By Scott Murdoch and Yantoultra Ngui SYDNEY/SINGAPORE (Reuters) – Asia’s dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in …
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NEW YORK (Reuters) – Wells Fargo & Co expects an upside in net interest income going ahead, Chief Financial Officer Mike Santomassimo said on Tuesday. The bank had earlier issued …
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(Reuters) – A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. It’s a big week for markets with interest rate decisions from the three major …
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Attempt to Identify Person of Interest in Marlton Assault
by Leo Canegaby Leo CanegaMARLTON, NJ – The Evesham Police Department is seeking information regarding an aggravated assault with a knife and terroristic threats that took place at the Kohl’s in Marlton on Monday. …
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Bank of Israel chief cautions of more interest rate hikes if shekel stays weak
by Reutersby ReutersBy Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -Israel’s monetary policy is currently restrictive and at an appropriate level given moderating inflation, but interest rates could rise further should the …
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Higher interest rates boost hedge fund stock borrowing to record high – Goldman
by Reutersby ReutersBy Nell Mackenzie LONDON (Reuters) – Borrowing across the global hedge fund industry has hit record highs, Goldman Sachs said in a note to clients on Wednesday, as rising interest …
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By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s annual economic growth rate slowed to 2.3% in the first quarter, data showed on Wednesday, hurt by a government plan to swap old …
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Bank of Montreal quarterly profit rises on higher interest income
by Reutersby Reuters(Reuters) – Bank of Montreal’s second-quarter profit jumped as higher interest rates shored up the lender’s net interest income, the Canadian bank said on Wednesday. Net income excluding one-off items …
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ECB needs to keep interest rates ‘sustainably high’ to combat inflation – Lagarde
by Reutersby ReutersBy Jesús Aguado MADRID (Reuters) – The European Central Bank needs to keep interest rates high to curb inflation in the medium term, its president Christine Lagarde said on Friday, …
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Bank of Mexico seen holding interest rate after nearly two years of hikes – Reuters poll
by Reutersby ReutersMEXICO CITY (Reuters) – The Bank of Mexico is expected to hold the country’s benchmark interest rate on Thursday, halting a cycle of rate hikes that began in June 2021, …
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British home-buyers, facing higher interest rates, retreat in April – RICS
by Reutersby ReutersBy Suban Abdulla LONDON (Reuters) – British property surveyors reported a drop in demand in April as new buyers turned more cautious ahead of the Bank of England’s latest expected …
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Taiwan central bank may keep raising interest rates, minutes show
by Reutersby ReutersTAIPEI (Reuters) – Taiwan’s central bank debated the need for further rate hikes this year to combat persistent inflation, minutes from its last board meeting showed on Thursday. The central …
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COLUMBUS, OH – Homicide detectives have connected a third person to a shooting that occurred last Friday, leaving one man dead and another injured in the University District. Investigators are …
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Bank of Mexico likely to consider holding key interest rate steady
by Reutersby ReutersMEXICO CITY (Reuters) – The Bank of Mexico’s governing board may consider keeping its benchmark interest rate steady at its next monetary policy meeting, in what would be its first …
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ECB has travelled most of the way towards higher interest rates – Villeroy
by Reutersby ReutersPARIS (Reuters) – The European Central Bank has already gone “most of the way” in raising interest rates to tackle inflation, French ECB policymaker Francois Villeroy de Galhau said on …
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Market divided on Colombia interest rate decision – hold or raise?- Reuters Poll
by Reutersby ReutersBy Nelson Bocanegra BOGOTA (Reuters) – Analysts are divided on whether Colombia’s central bank board will hold the interest rate steady for the first time in 18 months or back …
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Turkey’s Erdogan says interest rates will fall as long as he is in power
by Reutersby ReutersANKARA (Reuters) – Turkish President Tayyip Erdogan said on Friday that interest rates will fall as long as he is in power, and that inflation will decline with them, repeating …
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IRS Whistleblower Alleges ‘Conflicts Of Interest’ In Biden DOJ’s Investigation Of Hunter
IRS Whistleblower Alleges ‘Conflicts Of Interest’ In Biden DOJ’s Investigation Of Hunter John Hugh DeMastri on April 19, 2023 An Internal Revenue Service (IRS) whistleblower has reportedly told Congress that …
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(Reuters) – Huntington Bancshares Inc on Thursday reported a first-quarter profit that narrowly beat analysts’ estimates, as a boost from higher interest rates offset a hit from bigger provisions. A …
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U.S. Bancorp beats profit estimates as higher rates boost interest income
by Reutersby Reuters(Reuters) – U.S. Bancorp (USB) on Wednesday beat estimates for first-quarter profit as rapid rate hikes from the Federal Reserve helped the lender earn more from the interest charged on …
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Solid first-quarter stock performance fueled 8.7% short interest jump -S3
by Reutersby ReutersBy Stephen Culp NEW YORK (Reuters) – The solid first-quarter stock market performance helped prompt an 8.7% rise in short interest in U.S. and Canadian equities markets, according to a …
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(Reuters) – M&T Bank Corp beat Wall Street estimates for first-quarter profit on Monday, as the U.S. Federal Reserve’s rapid rate hikes to tame high inflation boosted the lender’s interest …
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PNC Financial beats profit estimates on boost from higher interest rates
by Reutersby Reuters(Reuters) – PNC Financial Services Group reported an 18.5% rise in first-quarter profit on Friday, as the Federal Reserve’s rate hikes fueled a surge in the U.S. regional lender’s net …
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NEW YORK, April 12 (Reuters) – Short interest on the New York Stock Exchange rose 2.0 percent in late March, the exchange said on Wednesday. As of March 31, short …
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NEW YORK, April 12 (Reuters) – Short interest on the Nasdaq rose 4.0% in the second half of March, the exchange said on Wednesday. As of March 31, short interest …