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Tag:

interest

  • Business News

    Bankers see stable interest rates reviving Asia’s capital markets in second half

    by Reuters June 19, 2023
    by Reuters June 19, 2023

    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 …

  • Business News

    Wells Fargo CFO expects upside in net interest income

    by Reuters June 13, 2023
    by Reuters June 13, 2023

    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 …

  • Business News

    Markets in a spin ahead of interest rate decisions

    by Reuters June 12, 2023
    by Reuters June 12, 2023

    (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 …

  • Breaking NewsNew Jersey NewsPolice Blotter

    Attempt to Identify Person of Interest in Marlton Assault

    by Leo Canega June 7, 2023
    by Leo Canega June 7, 2023

    MARLTON, 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. …

  • Business News

    Bank of Israel chief cautions of more interest rate hikes if shekel stays weak

    by Reuters May 30, 2023
    by Reuters May 30, 2023

    By 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 …

  • Business News

    Higher interest rates boost hedge fund stock borrowing to record high – Goldman

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    By 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 …

  • Business News

    Nigeria GDP growth slows ahead of interest rate announcement

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    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 …

  • Business News

    Bank of Montreal quarterly profit rises on higher interest income

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    (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 …

  • Business News

    ECB needs to keep interest rates ‘sustainably high’ to combat inflation – Lagarde

    by Reuters May 19, 2023
    by Reuters May 19, 2023

    By 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, …

  • Business News

    Bank of Mexico seen holding interest rate after nearly two years of hikes – Reuters poll

    by Reuters May 15, 2023
    by Reuters May 15, 2023

    MEXICO 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, …

  • Business News

    British home-buyers, facing higher interest rates, retreat in April – RICS

    by Reuters May 10, 2023
    by Reuters May 10, 2023

    By 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 …

  • Business News

    Taiwan central bank may keep raising interest rates, minutes show

    by Reuters May 4, 2023
    by Reuters May 4, 2023

    TAIPEI (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 …

  • Breaking News

    Detectives Looking For Person of Interest in University District Shooting

    by Ryan Dickinson April 28, 2023
    by Ryan Dickinson April 28, 2023

    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 …

  • Business News

    Bank of Mexico likely to consider holding key interest rate steady

    by Reuters April 25, 2023
    by Reuters April 25, 2023

    MEXICO 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 …

  • Business News

    ECB has travelled most of the way towards higher interest rates – Villeroy

    by Reuters April 24, 2023
    by Reuters April 24, 2023

    PARIS (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 …

  • Business News

    Market divided on Colombia interest rate decision – hold or raise?- Reuters Poll

    by Reuters April 21, 2023
    by Reuters April 21, 2023

    By 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 …

  • Business News

    Turkey’s Erdogan says interest rates will fall as long as he is in power

    by Reuters April 21, 2023
    by Reuters April 21, 2023

    ANKARA (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 …

  • Featured NewsOpinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    IRS Whistleblower Alleges ‘Conflicts Of Interest’ In Biden DOJ’s Investigation Of Hunter

    by The Daily Caller April 20, 2023
    by The Daily Caller April 20, 2023

    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 …

  • Business News

    Huntington Bancshares beats profit estimate on interest boost

    by Reuters April 20, 2023
    by Reuters April 20, 2023

    (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 …

  • Business News

    U.S. Bancorp beats profit estimates as higher rates boost interest income

    by Reuters April 19, 2023
    by Reuters April 19, 2023

    (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 …

  • Business News

    Solid first-quarter stock performance fueled 8.7% short interest jump -S3

    by Reuters April 17, 2023
    by Reuters April 17, 2023

    By 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 …

  • Business News

    M&T Bank Corp beats profit estimates as interest income doubles

    by Reuters April 17, 2023
    by Reuters April 17, 2023

    (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 …

  • Business News

    PNC Financial beats profit estimates on boost from higher interest rates

    by Reuters April 14, 2023
    by Reuters April 14, 2023

    (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 …

  • Business News

    NYSE short interest rose 2.0 percent in late March

    by Reuters April 12, 2023
    by Reuters April 12, 2023

    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 …

  • Business News

    Nasdaq short interest up 4.0% in late March

    by Reuters April 12, 2023
    by Reuters April 12, 2023

    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 …

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