European shares climb with focus on US cenbank policy decisionThe pan-European STOXX 600 index was up 0.5% at 514.5 points, as of 0710 GMT, with France's CAC 40 rising 0.3% after consumer prices in the...
04 Nov, 2024, 11.09 AM IST
US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cutThe U.S. dollar dropped to its lowest level in nearly nine months against the Japanese yen amid speculation of a potential 50-basis-point i...
14 Sep, 2024, 10.10 AM IST
Wall Street advances as traders' bets rise for bigger Fed rate cutWall Street's main indexes closed higher on Friday as investors focused on the possibility of a larger interest rate cut by the Federal Res...
14 Sep, 2024, 09.53 AM IST
European stocks wrap up week on a high note; focus shifts to Fed's rate decisionEuropean stocks ended the week positively, driven by technology, real estate, and mining shares. The STOXX 600 index rose 0.7%, with German...
13 Sep, 2024, 09.50 PM IST
How should investors trade in a faltering global market? Mark Matthews answersThe environment is good. Earnings growth this quarter will be probably around 10% and for the next few quarters it will also be in that ran...
25 Jul, 2024, 11.22 AM IST
Tech slump knocks Asia shares, yen towers at 2-1/2-month peakThe sell-off in stocks saw investors ramp up bets on rate cuts globally, with futures implying a 100% chance of a Federal Reserve easing in...
25 Jul, 2024, 08.12 AM IST
The Fed is wrong about how low interest rates will go: Bill DudleyTaken together, higher average inflation and a neutral rate of 1% to 1.5% would imply a long-term federal funds rate of 3.5% to 4.0%. So wh...
04 Apr, 2024, 09.52 PM IST
Hillary Clinton, top execs of Goldman Sachs, JPMorgan attend Isha-Anand's pre-wedding gala in UdaipurDozens of chartered planes carrying celebrities flew into a sleepy airport.
10 Dec, 2018, 09.17 AM IST
GOP's plan to strip New York Federal Reserve of a crucial role in policy makingGOP lawmakers want to strip the New York central bank branch of its permanent FOMC status and reduce its standing on the committee.
27 Jul, 2015, 12.51 PM IST
Markets can rejoice from this 'most dovish' comment by a Fed presidentThe main thrust of Kocherlakota's argument on why the Fed ought to be extraordinarily patient in raising rates is inflation and the employm...
08 Apr, 2015, 08.26 AM IST
- Dudley to follow Hayward’s lead at BP
Robert Dudley, the man charged with rebuilding the reputation of BP after the oil spill in the Gulf of Mexico, will slim the co to its core...
30 Jul, 2010, 12.34 AM IST
- BP boss retreats from spill; shares hit 13-yr low
Beleaguered BP boss Tony Hayward retreated from daily management of the US oil spill crisis on Tuesday and dodged making a conference speec...
22 Jun, 2010, 07.30 PM IST
- BP boss retreats from spill; shares hit 13-yr low
Beleaguered BP boss Tony Hayward retreated from daily management of the US oil spill crisis on Tuesday and dodged making a conference speec...
22 Jun, 2010, 07.30 PM IST
- Dudley to head NY Fed; Geithner joins Treasury
William Dudley, the head of the New York Federal Reserve Bank’s markets group, has been chosen to succeed Timothy Geithner as president of ...
28 Jan, 2009, 03.31 AM IST
- Dudley may be in line to take up Geithner's Fed job
Federal Reserve Governor Kevin Warsh, once a leading contender to succeed Timothy Geithner as president of the New York Fed, is no longer i...
19 Jan, 2009, 02.55 AM IST
- Microsoft raises offer for Yahoo above $31 in bid for friendly deal
Microsoft Corp. finally dangled a higher takeover bid in front of Yahoo Inc. on Friday, hoping to reach a friendly deal after weeks of sabr...
03 May, 2008, 06.10 AM IST
- Fed yet to make up its mind on inflation target
After much study and discussion, Federal Reserve officials are far from adopting inflation targeting as part of the monetary policymaking p...
22 Nov, 2006, 02.08 AM IST