interest rate

UK labour market exodus drives jobless rate down to 3.5%

Britain reported a record jump in the number of people leaving the labour market in the three months to August,…

3 years ago

Turkish bank stocks’ rollercoaster ride leaves investors reeling

Head-spinning volatility in Turkey's banking shares has left investors reeling after a 100% stock market surge this year, driven by the highest…

3 years ago

Morning Bid: The 75bp club

Most of world's major central banks are now going up a gear with historically sweeping interest rate rises to cool…

3 years ago

Bank of Canada expected to push interest rates into restrictive territory

The Bank of Canada is widely expected to deliver yet another oversized interest rate hike next week, lifting its policy…

3 years ago

UK midcaps at three-week low as recession fears grow

UK midcaps hit a three-week trough on Monday while the export-centric FTSE 100 eased from its recent peak on fears…

3 years ago

Analysis: Banks’ snubbing of junk-rated loan funds worsens financing logjam

A decision by banks to change how they invest spare capital is limiting their ability to extend loans to companies…

3 years ago

Bank of America posts drop in quarterly profit as dealmaking slumps

Bank of America Corp (BAC.N) posted a nearly 34% drop in second-quarter profit on Monday, hit by a slump in investment banking…

3 years ago

Swiss National Bank sticks to loose policy, diverging from Fed and others

The Swiss National Bank stuck to its ultra-loose monetary policy on Thursday, diverging from the tightening path being taken by…

4 years ago