Article content (Bloomberg) — European bonds rose sharply on the first day of trading in 2023, a sign traders are taking advantage of a recent selloff to lock in some of the highest yields in more than a decade before inflation starts to cool. Article content The rate on 10-year bunds fell as much as […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Davide Barbuscia Published Jan 01, 2023 • 3 minute read Join the conversation Article content NEW YORK, Dec 30 (Reuters) – U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are riding out yet another selloff, as […]
Article content JERUSALEM — Israel’s Bank Hapoalim will not pass on to customers the central bank’s next increase to interest rates, it said on Sunday, citing the struggles of homeowners faced with higher mortgage payments amid a broad spike in the cost of living. The Bank of Israel has raised its benchmark interest rate to […]
Article content (Bloomberg) — Ukraine weathered a fresh New Year’s fusillade of missile and drone strikes one day after Russian strikes damaged three schools, a kindergarten, and several private houses. Ukraine’s air defense forces said it shot down 45 drones overnight. Article content Russia and Ukraine carried out a prisoner swap on Saturday that saw […]
Article content (Bloomberg) — The US Treasury market notched a record annual loss in 2022, fueled by inflation pressures that prompted the Federal Reserve to hike its overnight benchmark by more than four percentage points. Article content Yields peaked in October or November, then retreated as inflation gauges began to show moderation and Fed officials […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press David A. Lieb And Geoff Mulvihill Published Dec 31, 2022 • Last updated 42 minutes ago • 5 minute read Join the conversation Article content Taxes will fall and minimum wages rise for residents in numerous states as a variety of new laws take […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Fatima Hussein Published Dec 31, 2022 • 3 minute read Join the conversation Article content WASHINGTON (AP) — A provision in the recently signed defense spending bill mandates that the United States work to ease Ukraine’s debt burden at the International Monetary Fund, […]
Article content MOSCOW (AP) — President Vladimir Putin used his New Year’s address to the nation to accuse Western countries of aggression and trying to use the conflict in Ukraine to undermine Moscow. Article content Putin made the video address, shown on state television on Saturday in each of Russia’s 11 time zones, from a […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Sruthi Shankar Published Dec 30, 2022 • 2 minute read Join the conversation Article content The Mexican peso eked out gains against the dollar in holiday-thinned trading on Friday but was Financial Post Top Stories Sign up to receive the daily top stories from the […]
Article content NEW YORK — Oil was on track for a second straight annual gain in a turbulent year marked by tight supplies following the war in Ukraine, weakening demand from the world’s top crude importer China and growing fears over global economic growth. Crude surged in March with international benchmark Brent reaching $139.13 a […]