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A service for banking industry professionals · Sunday, November 10, 2024 · 759,326,401 Articles · 3+ Million Readers
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  • Published on Nov 8, 2024

    Indian markets under pressure as global rate cuts stir uncertainty, new report says

    Indian markets are navigating choppy waters as global economic shifts, from rate cuts to evolving political climates, create new pressure points across the financial landscape, according to a recent report by ANI attributed originally to the Union Bank of …

    Source: Business Insider India - Neutral
  • Published on Nov 8, 2024

    Europe's wake-up call to avoid 'slow agony' of decline

    Europe's wake-up call to avoid 'slow agony' of decline BUDAPEST, Nov 8, 2024 (BSS/AFP) - Europe must make radical reforms and ramp up investment to catch up with the United States or face a painful decline: that is the message of a report …

    Source: Bangladesh Sangsbad Sangstha - Label Pending
  • Published on Nov 7, 2024

    UK interest rates cut to 4.75%, as Bank of England warns budget will add to inflation – business live

    Bank of England interest rate decisionNewsflash: The Bank of England has cut UK interest rates for a second time this year. As City experts had predicted (see opening post), the Bank’s monetary policy committee have voted to lower Bank Rate by a quarter of …

    Source: The Guardian - Center-left
  • Published on Nov 8, 2024

    Business News | Indian Markets Will Remain Under Pressure Amid Global Rate Cuts: Report

    Mumbai (Maharashtra) [India], November 8 (ANI): Domestic markets entered a volatile phase, responding to global economic developments and fluctuations in local indicators, according to Union Bank of India report. The 10-year government bond yield softened …

    Source: Latestly - Uncategorized
  • Published on Nov 8, 2024

    Facing Trump's Return, EU Confronts Economic Challenges

    Confronted with the return of Donald Trump, EU leaders on Friday are set to commit to deeply reform Europe's economy and tackle challenges highlighted by a blockbuster report. Ex-European Central Bank head Mario Draghi was tasked last year with …

    Source: International Business Times - Label Pending
  • Published on Nov 8, 2024

    The world in brief - 8 Nov 2024

    Hits: 24 1. Trump's victory has sent shockwaves through Black American communities, which voted overwhelmingly for Harris. 2. The Australian government will legislate for a ban on social media for children under 16. 3. NATO: Russia-North Korea ties are …

    Source: Fresh News - Label Pending
  • Published on Nov 7, 2024

    Stocks rise, Treasuries under pressure as Trump impact weighed

    TOKYO/LONDON :World stocks gained on Thursday after a record rise for U.S. shares overnight, and U.S. Treasuries remained under pressure as investors processed a second Donald Trump presidency, ahead of policy decisions from the Fed and other major …

    Source: Channel News Asia - Pro-Government
  • Published on Nov 8, 2024

    Archbishop McDowell addresses The Royal Irish Regiment Service of Remembrance

    Archbishop John McDowell, the Church of Ireland’s Archbishop of Armagh and Primate of All Ireland, this afternoon preached at The Royal Irish Regiment’s annual Service of Remembrance in Belfast Cathedral, which marked this year’s 80th anniversaries of the …

    Source: Anglican Ink - Florida - Uncategorized
  • Published on Nov 8, 2024

    Trump tariffs and trade wars

    EDITORIAL: Donald Trump’s return to the White House could not have come at a worse time for the Eurozone, just when fresh economic data is suggesting that the bloc’s growth has been slower than expected. And now markets are going to factor in the “big …

    Source: Business Recorder - Neutral
  • Published on Nov 8, 2024

    Dollar winds down after volatile week, China NPC in focus

    By Rae Wee SINGAPORE (Reuters) - The dollar took a breather on Friday, on track to cap off a wild week with a slight gain as markets weighed the impact of Donald Trump's impending return to the White House and what that would mean for the U.S. economy …

    Source: Yahoo Finance - Label Pending
  • Published on Nov 7, 2024

    UK interest rates cut to 4.75%; Trump trade war ‘could push eurozone into full-blown recession’

    Bank of England interest rate decisionNewsflash: The Bank of England has cut UK interest rates for a second time this year. As City experts had predicted (see opening post), the Bank’s monetary policy committee have voted to lower Bank Rate by a quarter of …

    Source: The Guardian - Center-left
  • Published on Nov 8, 2024

    Korea to Actively Respond to Post-Election Market Volatility

    (Bloomberg) -- South Korea said it will bolster its monitoring of financial markets and respond “actively” to ease any excessive volatility as policymakers brace for the implications of Donald Trump’s return to the White House. Most Read from Bloomberg The …

    Source: Yahoo Finance - Label Pending
  • Published on Nov 7, 2024

    Hungary: Back-to-back EU summits to decide bloc's future

    No matter who occupies the White House, Europe must become more independent and resilient. This is what Charles Michel, President of the European Council, cautioned in a July interview with DW during the fourth European Political Community (EPC) summit in …

    Source: Deutsche Welle - Public Broadcaster
  • Published on Nov 7, 2024

    Why Donald Trump’s return is a disaster for Europe

    There is nothing but bad news for Europe in Donald Trump’s US election victory. The only question is just how bad it will get. Europeans stand to suffer strategically, economically and politically from his “America first” policies, as well as from his …

    Source: The Guardian - Center-left
  • Published on Nov 7, 2024

    FirstFT: Jockeying to join Trump’s cabinet

    This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to receive the newsletter every weekday. Explore all of our newsletters here Good morning and on today’s agenda: Fed …

    Source: The Financial Times - Neutral
  • Published on Nov 7, 2024

    Global stocks mostly rise as Fed, Bank of England cut rates

    Global stocks mostly rose Thursday, with US indices hitting fresh records as a Federal Reserve interest rate cut extended a post-election rally.While the Dow finished flat, both the S&P 500 and Nasdaq jumped to new all-time highs as the Fed shrugged …

    Source: The Daily Sentinel - Colorado - Neutral
  • Published on Nov 7, 2024

    What are Europe’s biggest weak spots for a Trump presidency?

    This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newsletters …

    Source: The Financial Times - Neutral
  • Published on Nov 7, 2024

    Europe close: Stocks rise as Sweden and UK cut interest rates

    The market reaction to Donald Trump's election victory from either side of the Atlantic couldn't have been more different: Wall Street indices surged to new record highs on Trump's pro-business stance, while European benchmarks dropped as …

    Source: ShareCast - Label Pending
  • Published on Nov 7, 2024

    Trump vows sweeping tariffs on US$3t of imports: A look at how consumers and global trade could be impacted

    WASHINGTON, Nov 8 — US president-elect Donald Trump says “tariff” is the most beautiful word in the dictionary — and the Republican’s second term promises sweeping measures on all US$3 trillion worth of US imported goods. This will not be the first time …

    Source: Malay Mail - Neutral

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