Hints and tips:
Related Special Reports
...Inflation has been above the Bank of Japan’s 2 per cent target since April 2022....
...Bank of America’s profits fell 18 per cent in the first quarter, dragged down by a jump in potential loan losses and additional expenses tied to last year’s regional banking crisis....
...Profits at Lloyds Banking Group fell below expectations in the first quarter, as a windfall from higher interest rates for the high-street bank has continued to wane....
...Over the first three months of this year, French goods exports were up 0.7 per cent from the previous quarter, while imports declined 0.9 per cent....
...A resurgence of whooping cough in England has led to the death of five babies amid warnings of a fall in vaccination rates among expectant mothers....
...Driven by a fall in food prices, it was also lower than the rate of price growth in the US for the first time since March 2022....
...Consumer prices rose at an annual rate of 3.2 per cent, down from 3.4 per cent in February, the Office for National Statistics said....
...Barclays’ profits fell 13 per cent in the first quarter, as the bank announced its first results since chief executive CS Venkatakrishnan set out an ambitious three-year plan to revive its share price....
...Corporate insolvencies in England and Wales fell sharply in March, registering the first annual decline since July last year....
...When last year, Standard Chartered Bank paid a $2.35mn fine to settle an eight-year-old case of rand manipulation, Khumbudzo Ntshavheni, minister in the presidency, launched a withering attack on the entire...
...Average UK house prices fell 1 per cent in March from February, marking their first fall after five consecutive monthly rises and surprising economists who had expected a slight increase....
...Profits at Lloyds Banking Group fell 28 per cent in the first quarter, as a windfall from higher interest rates for the UK high street bank continued to wane....
...The UK’s inflation rate fell sharply in February, bolstering arguments for the Bank of England to start cutting interest rates this year as it makes headway in bringing price growth under control....
...UK high-street bank NatWest has reported a 27 per cent drop in first-quarter profits, as the benefits of rising interest rates fell away across the sector....
...For the first time, he called for expanding the mandate of the European Central Bank to include growth and climate objectives, but failed to address the necessary trade-offs and compromises to make this...
...Shares in Gucci owner Kering dropped 6.9 per cent after the luxury group warned it expected sharply lower profits in the first half of 2024, largely because of tough market conditions in China....
...NatWest reported a 27 per cent drop in first-quarter profits, as UK banks put the windfall gains from rapidly rising interest rates behind them....
...Australian inflation cooled in the first quarter but was slightly higher than expected, prompting a sell off in the country’s bond and currency markets on Wednesday....
...Office for National Statistics data on Wednesday showed that an index based on car insurance prices had fallen by 1 per cent in January, the first month-on-month drop since February 2022....
...But the Fed was not the only central bank that markets deemed surprisingly dovish. Two days before the Fed, the Bank of Japan wrapped its first interest rate increase in 17 years in dovish packaging....
...That distinction was not lost on the Swiss National Bank which in its usual sure-footed way cut interest rates in March precisely because Swiss inflation was falling more rapidly than it had expected...
...BNP Paribas is betting momentum in its investment bank will help drive earnings growth this year even as its bond traders underperformed Wall Street peers in the first quarter....
...Having ridden out a deposit flight that led to the collapse of Silicon Valley Bank and First Republic last year, the challenge for many will be finding a way to increase profits again in 2024....
...The bank estimates the British economy returned to growth in the first quarter, at 0.4 per cent and forecast 0.2 per cent growth for the second quarter....
...Friday’s Office for National Statistics figure for quarter-on-quarter growth compared with the 0.4 per cent forecast by both the Bank of England and economists polled by Reuters....
International Edition