Tag: Interest rate
DXC Technology tumbles 18% as investors fret over latest restructuring plan
Shares of DXC Technology slumped 18% on Friday, after the IT services provider unveiled a new revamp and forecast fiscal 2025 revenue and profit below [Read more about this post…]
London’s FTSE 100 hits new high after BoE signals rate cuts
Britain’s FTSE 100 scaled a record high on Thursday after the Bank of England kept interest rates unchanged but investors cheered increasing indications that more [Read more about this post…]
PNB Housing Finance Q4 Results: Profit zooms 57% on steady demand for home loans
India’s PNB Housing Finance reported a 57% rise in fourth-quarter profit on Monday, helped by steady demand for home loans and a decline in bad [Read more about this post…]
Deutsche Bank Q1 Results: Profit jumps 10% as investment bank outperforms
Deutsche Bank posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at its investment [Read more about this post…]
Fed could keep monetary policy tight for longer if needed, says Jefferson
Federal Reserve Vice Chair Philip Jefferson, in remarks devoid of any mention of interest rate cuts, said on Tuesday “it will be appropriate to hold [Read more about this post…]
European Central Bank: European Central Bank leaves rates unchanged as world’s central banks wrestle with when to cut
The European Central Bank left its key interest rate benchmark unchanged Thursday, choosing to wait for confirmation that rapidly receding inflation is firmly under control [Read more about this post…]
European stocks sink at open
Europe’s main stock markets tumbled in opening deals on Friday as a global selloff gathered pace. London’s benchmark FTSE 100 index of leading blue-chip companies [Read more about this post…]
Jerome Powell: Fed’s Powell repeats there is time to deliberate over rate cuts
WASHINGTON: Federal Reserve Chair Jerome Powell reiterated on Wednesday that the U.S. central bank has time to deliberate over its first interest rate cut given [Read more about this post…]
Improving FII inflows: Time to re-evaluate your portfolio
The attractiveness of the Indian markets is far from ebbing out. In the beginning of 2024 itself, there is another favourable development regarding the Indian [Read more about this post…]
investors: Cautious investors trim equity holdings before inflation data, Fed meet
Global investors reduced their holdings in equity funds in the week leading up to Jan. 24, exercising caution before a pivotal inflation report due on [Read more about this post…]
