Articles for Bank Hit

Rachel Reeves driving up prices with tax and spend Budget, warns Bank of England
1 month, 2 weeks ago

Rachel Reeves driving up prices with tax and spend Budget, warns Bank of England

The Telegraph  

In his first assessment of the Chancellor’s maiden Budget, Governor Andrew Bailey said a “substantial” increase in public spending and tax changes that “clearly raise the cost of employment” will drive prices higher over the next three years. It came as shares on Wall Street continued to scale record highs amid expectations of a fresh wave of tax cuts and …

Tax Bank
India's forex reserves jump USD 2.98 billion to hit fresh peak of USD 648.56 billion: RBI
8 months, 1 week ago

India's forex reserves jump USD 2.98 billion to hit fresh peak of USD 648.56 billion: RBI

India TV News  

India's forex reserves jumped USD 2.98 billion to hit a fresh peak of USD 648.56 billion, RBI said on Friday. In the previous reporting week, the forex kitty had increased by USD 2.951 billion to USD 645.583 billion, which was an all-time high. For the week ended April 5, the foreign currency assets, a major component of the reserves, increased …

India Billion Rbi Reserves Jump Usd
Stock markets hit new peaks after RBI upgrades growth forecast | Here are DETAILS
1 year ago

Stock markets hit new peaks after RBI upgrades growth forecast | Here are DETAILS

India TV News  

Business news: Benchmark Sensex and Nifty rebounded to close at their new lifetime highs today after the Reserve Bank of India raised the growth forecast for the current fiscal and kept policy rates unchanged, triggering heavy buying in banking and other rate-sensitive stocks. The 30-share BSE Sensex rose 303.91 points, or 0.44 per cent, to hit its new peak of …

Growth Bank Nifty Cent Bse Points Sensex
Equitas SFB shares hit new high despite weak market sentiments. Buy or wait?
1 year, 2 months ago

Equitas SFB shares hit new high despite weak market sentiments. Buy or wait?

Live Mint  

Stock market today: Equitas Small Finance Bank shares have been in uptrend after the announcement of Q2 results 2023 on Thursday last week. Equitas Small Finance Bank share price target Expecting further upside in Equitas Small Finance Bank shares, Sumeet Bagadia, Executive Director at Choice Broking said, "Equitas Small Finance Bank shares are looking bullish on chart. Equitas Small Finance …

Finance Bank Stock Share Cent Small Shares
European Investment Bank hit by cyber attack after Russian hackers vow to bring down financial system
1 year, 6 months ago

European Investment Bank hit by cyber attack after Russian hackers vow to bring down financial system

The Telegraph  

The European Investment Bank has been hit by a cyber attack suspected to have been orchestrated by Russian hackers, days after threats to bring down the Western financial system. The attack comes days after Russian-speaking hackers threatened to launch cyber attacks against Western financial institutions over support for Ukraine. A group claiming to be from the Killnet gang last week …

Attack Cyber Attack Russian Russian Hackers Eib Bank Hit
Global shares hit by jittery banks ahead of US payrolls
1 year, 9 months ago

Global shares hit by jittery banks ahead of US payrolls

Live Mint  

Global stocks languished at two-month lows on Friday ahead of Wall Street's opening bell as Silicon Valley Bank shares came under fresh pressure, and investors waited to see how U.S. nonfarm payrolls could shape Federal Reserve thinking on rates. The yen erased earlier losses on the Bank of Japan keeping stimulus settings steady, while the dollar eased against the Swiss …

Europe Bank Index Fed Silicon Valley Bank
Credit Suisse shares hit record low after accounts questioned by US regulator
1 year, 9 months ago

Credit Suisse shares hit record low after accounts questioned by US regulator

The Telegraph  

Credit Suisse shares have dropped to a new record low after US regulators questioned the beleaguered bank about its accounts. The stock fell more than 5pc to as little as 2.51 Swiss francs in Zurich after the lender announced that publication of its annual report would be delayed following a call late on Wednesday evening from the Securities and Exchange …

Sec Low Credit Suisse
美国按揭利率创下14年新高 购房成本大增
2 years, 3 months ago

美国按揭利率创下14年新高 购房成本大增

China Daily  

近日美国30年期房贷平均利率达到了6.02%，创下了2008年金融危机以来的最高水平。与此同时，由于住房供应不足，房价还在继续攀升，这将使更多美国家庭“望房兴叹”。 Photo/Pexels The cost of a typical mortgage in the US has hit its highest level since the 2008 financial crisis as the country battles to rein in soaring prices. 高于预期的数据促使人们认为美联储会继续大幅加息，房贷利率也应风上涨。 "Rates continued to rise alongside hotter-than-expected inflation numbers this week, exceeding 6% for the first time since late 2008," said Sam Khater, chief economist at Freddie Mac, the government- …

Mortgage Rate Rates 2008
Inflation in 19 countries using the euro hits another record
2 years, 10 months ago

Inflation in 19 countries using the euro hits another record

Associated Press  

FRANKFURT, Germany — Inflation fed by high oil and gas prices hit record levels in Europe for the third month in a row, extending pain for consumers and sharpening questions about future moves by the European Central Bank. The 19 countries that use the euro currency saw consumer prices increase by an annual 5.1% in January, the European Union statistics …

Europe Inflation Central Banks Euro Energy Prices