on Wednesday, from 9.0% previously, and said it expected more rate hikes would be necessary as it looks …
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NEW YORK – Short interest on the Nasdaq dipped 0.4% in late June, the exchange said late on Tuesday. As of Nov. 30, short interest fell to about 13.174 billion …
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SAO PAULO – Nubank Holdings Ltd’s announcement that Brazilian customers’ deposits will not yield interest in the first 30 days was seen by analysts as an important step toward reducing …
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HONG KONG – Chinese property developer Ronshine China Holdings Ltd has not made interest payments on its June 2023 and December 2023 notes, totalling $27.9 million, in the latest blow …
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LIMA – Peru’s central bank boosted borrowing costs on Thursday with a 12th consecutive hike of its key interest rate to reach 6.0%, as the bank struggles to tamp down …
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SEOUL – South Korea’s finance ministry and central bank said on Monday they had agreed to cooperate in minimizing adverse risks of rising interest rates on vulnerable households and businesses. …
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Consuelo Mack WealthTrack Prepares Individuals for an Era of Heightened Market Volatility, Inflation, and Higher Interest Rates in New Season
by Your NewsSeason 19 premieres nationwide on public television beginning July 1 with economist and strategist David Rosenberg who warns of an “imminent recession.” Watch full episodes, exclusive interviews and more at …
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WARSAW – Polish banks will be taxed more if they don’t offer clients higher interest on their deposits, the leader of Poland’s ruling party said on Saturday, intensifying government pressure …
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By Byron Kaye SYDNEY – Two of Australia’s biggest home lenders jacked up fixed-rate home loans in line with increases to their own borrowing costs, spokespeople told Reuters, adding to …
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BRASILIA – Brazil’s federal public debt rose 2.01% in May from the month before, with the average costs of domestic debt issuance jumping to the highest level in five years …
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(Reuters) -Egypt’s central bank kept its overnight interest rates unchanged on Thursday, saying that for the next six months it would tolerate elevated inflation, caused mainly by the Ukrainian conflict, …
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(Reuters) – The U.S. Federal Reserve should raise interest rates above 3% by the end of this year and then reassess how much more it needs to do to bring …
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WASHINGTON – The U.S. Securities and Exchange Commission (SEC) said on Tuesday that it has charged Egan-Jones Ratings Co. and its chief executive with conflict of interest violations. Without admitting …
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Germany’s debt interest payments could soar next year, finance minister warns – newspaper
by ReutersBERLIN – Finance Minister Christian Lindner warned that interest charges on Germany’s public debt could reach 30 billion euros next year due to rising interest rates and growing debt levels, …
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OTTAWA – Canadian Prime Minister Justin Trudeau on Tuesday said his government was watching rising interest rates “with concern,” when asked about the impact higher borrowing costs are having on …
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KYIV – Ukraine’s central bank said the situation in the war with Russia will determine whether its key interest rate can be cut from the current level of 25% or …
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BERLIN – German Economy Minister Robert Habeck on Monday welcomed the European Central Bank’s indication last week that it would deliver next month its first interest rate hike since 2011. …
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(Reuters) -Russian Central Bank Governor Elvira Nabiullina gave a news conference after the central bank cut its key interest rate to 9.5% on Friday. Nabiullina spoke in Russian. The quotes …
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LONDON – Citibank says it expects the Swiss National Bank to hike its key rate by 25 basis points when it meets next week. Swiss inflation rose in May by …
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LIMA – Peru’s central bank raised the country’s benchmark interest rate by 50 basis points to 5.5% on Thursday, the eleventh consecutive hike, as authorities in the copper-producing Andean nation …
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By Jorge Otaola BUENOS AIRES – Argentina’s benchmark interest rate is likely to be hiked another 200 basis points next week, analysts polled by Reuters estimated, as the central bank …