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1h
Guardian Unlimited
Policymakers and markets at odds on interest rates as Yellen briefs CongressWhile the Federal Reserve chair, Janet Yellen, is the one tasked with deliverin
Policymakers and markets at odds on interest rates as Yellen briefs Congress
Guardian Unlimited / Posted an hour ago
While the Federal Reserve chair, Janet Yellen, is the one tasked with delivering a message over the next two days when she speaks to Congress, financial markets are keen to know if she has absorbed their message to her: stifle your rate hike... Read more
2 related stories
1h
The Economic Times
Can PSU banks be a multibagger opportunity for stock investors?NEW DELHI: The Nifty PSU Bank has plunged over 20 per cent so far in calendar 2
Can PSU banks be a multibagger opportunity for stock investors?
The Economic Times / Posted an hour ago
NEW DELHI: The Nifty PSU Bank has plunged over 20 per cent so far in calendar 2016. In the past one year, it is down 40 per cent compared with a little over 14 per cent fall in the BSE Sensex. Most of the PSU banks have plunged more than 50 per cent... Read more
2h
The Financial Express
Punjab National Bank shares extend losses; should you ‘Buy’, ‘Sell’ or ‘Hold’?Led by higher provision for bad loans Punjab National Bank on Tuesday reported
Punjab National Bank shares extend losses; should you ‘Buy’, ‘Sell’ or ‘Hold’?
The Financial Express / Posted 2 hours ago
Led by higher provision for bad loans Punjab National Bank on Tuesday reported 93 per cent fall in its net profit figures for the quarter ended December 2015. The bank posted net profit of Rs 51.01 crore against Rs 774.56 crore in the corresponding... Read more
27 related stories
2h
iol.co.za
Magara calls for firmer emissions legislationJohannesburg - Ben Magara, the chief executive of Lonmin, the world’s third lar
Magara calls for firmer emissions legislation
iol.co.za / Posted 2 hours ago
Johannesburg - Ben Magara, the chief executive of Lonmin, the world’s third largest platinum producer, yesterday called on the government to improve emissions legislations to help create an appetite for platinum-based special economic zones which... Read more
2h
dna
7.6% GDP growth significant amid global turmoil, no need to be sceptical: Shaktikanta DasEconomic Affairs Secretary Shaktikanta Das on Tuesday said the 7.6% Gross Domes
7.6% GDP growth significant amid global turmoil, no need to be sceptical: Shaktikanta Das
dna / Posted 2 hours ago
Economic Affairs Secretary Shaktikanta Das on Tuesday said the 7.6% Gross Domestic Product (GDP) growth is "significant" amid the global turmoil and there is no need to be "sceptical". At the same time, he underscored the importance of... Read more
32 related stories
2h
The Economic Times
Is rate cut cycle nearing its end ?The good thing about monetary policy as Governor Stein of the Federal Reserve s
Is rate cut cycle nearing its end ?
The Economic Times / Posted 2 hours ago
The good thing about monetary policy as Governor Stein of the Federal Reserve said is it gets into every crack. In fact, what we see today is transmission is not happening as much through the banks as through money market rates. Money market rates... Read more
2h
The Economic Times
Bad loans push three govt banks into red"The surgery is not over... Something which has to be cleaned up has to be clea
Bad loans push three govt banks into red
The Economic Times / Posted 2 hours ago
"The surgery is not over... Something which has to be cleaned up has to be cleaned up. Everybody has to undergo the pain," PNB managing director & CEO Usha Ananthasubramanian said. The trends available from the December-end quarter results,... Read more
27 related stories
3h
The Age
Consumer mood rose before market tumultNot sold: Survey respondents are doubtful about whether to buy a house now. Pho
Consumer mood rose before market tumult
The Age / Posted 3 hours ago
Not sold: Survey respondents are doubtful about whether to buy a house now. Photo: Dominic Lorrimer Consumer confidence has rebounded from January's lows, according to the latest Westpac-Melbourne Institute sentiment survey. However, the report... Read more
11 related stories
3h
Business Wire
WorldRemit Raises $45m to Drive Next Phase of GrowthThe WorldRemit app lets people send money straight from their smartphone, inste
WorldRemit Raises $45m to Drive Next Phase of Growth
Business Wire / Posted 3 hours ago
The WorldRemit app lets people send money straight from their smartphone, instead of having to travel to a money transfer agent. Those receiving money– often in developing countries - can collect the funds as Mobile Money, bank transfer, for cash... Read more
4h
The Current
UM System Audit Amid Budget CrisisBy Kat Riddler, Editor-in-Chief The University of Missouri—St. Louis community
UM System Audit Amid Budget Crisis
The Current / Posted 4 hours ago
By Kat Riddler, Editor-in-Chief The University of Missouri—St. Louis community was alerted to the campus’ $15 million deficit two weeks ago. The deficit could cause layoffs for faculty and staff while the announcement caused an uproar for the lack... Read more
4h
AllAfrica.com
Chinamasa Vows More Reforms to Attract FDIFINANCE minister Patrick Chinamasa has said government will continue making ref
Chinamasa Vows More Reforms to Attract FDI
AllAfrica.com / Posted 4 hours ago
FINANCE minister Patrick Chinamasa has said government will continue making reforms with the aim of attracting Foreign Direct Investment (FDI), adding that lack of confidence amongst Zimbabweans was hindering investment and negatively impacting on... Read more
4h
TheBull
Consumers confident, but have job concernsAustralian consumers are more worried about jobs than the global economy at the
Consumers confident, but have job concerns
TheBull / Posted 4 hours ago
Australian consumers are more worried about jobs than the global economy at the moment. Consumer confidence rebounded in February despite ongoing volatility on world financial markets amid fears about global economic growth. But while the... Read more
11 related stories
4h
Adelaide Now
Consumers confident, but have job concerns Australian consumers are more worried about jobs than the global economy at t
Consumers confident, but have job concerns
Adelaide Now / Posted 4 hours ago
Australian consumers are more worried about jobs than the global economy at the moment. Consumer confidence rebounded in February despite ongoing volatility on world financial markets amid fears about... Read more
11 related stories
5h
The Financial Express
Facts dispute claims by banks: write-off gallops, recovery crawlsThe record of loan recovery by banks after being written off flies in the face
Facts dispute claims by banks: write-off gallops, recovery crawls
The Financial Express / Posted 5 hours ago
The record of loan recovery by banks after being written off flies in the face of claims made by the Finance Ministry, Reserve Bank of India and State Bank of India that the recovery process does not stop even after write-offs. In the last three... Read more
10 related stories
5h
The Daily Reckoning
403 Years is a Long Time to Wait to Earn a Profit on a Stock...This should worry a few investors: ‘Amid the normal consensus of bullish calls
403 Years is a Long Time to Wait to Earn a Profit on a Stock...
The Daily Reckoning / Posted 5 hours ago
This should worry a few investors: ‘Amid the normal consensus of bullish calls for stocks in 2016, evidence is mounting that Wall Street strategists are losing their resolve as everything from China to oil and interest rates roil markets. ‘Just... Read more
5h
dna
dna Morning Must Reads: From Trump and Sanders' New Hampshire win to Priyanka Chopra's Oscars outfit1. Donald Trump, Bernie Sanders win US nominating contests in New Hampshire Th
dna Morning Must Reads: From Trump and Sanders' New Hampshire win to Priyanka Chopra's Oscars outfit
dna / Posted 5 hours ago
1. Donald Trump, Bernie Sanders win US nominating contests in New Hampshire The results, though decisive, did little to clear up confusion about who would emerge as the establishment contender to Trump on the Republican side. Read more here 2.... Read more
5h
dna
Banks start reporting losses as bad loan rot worsensSkeletons are tumbling out of the cupboard after the Reserve Bank of India (RBI
Banks start reporting losses as bad loan rot worsens
dna / Posted 5 hours ago
Skeletons are tumbling out of the cupboard after the Reserve Bank of India (RBI)'s review of bank's accounts. Banks have started reporting losses as they set aside capital buffers to cushion the weak or bad loans that they were carrying on as... Read more
27 related stories
6h
dna
Mallya 'default' makes Diageo lose $135 millionDespite Reserve Bank of India governor Raghuram Rajan's veiled reference to Vij
Mallya 'default' makes Diageo lose $135 million
dna / Posted 6 hours ago
Despite Reserve Bank of India governor Raghuram Rajan's veiled reference to Vijay Mallya for 'flaunting your birthday bashes despite owing the system lot of money', the message seems to have been lost on the businessman. Diageo, the spirits firm... Read more
8h
Reuters
Rates markets, at odds with Fed, seek clarity from YellenA trader works on the floor of the New York Stock Exchange (NYSE) as a televisi
Rates markets, at odds with Fed, seek clarity from Yellen
Reuters / Posted 8 hours ago
A trader works on the floor of the New York Stock Exchange (NYSE) as a television screen displays coverage of U.S. Federal Reserve Chairman Janet Yellen shortly after the announcement that the U.S. Federal Reserve had hiked interest rates for the... Read more
2 related stories
9h
Channel NewsAsia
Rates markets, at odds with Fed, seek clarity from YellenNEW YORK: While Federal Reserve Chair Janet Yellen is the one tasked with deliv
Rates markets, at odds with Fed, seek clarity from Yellen
Channel NewsAsia / Posted 9 hours ago
NEW YORK: While Federal Reserve Chair Janet Yellen is the one tasked with delivering a message over the next two days when she speaks to Congress, financial markets are keen to know if she has absorbed their message to her: stifle your rate hike... Read more
2 related stories
9h
CNBC
Only 3 rate hikes this year: Goldman's HatziusFed Chair Janet Yellen is scheduled to appear before Congress on Wednesday, but
Only 3 rate hikes this year: Goldman's Hatzius
CNBC / Posted 9 hours ago
Fed Chair Janet Yellen is scheduled to appear before Congress on Wednesday, but ahead of that the Street was talking about what she will say. "She needs to walk a fairly fine line between not appearing like she's completely ignoring the turmoil in... Read more
9h
The Times & The Sunday Times
Zuma must stop government 'scoring own-goals'Zuma and cabinet ministers had talks with more than 140 business leaders in Cap
Zuma must stop government 'scoring own-goals'
The Times & The Sunday Times / Posted 9 hours ago
Zuma and cabinet ministers had talks with more than 140 business leaders in Cape Town intended to find ways of improving investor sentiment towards this country and of stimulating growth in an economy weakened by a fall in metals prices, slowing... Read more
10h
USA Today
Ex T-man Geithner cashing in on Wall StreetWASHINGTON – Timothy Geithner is finally cashing in. After an appropriate stin
Ex T-man Geithner cashing in on Wall Street
USA Today / Posted 10 hours ago
WASHINGTON – Timothy Geithner is finally cashing in. After an appropriate stint at a think tank to write his memoir and a quiet transition to Wall Street, President Obama’s first Treasury secretary, who left office in 2013, is now ready to make... Read more
4 related stories
10h
Canberra Times
Innovation in electronic payments to accelerate demise of chequesConsigned to history: New electronic funds transfer systems will mean the days
Innovation in electronic payments to accelerate demise of cheques
Canberra Times / Posted 10 hours ago
Consigned to history: New electronic funds transfer systems will mean the days of writing out big cheques will be over for most people. Photo: Salvation Army It's been almost 20 years since I last owned a cheque book in Australia, and I never felt... Read more
10 related stories
10h
Canberra Times
Commonwealth Bank profit rises 4pc to $4.8 billionCommonwealth Bank's first half profits swelled 4 per cent to $4.8 billion, help
Commonwealth Bank profit rises 4pc to $4.8 billion
Canberra Times / Posted 10 hours ago
Commonwealth Bank's first half profits swelled 4 per cent to $4.8 billion, helped by a strong performance in its flagship retail banking arm and low numbers of loans turning sour. Amid a debate over whether banks may be forced to cut their... Read more
12 related stories
10h
San Francisco Chronicle
Here's how many high school graduates every US county hasOne of the US Census Bureau's largest and most important projects is the Americ
Here's how many high school graduates every US county has
San Francisco Chronicle / Posted 10 hours ago
One of the US Census Bureau's largest and most important projects is the American Community Survey, a massive ongoing survey that asks millions of Americans each year about their demographic, social, economic, and housing situations. By pooling... Read more
2 related stories
10h
The Indian Express
Facts dispute claims by banks: write-off gallops, recovery crawlsThe record of loan recovery by banks after being written off flies in the face
Facts dispute claims by banks: write-off gallops, recovery crawls
The Indian Express / Posted 10 hours ago
The record of loan recovery by banks after being written off flies in the face of claims made by the Finance Ministry, Reserve Bank of India and State Bank of India that the recovery process does not stop even after write-offs. In the last three... Read more
10 related stories
10h
Stamford Advocate
Here's how many high school graduates every US county hasOne of the US Census Bureau's largest and most important projects is the Americ
Here's how many high school graduates every US county has
Stamford Advocate / Posted 10 hours ago
One of the US Census Bureau's largest and most important projects is the American Community Survey, a massive ongoing survey that asks millions of Americans each year about their demographic, social, economic, and housing situations. By pooling... Read more
2 related stories
10h
Connecticut Post
Here's how many high school graduates every US county hasOne of the US Census Bureau's largest and most important projects is the Americ
Here's how many high school graduates every US county has
Connecticut Post / Posted 10 hours ago
One of the US Census Bureau's largest and most important projects is the American Community Survey, a massive ongoing survey that asks millions of Americans each year about their demographic, social, economic, and housing situations. By pooling... Read more
2 related stories
11h
Business Wire
Prudential Financial, Inc. appoints three new members to its Board of DirectorsNEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE:PRU) announced
Prudential Financial, Inc. appoints three new members to its Board of Directors
Business Wire / Posted 11 hours ago
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE:PRU) announced today that it has elected three new independent directors to its Board of Directors: The appointment of the new directors comes as two current members will not stand for... Read more
11h
The Economic Times
Falling US inflation may signal further market volatilityFalling inflation expectations in US bond markets are flashing warning signs th
Falling US inflation may signal further market volatility
The Economic Times / Posted 11 hours ago
Falling inflation expectations in US bond markets are flashing warning signs that markets may stay volatile, and adding to fears about the slowing global economy. Inflation-linked markets have been pricing in increasing doubts that inflation will... Read more
12h
The Financial Express
Punjab National Bank net drops 93% on rising provisionsPunjab National Bank (PNB) said on Tuesday its profit for the three months to D
Punjab National Bank net drops 93% on rising provisions
The Financial Express / Posted 12 hours ago
Punjab National Bank (PNB) said on Tuesday its profit for the three months to December plunged 93% year-on-year (y-o-y) to R51 crore owing to higher provisions. The lender reported a pre-tax loss of R858 crore in Q3FY16 but a tax writeback of R909... Read more
27 related stories
13h
Business Standard India
NPA provisions hit PNB, Dena, Allahabad BankSlippages and provisioning pressure to stay high in March quarter, too, say ban
NPA provisions hit PNB, Dena, Allahabad Bank
Business Standard India / Posted 13 hours ago
Slippages and provisioning pressure to stay high in March quarter, too, say bankersSlippages and provisioning pressure to stay high in March quarter, too, say bankers Punjab National Bank, Allahabad Bank,... Read more
27 related stories
13h
Reuters
Falling U.S. inflation markets may signal further market volatilityTraders work on the floor of the New York Stock Exchange (NYSE) February 9, 201
Falling U.S. inflation markets may signal further market volatility
Reuters / Posted 13 hours ago
Traders work on the floor of the New York Stock Exchange (NYSE) February 9, 2016. Falling inflation expectations in U.S. bond markets are flashing warning signs that markets may stay volatile, and adding to fears about the slowing global... Read more
14h
The Financial Express
7.6% growth significant, no need to be sceptical: Shaktikanta DasEconomic Affairs Secretary Shaktikanta Das today said the 7.6 per cent GDP grow
7.6% growth significant, no need to be sceptical: Shaktikanta Das
The Financial Express / Posted 14 hours ago
Economic Affairs Secretary Shaktikanta Das today said the 7.6 per cent GDP growth is “significant” amid the global turmoil and there is no need to be “sceptical”. At the same time, he underscored the importance of reforms. According to data of the... Read more
32 related stories
14h
The Economic Times
7.6% growth significant, no need to be sceptical: Shaktikanta DasNEW DELHI: Economic Affairs Secretary Shaktikanta Das today said the 7.6 per ce
7.6% growth significant, no need to be sceptical: Shaktikanta Das
The Economic Times / Posted 14 hours ago
NEW DELHI: Economic Affairs Secretary Shaktikanta Das today said the 7.6 per cent GDP growth is "significant" amid the global turmoil and there is no need to be "sceptical". At the same time, he underscored the importance of reforms. According to... Read more
32 related stories
14h
The Times & The Sunday Times
R7m in bank notes nabbed at Durban airport"We confiscated the money and handed it over to the South African Reserve Bank,
R7m in bank notes nabbed at Durban airport
The Times & The Sunday Times / Posted 14 hours ago
"We confiscated the money and handed it over to the South African Reserve Bank," Sars spokesperson Sandile Memela told Fin24. Memela said that the passenger would face criminal prosecution as he "failed to declare that he was taking R7m out of the... Read more
4 related stories
14h
The Hindu
Gates Foundation on Centre’s radarThe Indian government will closely scrutinise the Bill & Melinda Gates Foundati
Gates Foundation on Centre’s radar
The Hindu / Posted 14 hours ago
The Indian government will closely scrutinise the Bill & Melinda Gates Foundation’s (BMGF) methods of donations in India after an international report accused the world’s biggest philanthropist of influencing government policies in favour of... Read more
15h
Otago Daily Times
House prices up for manyHome values in many of the country's regional areas were boosted over January.
House prices up for many
Otago Daily Times / Posted 15 hours ago
Home values in many of the country's regional areas were boosted over January. Dunedin and Queenstown Lakes were among the leading gainers, while Auckland house values eased. However, t Auckland's red hot market - still up almost 20% on a year ago... Read more
8 related stories
17h
Investopedia
U.S. Recession Without a Yield Curve Warning?An inverted yield curve has been one of the most reliable indicators of a loomi
U.S. Recession Without a Yield Curve Warning?
Investopedia / Posted 17 hours ago
An inverted yield curve has been one of the most reliable indicators of a looming recession. The seven recessions that the U.S. economy has experienced in the past were preceded by clear inversions of the yield curve. Professional bankers, traders,... Read more
2 related stories
17h
The Courier
Innovation in electronic payments to accelerate demise of chequesIt's been almost 20 years since I last owned a cheque book in Australia, and I
Innovation in electronic payments to accelerate demise of cheques
The Courier / Posted 17 hours ago
It's been almost 20 years since I last owned a cheque book in Australia, and I never felt that anything was lacking until I tried to buy a house two years ago. It's been almost 20 years since I last owned a cheque book in Australia, and I never felt... Read more
10 related stories
17h
The Economic Times
Punjab National Bank and Dena Bank’s NPA close to 10 per cent, RBI may place restrictionsMUMBAI: Punjab National Bank and Dena Bank are inching closer to the regulatory
Punjab National Bank and Dena Bank’s NPA close to 10 per cent, RBI may place restrictions
The Economic Times / Posted 17 hours ago
MUMBAI: Punjab National Bank and Dena Bank are inching closer to the regulatory restriction of lending, opening new branches or even recruiting as it bad loans has risen to 10 per cent of the total loans. PNB gross NPA has touched 8.4 per cent and... Read more
27 related stories
18h
Northern Daily Leader
Innovation in electronic payments to accelerate demise of chequesIt's been almost 20 years since I last owned a cheque book in Australia, and I
Innovation in electronic payments to accelerate demise of cheques
Northern Daily Leader / Posted 18 hours ago
It's been almost 20 years since I last owned a cheque book in Australia, and I never felt that anything was lacking until I tried to buy a house two years ago. It's been almost 20 years since I last owned a cheque book in Australia, and I never felt... Read more
10 related stories
18h
The Young Witness
Innovation in electronic payments to accelerate demise of chequesIt's been almost 20 years since I last owned a cheque book in Australia, and I
Innovation in electronic payments to accelerate demise of cheques
The Young Witness / Posted 18 hours ago
It's been almost 20 years since I last owned a cheque book in Australia, and I never felt that anything was lacking until I tried to buy a house two years ago. It's been almost 20 years since I last owned a cheque book in Australia, and I never felt... Read more
10 related stories
18h
Western Advocate
Innovation in electronic payments to accelerate demise of chequesIt's been almost 20 years since I last owned a cheque book in Australia, and I
Innovation in electronic payments to accelerate demise of cheques
Western Advocate / Posted 18 hours ago
It's been almost 20 years since I last owned a cheque book in Australia, and I never felt that anything was lacking until I tried to buy a house two years ago. It's been almost 20 years since I last owned a cheque book in Australia, and I never felt... Read more
10 related stories
18h
Kiama Independent
Innovation in electronic payments to accelerate demise of chequesIt's been almost 20 years since I last owned a cheque book in Australia, and I
Innovation in electronic payments to accelerate demise of cheques
Kiama Independent / Posted 18 hours ago
It's been almost 20 years since I last owned a cheque book in Australia, and I never felt that anything was lacking until I tried to buy a house two years ago. It's been almost 20 years since I last owned a cheque book in Australia, and I never felt... Read more
10 related stories
18h
Manning River Times
Innovation in electronic payments to accelerate demise of chequesIt's been almost 20 years since I last owned a cheque book in Australia, and I
Innovation in electronic payments to accelerate demise of cheques
Manning River Times / Posted 18 hours ago
It's been almost 20 years since I last owned a cheque book in Australia, and I never felt that anything was lacking until I tried to buy a house two years ago. It's been almost 20 years since I last owned a cheque book in Australia, and I never felt... Read more
10 related stories
18h
Goondiwindi Argus
Innovation in electronic payments to accelerate demise of chequesIt's been almost 20 years since I last owned a cheque book in Australia, and I
Innovation in electronic payments to accelerate demise of cheques
Goondiwindi Argus / Posted 18 hours ago
It's been almost 20 years since I last owned a cheque book in Australia, and I never felt that anything was lacking until I tried to buy a house two years ago. It's been almost 20 years since I last owned a cheque book in Australia, and I never felt... Read more
10 related stories
18h
The North West Star
Innovation in electronic payments to accelerate demise of chequesIt's been almost 20 years since I last owned a cheque book in Australia, and I
Innovation in electronic payments to accelerate demise of cheques
The North West Star / Posted 18 hours ago
It's been almost 20 years since I last owned a cheque book in Australia, and I never felt that anything was lacking until I tried to buy a house two years ago. It's been almost 20 years since I last owned a cheque book in Australia, and I never felt... Read more
10 related stories
18h
Daily Liberal
Innovation in electronic payments to accelerate demise of chequesIt's been almost 20 years since I last owned a cheque book in Australia, and I
Innovation in electronic payments to accelerate demise of cheques
Daily Liberal / Posted 18 hours ago
It's been almost 20 years since I last owned a cheque book in Australia, and I never felt that anything was lacking until I tried to buy a house two years ago. It's been almost 20 years since I last owned a cheque book in Australia, and I never felt... Read more
10 related stories
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