Russian rouble firms; eyes on Navalny's court hearing
MOSCOW, Feb 2 (Reuters) – The Russian rouble opened firmer on Tuesday, buttressed by rising oil prices, but its gains were limited ahead of a […]
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US economy is healing, but workers have a long way to go: Congressional Budget Office
WASHINGTON (NYTIMES) – The US economy will return to its pre-pandemic size by the middle of this year, even if Congress does not approve any […]
Continue reading »EXCLUSIVE-Intesa tests market with bad loan sales worth up to 5-6 bln euros-sources
MILAN, Feb 1 (Reuters) – Intesa Sanpaolo is marketing a bad loan portfolio worth up to 5-6 billion euro ($6-$7 billion), two people familiar with […]
Continue reading »UPDATE 1-Ethiopia's debt relief request to put other DSSI nations under scrutiny – Morgan Stanley
(Adds details, background, quotes) LONDON, Feb 1 (Reuters) – Ethiopia’s request for debt relief in recent days is likely to put other poor countries also […]
Continue reading »UPDATE 1-Italian bond yields dip as Mario Draghi touted for PM
* Italian yields drop 3-4 bps across the curve * Former PM Renzi wants Draghi to head Italian govt * Euro zone manufacturing resilient in […]
Continue reading »10 Republican senators agree to meet with Biden to talk COVID-19 relief
Goolsbee: Biden’s $1.9T COVID relief bill ‘absolutely needed’ Steve Forbes and former of Council of Economic Advisers Chairman Austan Goolsbee discuss Biden’s economic agenda. A […]
Continue reading »What to know about Vlad Tenev, CEO of Robinhood
Murphy: Retail investing is not dead, it’s controlling markets Mike Murphy and Mitch Roschelle break down the GameStop controversy on ‘Maria Bartiromo’s Wall Street’ Brokerage […]
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Everything we know about the GameStop stock insanity
More On: gamestop Google deletes thousands of negative Robinhood app reviews This Redditor made millions off GameStop, sparked market frenzy Facebook reverses course on banned […]
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Sales of affordable homes improving; signalling recovery in real estate sector: Economic Survey
During the quarter July to September 2020, transactions for HPI@Assessment Prices have increased by around 150 % on Q-o-Q basis The COVID-19 pandemic affected the […]
Continue reading »PREVIEW-U.S. Treasury borrowing levels not expected to change for first quarter
Jan 29 (Reuters) – The U.S. Treasury Department is expected to keep the sizes of debt auctions steady when it announces its quarterly refunding next […]
Continue reading »U.S. Weekly Jobless Claims Drop More Than Expected To 847,000
A report released by the Labor Department on Thursday showed a continued pullback in first-time claims for U.S. unemployment benefits in the week ended January […]
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Home loans boost Singapore bank lending in December: MAS data
SINGAPORE (THE BUSINESS TIMES) – Singapore’s bank lending rose for the second straight month in December on continued growth in housing loans, data from the […]
Continue reading »US economy likely logged its weakest performance in 74 years in 2020
Fox Business Flash top headlines for January 27 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. The U.S. economy likely […]
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5-pronged plan to develop Singapore as global e-commerce hub: Chan Chun Sing
SINGAPORE – The Government has a five-pronged strategy to promote Singapore’s status as a regional and global e-commerce hub, Minister for Trade and Industry Chan Chun […]
Continue reading »Vaccinations are the key to US economic recovery, Fed Chair Powell says
Some companies now paying employees to get coronavirus vaccine Certain companies are exploring the option of making vaccination mandatory for its employees while other businesses […]
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Fed pledges to keep rates low as US economic recovery slows
The Federal Reserve on Wednesday (US time) left its key overnight interest rate near zero and made no change to its monthly bond purchases, pledging […]
Continue reading »UK Jobless Rate Highest Since 2016 On Tough Lockdown Restrictions
The UK unemployment rate rose to a four-year high and the employment rate continued to decline in the three months to November as the second […]
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Cash machine use fell 38% in 2020 due to Covid contact fears
A sharp fall in cash machine usage last year has prompted a warning that more ATMs could end up being closed or imposing fees. Link, […]
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Budget 2021 to stay 'expansionary but calibrated': UOB
SINGAPORE (THE BUSINESS TIMES) – UOB expects the upcoming Singapore Budget 2021 to stay “expansionary but calibrated” to target specific industries and parts of society […]
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7 in 10 firms say they can keep going despite pandemic: Poll
Businesses in Singapore saw their revenues plunge by 31 per cent on average amid the Covid-19 pandemic, although 69 per cent of them are confident […]
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