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Articles for Ubs, search results for rate

SNB Is Edging Toward Zero Rate in Tussle With Franc Speculators
2 weeks ago

SNB Is Edging Toward Zero Rate in Tussle With Franc Speculators

Live Mint  

-- Switzerland’s two-year stint of positive interest rates is about to inch closer to a potential end with the central bank’s likely move to cut borrowing costs this week. Either way, the decision will use up precious ammunition for a central bank whose rate is already one of the world’s lowest, showcasing the quandary for Swiss policymakers trying to prevent …

Inflation Currency Central Rate Bloomberg Switzerland Ubs
Why property and stock markets are thumbing their noses at rate hikes
5 months, 3 weeks ago

Why property and stock markets are thumbing their noses at rate hikes

ABC  

This time it's different. Photo shows RBA governor Michele Bullock at press conference Rate rise after rate rise should have sent the economy into a tailspin, but the RBA isn't fighting a textbook case of inflation. And it's seen central bankers scrambling to try to nut out just why developed economies aren't reacting to interest rate hikes the way they …

Global World Financial Inflation Interest Rates Interest Central Banks
UBS Returns to Profit as Wealth, Investment Bank Drive Beat
7 months, 2 weeks ago

UBS Returns to Profit as Wealth, Investment Bank Drive Beat

Hindustan Times  

UBS Group AG returned to profit after two loss-making quarters, with both wealth management and the investment bank adding to sustained progress in the integration of Credit Suisse after its emergency rescue last year. UBS Returns to Profit as Wealth, Investment Bank Drive Beat The Zurich-based bank said net income in the first quarter was $1.8 billion, compared with analysts …

Wealth Capital Profit Billion Ubs Swiss Credit Suisse
RBA keeps interest rates on hold at 4.35pc but says 'it will be some time' before inflation within target band
9 months ago

RBA keeps interest rates on hold at 4.35pc but says 'it will be some time' before inflation within target band

ABC  

The Reserve Bank has left interest rates on hold amid signs that growth in the economy has dramatically slowed down following 13 interest rate rises since May 2022. The cash rate remains at 4.35 per cent, and while the central bank gave no clear indication of where it was headed next, saying it was "not ruling anything in or out", …

Economy Growth Board Inflation Interest Rates Interest Target
Bajaj Finance to de-rate, says UBS; assumes coverage with ‘Sell’
11 months, 1 week ago

Bajaj Finance to de-rate, says UBS; assumes coverage with ‘Sell’

Live Mint  

Bajaj Finance is expected to see an earnings downgrade and a de-rating in its multiples going ahead, analysts said. The market is likely overestimating Bajaj Finance’s ability to keep growing AUM at its historical pace while maintaining ROA despite increased competition and its large size, according to analysts at UBS. UBS believes Jio Financial Services may disrupt Bajaj Finance’s core …

Financial Share Bajaj Ubs Bajaj Finance Jio Financial Services Finance Jio
Why the US job market has defied rising interest rates and expectations of high unemployment
1 year, 3 months ago

Why the US job market has defied rising interest rates and expectations of high unemployment

Associated Press  

WASHINGTON — Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households. Grim forecasts from economists had predicted that as the Federal Reserve jacked up its benchmark rate ever higher, consumers and businesses would curb spending, companies would slash jobs and unemployment would spike as high as 7% or more — twice …

Job Market Inflation Services Jobs Unemployment Interest Rates
IT drags Sensex below 65,400, Nifty ends 55 pts lower; Infosys, Adani Ent shed
1 year, 5 months ago

IT drags Sensex below 65,400, Nifty ends 55 pts lower; Infosys, Adani Ent shed

Live Mint  

Share Market Today: Sensex and the Nifty ended in the red after a sharp fall towards the end with IT stocks dragging the market, while PSU Bank sector remained steady. Share Market Noon Update: Sensex and Nifty shed marginally after remaining in green most of the session; IT sector drags with gaming cos feeling the heat of GST decision View …

India Stocks Market Horse Racing Gaming Indian Google
Coles and Woolworths food prices rise by 9.6 per cent in past year, outpacing inflation rate
1 year, 7 months ago

Coles and Woolworths food prices rise by 9.6 per cent in past year, outpacing inflation rate

ABC  

Australian supermarket food prices have increased by a new peak of nearly 10 per cent over the past 12 months, outpacing annual inflation as the cost of living continues to rise. Key points: Analysis by UBS found food prices at Coles and Woolworths increased to 9.6 per cent in the past 12 months Coles prices increased to 10.5 per cent …

Food Inflation Prices Food Inflation Cent Rate Past
US Fed interest rate hike dilemma: Damned if you do, damned if you don’t
1 year, 7 months ago

US Fed interest rate hike dilemma: Damned if you do, damned if you don’t

Firstpost  

“You need to go and kill that beast,” IMF’s European department director Alfred Kammer said in Stockholm this Friday, AFP reported. The US is a “market economy” where the Smithian “invisible hand” of the market is supposed to guide the economic policy with the least indulgence from the state’s part. Even now this “beast” seems to have not got tamed …

Economy Europe World Inflation Bank Economic Interest Rates
European Central Bank hikes rates by a quarter-percentage point
1 year, 7 months ago

European Central Bank hikes rates by a quarter-percentage point

CNN  

London CNN — The European Central Bank raised interest rates by a quarter of a percentage point Thursday, the smallest increase since it started hiking in July, after data this week showed core inflation cooling and banks pulling back sharply on lending. “We have more ground to cover and we are not pausing,” she told reporters later on Thursday, adding …

Inflation Bank Interest Rates Fed Rate Euro Ubs
TMSEp396: US Fed rate hike, Bisleri, air pollution, Credit Suisse AT1 bonds
1 year, 9 months ago

TMSEp396: US Fed rate hike, Bisleri, air pollution, Credit Suisse AT1 bonds

Business Standard  

Notwithstanding the banking crisis in the US, the Federal Reserve went ahead with its planned rate hike of 25 basis points or bps on Wednesday. However, this time the central bank sounded less hawkish and left its target Fed funds rate unchanged. Fed officials also anticipate that the banking turmoil will tighten credit availability and impact consumer demand in the …

India Fed Credit Suisse Bisleri
Fed’s unwanted ally in bid to tame inflation: Credit crunch
1 year, 9 months ago

Fed’s unwanted ally in bid to tame inflation: Credit crunch

Associated Press  

WASHINGTON — The Federal Reserve is getting some unwanted help in its drive to slow the U.S. economy and defeat the worst bout of inflation in four decades: a cutback in bank lending. “It can come from tighter credit conditions.” Similarly, after the European Central Bank raised its own benchmark rate by a substantial half percentage point last week, its …

Economy Billion Rate Banks European Ubs Powell
Fed raises key rate by quarter-point despite bank turmoil
1 year, 9 months ago

Fed raises key rate by quarter-point despite bank turmoil

Firstpost  

Washington: The Federal Reserve extended its year-long fight against high inflation Wednesday by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system. At the same time, the Fed warned that the financial upheaval stemming from the collapse of two major banks is “likely to result …

Inflation Banking Bank Cent Fed Rate Likely
Inflation rises more than forecast, increasing interest rate hike odds
1 year, 11 months ago

Inflation rises more than forecast, increasing interest rate hike odds

ABC  

Inflation has come in higher than expected, increasing the chances of another Reserve Bank interest rate rise next month. Key points: The official Consumer Price Index jumped 7.8 per cent last year Travel and accommodation as well as electricity contributed the biggest price rises over the last three months of 2022 Travel was also among the biggest price rises over …

Electricity Prices Interest Rate Ubs Rba Rise Photo
Reserve Bank raises interest rates again in most aggressive increases since 1994
2 years, 3 months ago

Reserve Bank raises interest rates again in most aggressive increases since 1994

ABC  

The Reserve Bank has raised interest rates by 0.5 of a percentage point, taking its cash rate target to 2.35 per cent. Key points: The RBA has raised the cash rate by 0.5 of a percentage point for the fourth straight month The cash rate target of 2.35 per cent is the highest since the beginning of 2015 RBA governor …

Bank Interest Rates Cent Khan Rate Percentage Rates
Peloton headwinds stiffen as people break pandemic routines
2 years, 7 months ago

Peloton headwinds stiffen as people break pandemic routines

Associated Press  

Peloton’s uphill ride to get more sales is getting rougher as more people return to gyms and other pre-pandemic exercise routines and embrace cheaper options. Peloton’s initial success also created competition, with companies peeling away customers by selling cheaper connected stationary bicycles and exercise equipment. New CEO Barry McCarthy said in a letter to shareholders that Peloton ended the quarter …

Work Bikes Company Million Mccarthy Ubs Peloton
After IMF, World Bank, UBS trims India growth forecast to 7 per cent
2 years, 8 months ago

After IMF, World Bank, UBS trims India growth forecast to 7 per cent

Hindustan Times  

Global financial services firm UBS on Friday projected India's economic growth at 7 per cent for the current financial year, down by 70 basis points, news agency Reuters reported. On Wednesday, the International Monetary Fund had projected India's growth to 8.2 per cent, stating that the growth had slashed by 0.8 base points from last year in the same period. …

India Global Growth Cent Reuters Imf Ubs Growth Forecast