[ WALL Street’s main stock indexes were on track for a lower open on Friday as most megacap growth stocks and chipmakers receded, while some big banks dipped after dour quarterly results. JPMorgan Chase & Co fell 2.8% in premarket trading after the bank’s forecast for its income from interest payments came in below analysts’ … Read more
[ SEOUL: South Korea’s central bank said on Friday greater uncertainty on the inflation outlook and the strength of exports argued against a near term push to cut interest rates after the bank left the policy rate steady at a 15-year high. “To give a six-month ahead outlook or so, all of the board members … Read more
[ (NewsNation) — For many Americans, the dream of owning a home has looked more like a nightmare in recent years. Mortgage rates are up, inventory is low, and prices are soaring. The challenging real estate market has left some buyers wondering: Isn’t there a better way? One alternative can be found in The Netherlands. The … Read more
[ GOLD prices rose on Monday to a record high for the seventh consecutive session, a move that analysts anticipate could be driven by strong demand from Asian central banks, despite traditional headwinds from a stronger U.S. dollar and elevated interest rates. Spot gold was up 0.4% at $2,338.80 per ounce as of 1135 GMT, … Read more
[ Public Provident Fund: The Public Provident Fund (PPF) is popular because of its attractive interest rates and tax benefits, especially for small savers. You can deposit as little as Rs 500 or up to Rs 1.5 lakh annually in a PPF account.PPF provides tax exemption under section 80C of the Income Tax Act, and … Read more
[ NEW DELHI: The Reserve Bank of India will likely keep interest rates unchanged Friday, with chances of an early cut fading after the government warned of a coming heatwave and the economy grew faster than expected.The central bank will likely keep its benchmark repurchase rate at 6.5% for a seventh straight policy meeting, according … Read more
[ NEW DELHI: E-commerce major Amazon on Saturday said it is revising its seller fees on account of inflation and interest rates, as well as to match the industry-prevalent fee structures. Starting April 7, Amazon.in is revising its fee structure, including referral fees, closing fees, and weight handling fees besides other ancillary fee heads, for … Read more
[ Gold climbed over 1% on Wednesday after the U.S. Federal Reserve indicated they expect to reduce interest rates by three quarters of a percentage point by end-2024, sending the dollar and Treasury yields lower. Spot gold rose 1.2% to $2,183.02 per ounce by 15:23 p.m. EDT (1923 GMT). U.S. gold futures settled 0.1% higher … Read more
[ NEW DELHI: The US Federal Reserve is expected to maintain its key lending rate unchanged on Wednesday, continuing discussions on potential rate cuts in the ongoing battle against inflation.The Fed has raised interest rates to a 23-year high between 5.25 and 5.50 percent to stabilize inflation at its long-term target of two percent. Despite … Read more
[ Lenders are pulling mortgage rates at the quickest rate for six months, with customers facing costs totalling hundreds of pounds per year more a result. The average shelf-life of a mortgage has nearly halved since the start of February, according to data from Moneyfacts, with the average deal on the market for only 15 … Read more
