Hints and tips:
...For the next century, Credit Suisse was at the centre of Switzerland’s economic growth, from helping develop its currency to financing its electrical grid....
...Countries that use the three currencies, which include Cameroon, the Ivory Coast and Senegal, typically account for up to 30 per cent of CAB’s revenues in the final quarter of the year....
...Core CPI fell more modestly, from 5.3 per cent to 4.8 per cent in the June data....
...bank account to Sam Bankman-Fried’s very large bank account....
...The country’s central bank on Thursday said it was lowering the benchmark one-week repo rate from 12 per cent to 10.5 per cent — a deeper than expected cut — even as Turkey’s official inflation rate exceeded...
...She had come to trust and rely on Gilbert more than anyone in her organisation, so she emptied $1.1mn from an account she controlled and had him put it in a new holding account....
...In return the holders can earn around 5 per cent a year....
...Assuming the group continues to run with a 5 year land bank model, this incremental investment would mean it is able to drive c.17,000 units in the longer term, a c.10% increase on previous peak....
...DWS looks at central banks, rates, yields and currencies via its chart of the week and highlights how a narrowing gap between US and eurozone interest rates has yet to help the euro....
...These words took the ECB into uncharted territory, pledging the full powers of the central bank behind the single currency....
...Foreign investors are also concerned about the state aid framework system, which needs to be modernised in line with EU standards, as well as constraints from certain currency controls....
...At present, though, the bourse is heavily skewed towards the financial sector, which accounts for 72.9 per cent of the MSCI Kuwait index....
...The race for control of the US House of Representatives shows Democrats enjoying a 67 per cent probability of success, still ahead but down from 72 per cent at the end of September....
...The average selling time seems to have peaked, according to data from Rightmove. In May a home spent an average of 72 days on the market before selling; down from 89 days in January....
...France’s BNP Paribas was down almost 3 per cent; it holds a 72.5 per cent stake in Turkish retail bank TEB....
...Among other emerging market currencies, the Mexican peso was down 1.5 per cent versus the dollar, with the real down 1.7 per cent and the rand off 2.9 per cent....
...Several big US banks will report on Friday following forecast-beating earnings on Thursday from BlackRock....
...If only its most liquid hard-currency assets are measured against similar liabilities, Pakistan’s central bank has even less to work with....
...Central banks, however, have a solution to this. In such an event, they can raise interest rates — in effect reducing the supply of conventional currencies....
...; a significant source of the weak dollar flow is from central bank reserve managers keen to diversify out of US dollars.”...
...(+0.36%) at 6,629 European markets Eurofirst 300 up +3.72 (+0.24%) at 1,534 FTSE100 up +0.19 (0.00%) at 7,523 CAC 40 up +4.09 (+0.08%) at 5,372 Dax unchanged 0.00 (0.00%) at 12,991 Currencies €/$ 1.18...
...The Ohio State researchers believe opioid abuse could also account for one-third to half of the drop in the state’s labour force from six million in 2007 to 5.7 million in 2016....
...Dax unchanged 0.00 (0.00%) at 13,184 Currencies €/$ 1.17 (1.17) $/¥ 113.43 (113.53) £/$ 1.33 (1.33) €/£ 0.8812 (0.8814) Commodities ($) Brent Crude (ICE) up +0.72 at 64.06 Light Crude (Nymex) up +0.45...
...72.43 (-0.58%) at 12,381 Currencies €/$ 1.14 (1.14) $/¥ 113.73 (113.20) £/$ 1.30 (1.30) €/£ 0.8805 (0.8804) Commodities ($) Brent Crude (ICE) down -0.58 at 47.53 Light Crude (Nymex) down -0.58 at 44.94...
...Shareholders in Shawbrook have received a third takeover offer from the private equity consortium seeking to buy the challenger bank....
International Edition