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Latest Articles
RBI repo rate hike could be good news for FD investors. Here's why
44+ min ago (639+ words) The Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday raised the repo rate by 25 basis points to 5.50%, making borrowing costlier for many borrowers. But for people investing in fixed deposits (FDs), the rate hike could bring some good…...
Wealthy investors view rates and yields as the biggest growth risk, says Deutsche Bank
1+ day, 5+ hour ago (273+ words) SINGAPORE, Oct 7 (Reuters) - The world's rich view rising rates and yields as the biggest threat to global economic growth, while a large majority expect Asia to be the most stable geopolitical region for the next 12 months, according to a Deutsche…...
Dollar edges back from 18-month high after FOMC minutes
30+ min ago (334+ words) The dollar held near its strongest level in a year-and-a-half in subdued trading at the start of the Asian session on Thursday, after hawkish minutes from the Federal Open Market Committee signaled policymakers at the US central bank viewed inflation…...
McDonald's Was Not a "Stock": The Safety Myth of Defensive Stocks Collapses as US Interest Rates Hit 5%
1+ week, 1+ day ago (219+ words) As long-term US interest rates continue to rise, McDonald's stock price continues to fall. Comparing the trend of the 10-year US Treasury yield with McDonald's stock price reveals that the stock price is falling in lockstep with rising interest rates,…...
Amazon Layoffs: E-Commerce Giant Cuts Nearly 1,000 Jobs; US, India, UK Employees Hit
26+ min ago (414+ words) The latest layoffs are part of a series of smaller workforce reductions at Amazon following a much larger round of job cuts that began last year and continued into January. Amazon had previously announced plans to eliminate around 30,000 corporate positions....
India Inc’s credit quality remains resilient
44+ min ago (416+ words) An assessment of credit quality in H1FY27 shows the credit ratio, the proportion of rating upgrades to downgrades, rising to 3.95 times from 1.93 times in H2FY26 The geopolitical situation remains tense, energy prices are fluctuating, inflation pressures persist, and monetary conditions have tightened…...
Mortgage Rates Sit at Nearly 3-year High
35+ min ago (124+ words) Higher borrowing costs for home buyers. The average rate on a 30-year fixed mortgage jumped to nearly 7.5 percent last week—the highest in almost three years, according to the Mortgage Bankers Association. What would you like to watch today? Mortgage…...
Samsung's Phone, Appliance Units Seen Posting Trillion-Won Loss in Q3
2+ hour, 7+ min ago (494+ words) Samsung Electronics' DX division covering smartphones and appliances is estimated to have posted an operating loss of more than 1 trillion won in the…...
Budget minister calls for 'virtuous cycle' of spending, growth and tax revenue
45+ min ago (284+ words) Budget Minister Park Hong-geun speaks during a parliamentary session in Seoul, Sept. 28. Yonhap Korea's budget minister on Thursday stressed the need to establish a "virtuous cycle" of proactive fiscal spending, economic growth and higher tax revenue, noting the government's proposed…...
Breitbart Business Digest: The Fed’s Tariff Math Doesn’t Add Up to Inflation
5+ hour, 53+ min ago (591+ words) The Fed’s Tariff Study Assumes Its Own Conclusion The New York Fed has posted yet another paper by Mary Amiti and a team of economists on the costs of tariffs. It’s widely being read as showing that tariffs have pushed…...