(Reuters) – U.S. stock index futures rose sharply on Tuesday after a smaller-than-expected rise in U.S. consumer prices boosted bets that the Federal Reserve would ease its aggressive rate hike …
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- Business News
Analysis-Whoosh tests Russian IPO interest as foreign investors frozen out
by Reutersby ReutersBy Alexander Marrow and Olga Popova MOSCOW (Reuters) – Corporate Russia is watching closely this week as electric scooter firm Whoosh braves Russian economic isolation with Moscow’s first IPO since …
- Business News
Polish interest rates at adequate level, says c.banker Kochalski
by Reutersby ReutersWARSAW (Reuters) – The current level of interest rates in Poland is adequate, central banker Cezary Kochalski said on Tuesday. Poland’s Monetary Policy Council (MPC) has left its main interest …
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WELLINGTON (Reuters) – New Zealand house prices fell in November on the prior month as rising interest rates, access to finance and concerns around the economy contributed to continued hesitancy …
- Business News
UK has no plan to cut interest BoE pays to banks: Treasury official
by Reutersby ReutersLONDON (Reuters) – Britain’s finance ministry has no plan for the Bank of England to cut the amount of interest it pays to banks, the Treasury’s top official said on …
- Business News
Telecom Italia sounds out investor interest as govt reviews network options
by Reutersby ReutersBy Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Telecom Italia (TIM) is exploring investors’ interest in buying into its assets, sources familiar with the matter said on Friday, as …
- Business News
Canadian dollar seen higher as analysts eye peak interest rates: Reuters poll
by Reutersby ReutersBy Fergal Smith TORONTO (Reuters) – Canada’s dollar will rally over the coming year as major commodity consumer China loosens its COVID-19 restrictions and the Federal Reserve potentially concludes its …
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SANTIAGO (Reuters) – Chile’s central bank maintained its benchmark interest rate at 11.25% on Tuesday, as the bank said the country had reached its peak in the current hiking cycle, …
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At U.N., U.S., Russia accuse each other of no interest in Ukraine talks
by Reutersby ReutersBy Michelle Nichols UNITED NATIONS (Reuters) – The United States and Russia accused each other on Tuesday of not being interested in Ukraine peace talks as calls grow at the …
- Business News
Credit Suisse’s investment bank draws interest from Saudi crown prince – WSJ
by Reutersby Reuters(Reuters) – Investors including Saudi Arabia’s crown prince and a U.S. private-equity firm run by a former Barclays CEO have shown interest in investing $1 billion or more in Credit …
- Business News
FTX’s LedgerX attracts interest from Blockchain.com, Gemini- Bloomberg
by Reutersby Reuters(Reuters) – FTX’s digital currency futures and clearinghouse LedgerX is up for sale and has attracted interest from crypto firms including Blockchain.com, Gemini, Bitpanda and Kalshi, Bloomberg reported on Friday, …
- Business News
Fed’s Bowman: interest rates need to be sufficiently restrictive “for some time”
by Reutersby Reuters(Reuters) -The Federal Reserve should slow the pace of its rate increases in order to assess the impact of its hiking cycle but inflation remains far too high and the …
- Business News
Indian banks’ loan growth to accelerate despite higher interest rates -Fitch
by Reutersby ReutersBENGALURU (Reuters) – Loan growth at Indian banks will accelerate to 13% in this fiscal year despite the RBI raising interest rates, as economic activity picks up after a pandemic …
- Business News
ECB’s Makhlouf sees smaller interest rate hikes in 2023, if needed
by Reutersby ReutersDUBLIN (Reuters) – The European Central Bank will likely increase interest rates by smaller increments next year if further hikes are needed, governing council member Gabriel Makhlouf was quoted as …
- Business News
Brazil’s federal public debt rises in October due to interest payments
by Reutersby ReutersBRASILIA (Reuters) -Brazil’s federal public debt increased in October after three consecutive months of decline, official data showed on Friday, driven by debt interest payments. The stock of federal public …
- Business News
Pause in Polish interest rate hikes will continue, says c.banker Dabrowski
by Reutersby ReutersWARSAW (Reuters) – The current level of Polish interest rates is having a positive impact on the economy and the Monetary Policy Council’s (MPC) pause in policy tightening will continue, …
- Business News
U.S. new vehicle sales to be flat in November amid high interest rate – report
by Reutersby Reuters(Reuters) – U.S. new vehicle retail sales are expected to be relatively flat in November as high vehicle prices, coupled with interest rate increase, are moderating demand, a report from …
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(Reuters) – Cryptocurrency exchange FTX said on Tuesday it was receiving interest from potential buyers for its assets and would conduct process to reorganize or sell them. (Reporting by Arunima …
- Business News
Fed’s George: Could take higher interest rates for longer to encourage saving
by Reutersby Reuters(Reuters) – The Federal Reserve may need to raise interest rates to a higher level and hold them there for longer in order to successfully moderate consumer demand and bring …
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D.C. Police Release Photo of Person Of Interest In Murder of Female High School Senior
WASHINGTON, D.C. – On Saturday night, a young woman was shot and killed inside of a hotel room in Northeast, D.C. The Washington, D.C. Metro Police department has now released …
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BUDAPEST (Reuters) -Commercial banks in Hungary cannot pay an interest rate higher than the three-month discount bill yield on deposits by certain large institutional and private investors, the Minister for …
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(Reuters) – The average interest rate on the most popular U.S. home loan saw its largest single-week decline since July, dropping back to just below 7%, as signs inflation has …
- Business News
Australia’s central bank to limit forward guidance on interest rates
by Reutersby ReutersAustralia’s central bank intends to limit its use of forward guidance on policy after its usage during the pandemic drew criticism when rates were raised much earlier than previously envisaged. …
- Business News
Australia’s CBA Q1 profit jumps on lending growth, rising interest rates
by Reutersby ReutersBy Sameer Manekar (Reuters) – Commonwealth Bank of Australia, the country’s largest bank, on Tuesday reported better-than-expected cash earnings for the first quarter, helped by lending growth and rising interest …
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NAIROBI (Reuters) -Kenya’s government will no longer borrow any money at interest rates of more than 10%, President William Ruto said on Friday, adding that the cost of debt had …