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 […]
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 […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Monica Machicao Published Dec 29, 2022 • 2 minute read Join the conversation Article content LA PAZ — Bolivia is committed to protecting its subsidy-reliant, big-state economic model despite deficit risks and is planning an “aggressive” push into gas exploration, the economy minister told Reuters. […]
Article content The U.S. Treasury Department said Thursday that electric vehicles leased by consumers starting Jan. 1 can qualify for up to $7,500 in commercial clean vehicle tax credits, a decision that makes those assembled outside North America eligible. The announcement is a win for South Korea and some automakers that earlier this month sought […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Harry Robertson Published Dec 28, 2022 • 2 minute read Join the conversation Article content Euro zone government bond yields ticked lower on Wednesday after jumping on Tuesday as investors braced for further interest rate hikes from the European Central Bank, while UK yields rose […]
Article content Canada’s main stock index slipped on Wednesday, as a drop in oil prices knocked energy stocks lower and heavyweight cannabis stocks came under pressure from a report about U.S. regulation of popular cannabis compound CBD. At 10:15 a.m. ET (1515 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 90.97 points, or […]
Article content Gold prices on Wednesday edged lower from last session’s six-month peak on short-term profit taking as the market sought fresh drivers, and a drop in Treasury yields and the dollar capped losses. Spot gold fell 0.7% to $1,801.75 per ounce by 10:27 a.m. ET (1527 GMT), having hit its highest since the end […]
Breadcrumb Trail Links PMN Business Article content U.S. natural gas futures edged higher on Tuesday as winter storms across the country curtailed gas output over the weekend offseting pressure from forecasts for less cold weather and lower demand Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a […]
Article content Gold prices rose on Tuesday as optimism surrounding top consumer China’s decisions to further ease COVID-19 restrictions weighed on the dollar, while resilient U.S. yields cast a shadow over non-yielding bullion’s advance. Spot gold rose nearly 1% to $1,814.69 per ounce by 10:15 a.m. ET (1515 GMT). U.S. gold futures were up 1% […]