Author: Ritu

Economy

Views: 2

Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO...

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Economy

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ECB To Raise Rates Again And Face Questions About Future Path

The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only...

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Economy

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Asia FX Rallies, Dollar Tumbles As Markets Bet on Fed Pivot

Most Asian currencies rose sharply on Thursday, while the dollar sank to a nine-month low even after the Federal Reserve hiked interest...

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Economy

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Asia FX Treads Water As Fed Meeting Looms, Dollar Inches Higher

Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as markets...

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Economy

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UniCredit Hikes Payout Goal By 40% After Record Rofit

UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results after posting a record...

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Market

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Asia FX Muted, Dollar Steadies As Fed Meeting Looms

Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Federal Reserve...

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Stock Market

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Oil prices Tread Water As Markets Weigh China Recovery, Fed Caution

Oil prices were muted in early trade on Tuesday as optimism over better-than-expected economic data from China was offset by caution over...

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Economy

Views: 3

Rising Interest Rates Have a Sting in The Tail For Europe’s Banks

Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail. Last...

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Market

Views: 3

Asian Stocks Sink As Fed Week Begins, China Reopens Strong

Most Asian stock markets sank on Monday as caution kicked in ahead of a Federal Reserve meeting and key economic data this week, while...

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Stock Market

Views: 0

Chinese Stocks Surge After Week-Long Holiday

Chinese stock markets rose sharply on Monday as they resumed trade after the Lunar New Year holiday, while a commitment from the government...

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