Interest rate sensitive shares from the sectors such as banking, automobiles and real estate were in focus ahead of the Reserve Bank of India (RBI) Governor Urjit Patel-led Monetary Policy Committee (MPC) meeting due later in the day. A majority of the nearly 60 analysts polled by Reuters predict the ... Read More »
The pensions regulator is currently giving evidence to MPs on, among other things, BHS. Ahead of the meeting, the chairman of the House of Commons work and pensions committee Frank Field wrote to the regulator asking if Sir Philip Green’s superyacht and other assets could be seized to help plug ... Read More »
They fell another 3% to €10.22 during morning trading on the Frankfurt stock exchange. Investors are increasingly worried about the financial health of the bank, which now faces a $14bn fine in the US for mis-selling mortgage-backed bonds before the financial crisis of 2008. “The plight of Deutsche Bank could ... Read More »
Margaret Kirkland, who participated in this year’s Southern Living Idea House, is an interior designer based in Atlanta. She was recently selected as one of the designers for 2016 Southern Living Idea House. Known for her timeless interiors, she has been named a Next Wave designer by House Beautiful and ... Read More »
Tesla Motors Inc (TSLA.O) Chief Executive Officer Elon Musk said on Wednesday that the proposed acquisition of SolarCity Corp (SCTY.O) could eventually push the electric car maker’s valuation to $1 trillion, but investors were skeptical. Shares of Tesla were down nearly 7 percent at $204.50, putting its market capitalization at ... Read More »
European shares hit one-month highs on Monday, while the dollar index rose to a two-month peak after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States may be around the corner. The Fed should raise rates “in the coming months” if growth picks up ... Read More »
A dive in oil prices sent stock markets lower on Monday after producers meeting in Qatar failed to agree on a plan to curb global supply, quashing the more optimistic tone which prevailed for much of the past week. Japan’s Nikkei index led the way, tumbling more than 3 percent ... Read More »
World stocks rose to their highest level in more than four months on Thursday and the dollar had a third day of gains as markets took a positive view ahead of top policymaker and oil producer meetings. Singapore set the tone for the IMF’s spring meeting as its normally conservative ... Read More »
