Smaller-than-expected Turkey rate hike hits lira, bonds
LONDON (Reuters) – Turkey’s new central bank governor Hafize Gaye Erkan delivered a smaller-than-expected interest rate hike at her first…
Economy
Philippines central bank extends rate hike pause, cut ‘unlikely’ in near future
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank kept its benchmark interest rate…
Micron confirms up to $825 million investment in India chip facility
OAKLAND, California (Reuters) – U.S. memory chip firm Micron Technology, Inc said on Thursday it would invest up to $825…
Amazon declines to comment on report of bid interest in UK’s Ocado
LONDON (Reuters) – A spokesperson for Amazon declined to comment on Thursday on a Times newspaper report that highlighted talk…
Meta Platforms’ return to growth index highlights annual Russell refresh
By Chuck Mikolajczak NEW YORK (Reuters) -Meta Platforms will return to its former status as a full growth stock after…
Analysis-Smaller aerospace suppliers scramble for titanium, workers in shadow of travel boom
By Allison Lampert and Aditi Shah PARIS/NEW DELHI (Reuters) – Standing at a small booth among a row of other…
Marketmind: Dogged central banks rein in risk
A look at the day ahead in U.S. and global markets from Mike Dolan Even if investors sense light at…
UBS’s size will be taken into account – SNB Vice-Chairman
ZURICH (Reuters) – The Swiss National Bank will consider closely the size of UBS following the completion of its takeover…
Credit Agricole offers fixed-term savings in Italy in bid to win clients
By Valentina Za MILAN (Reuters) -The Italian arm of France’s Credit Agricole has started offering fixed-term savings accounts to win…
Norway central bank raises rate to 15-year high, with more to come
By Victoria Klesty OSLO (Reuters) -Norway’s central bank raised its key policy rate by 50 basis points (bps) to a…