U.S. Federal Reserve

ECB to join rate hike club with big move under discussion

The European Central Bank will raise interest rates for the first time in 11 years on Thursday with a bigger-than-flagged…

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

Big U.S. banks see loan growth slowing as outlook for demand, economy darkens

U.S. bank executives said they're optimistic on loan growth as demand for borrowing from retail and business customers bounced back…

3 years ago

BlackRock misses profit estimates as market turbulence spooks investors

BlackRock Inc (BLK.N) posted a bigger-than-expected fall in quarterly profit on Friday as the turmoil in the global markets shrank the world's…

3 years ago

Recession fears creep into ECB thinking at summer conference

European Central Bank policymakers put on a brave face at their annual gathering in the hills above the Portuguese capital…

3 years ago

Incoming Philippine c.bank governor says may consider bigger rate hikes

The Philippine central bank may consider bigger interest rate hikes to support the peso, though will not be obliged to…

3 years ago

World stocks skid as consumer data flashes recession worry

Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing fears that…

3 years ago

Stocks stage small bounce as investors weigh cenbanks’ next moves

Stock markets chalked up modest gains on Monday after last week's hefty losses as investors braced for a host of…

3 years ago

Dollar drives higher, yen tumbles to 1998 lows

The safe haven dollar gained towards fresh two-decade highs versus major rival currencies on Monday, supported by fears over a…

3 years ago

Analysis: Markets must face up to tightening financial conditions

Already sitting on double-digit losses this year, stock market investors must brace for more, as the realisation sinks in that…

4 years ago