GO
Loading...

Enter multiple symbols separated by commas

Finance Banks

More

  • LONDON, July 30- Gold fell more than 1 percent on Thursday, trading close to a 5-1/ 2- year low hit last week, as the dollar jumped after the Federal Reserve left the door open for a rate rise in September and ahead of U.S. Spot gold dropped 1.3 percent to a session low of $1,081.85 an ounce in earlier trade, not far from its cheapest since February 2010 at $1,077 hit after a...

  • FRANKFURT, July 30- Deutsche Bank's new boss hit out at staff in a memo on Thursday saying performance was "nowhere good enough" after Germany's largest bank warned that its turnaround was at risk from heavy legal charges. "The status quo is not an option," he said in staff memo after the bank reported a second-quarter net profit of 818 million euros, slightly better...

  • HONG KONG/ SHANGHAI, July 30- China shares fell again on Thursday after a report that banks were trying to get to grips with their financial exposure to the stock market slump in June added to a pall of uncertainty for investors. The benchmark CSI300 index of the largest listed companies in Shanghai and Shenzhen closed down 2.9 percent, while the Shanghai...

  • FRANKFURT, July 30- Deutsche Bank warned that its new performance targets were at risk from heavy legal charges as it set aside 1.2 billion euros for fines and settlements and reported quarterly earnings largely in line with expectations. The results are Deutsche Bank's first under new boss John Cryan who has taken over after the early resignation of its...

  • LONDON— Taxpayer-owned Royal Bank of Scotland says second-quarter net income rose 27 percent to 293 million pounds as the British government prepares to sell its stake. Bailed out by the British government at the height of the financial crisis in 2008, RBS is struggling to put the excesses of the past behind it, including an ill-fated global expansion drive...

  • MANILA, July 30- Gold fell more than 1 percent to near its weakest level since early 2010 on Thursday, as the dollar jumped ahead of U.S. economic data that is likely to strengthen expectations for an interest rate hike by the Federal Reserve in September. Spot gold dropped 1 percent to $1,084.46 an ounce by 0659 GMT, after hitting a low of $1,081.85.

  • TOKYO, July 30- Japanese government bonds edged down on Thursday, tracking U.S. Treasuries which dropped after the U.S. Federal Reserve left the door open for an interest rate hike as early as September.

  • WASHINGTON— Expectations have grown that sometime this year, the Federal Reserve will raise interest rates from record lows. The only question seems to be when. Many analysts foresee the first hike in September, though Fed Chair Janet Yellen has stressed that any increase will be driven by the latest economic data.

  • *U.S. central bank keeps door open to September rate hike. TOKYO, July 30- The dollar firmed to a near one-week high on Thursday ahead of U.S. gross domestic product data that could reinforce expectations that the Federal Reserve is on track to raise interest rates as early as September. "We're seeing some pretty good follow-through, in terms of U.S. dollar-buying,...

  • MANILA, July 30- Gold dipped towards its weakest level since early 2010 on Thursday after the Federal Reserve said the U.S. economy continues to strengthen, supporting a potential interest rate rise when the Fed meets again in September. It sank to as low as $1,077 last week, its weakest since February 2010, after a selloff in New York and Shanghai and has since...

  • MANILA, July 30- Gold hovered not far from a 5-1/ 2- year low early on Thursday after the Federal Reserve said the U.S. economy and job market continue to strengthen, supporting a possibile interest rate rise when the Fed meets again in September. *Spot gold was flat at $1,096.75 an ounce by 0036 GMT. It sank to as low as $1,077 last week, its weakest since February 2010,...

  • TOKYO, July 30- The dollar held steady in cautious trade on Thursday, ahead of U.S. gross domestic product data that could reinforce or dent expectations that the Federal Reserve is on track to raise interest rates as early as September. The GDP report "may boost the appeal of the greenback and spark a further decline in EUR/USD as signs of a stronger recovery fuels...

  • NEW YORK— U.S. stocks rose on Wednesday after Federal Reserve policymakers voted to keep interest rates unchanged and gave no indication that a rate rise was imminent. "Yeah, the economy is improving, but they are not really saying that the economy is taking off here," said Tom di Galoma, head of rates trading at ED&F Man Capital. There are several reasons why the Fed...

  • July 29- The Federal Reserve, it seems, is still waiting for the economic equivalent of perfection and risks squandering a good opportunity to begin normalizing interest rates. While this may be part of a well-intentioned effort to prepare the ground for investors and avoid a market shock when the increase finally comes, every delay only further reinforces...

  • WASHINGTON, July 29- The U.S. economy and job market continue to strengthen, the Federal Reserve said on Wednesday, leaving the door open for a possible interest rate hike when central bank policymakers next meet in September. Following their latest two-day policy meeting, Fed officials said they felt the economy had overcome a first-quarter slowdown and was "...

  • NEW YORK, July 29- The dollar rose modestly against a basket of currencies on Wednesday as the Federal Reserve upgraded its view of the labor market, supporting some traders' opinion that it would raise benchmark U.S. interest rates, perhaps as early as September. Although inflation has remained below the Fed's 2 percent target and overseas developments...

  • *Fed leaves interest rates unchanged. NEW YORK, July 29- U.S. "It looks like from the statement they slightly upgraded their language on the labor market," said Shyam Rajan, head of U.S. interest rate strategy at Bank of America Merrill Lynch.

  • WASHINGTON, July 29- The U.S. economy and job market continue to strengthen, the Federal Reserve said on Wednesday, leaving the door open for a possible interest rate hike when central bank policymakers next meet in September. Following a two-day policy meeting, Fed officials said they felt the economy had overcome a first-quarter slowdown and was "expanding...

  • WASHINGTON— The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so. A statement from the Fed after its latest policy meeting provided no timetable. Many analysts foresee the first hike in September, though Fed Chair Janet Yellen has...

  • WASHINGTON, July 29- The U.S. economy and job market continue to strengthen, the Federal Reserve said on Wednesday, leaving the door open for a possible interest rate hike when central bank policymakers next meet in September. Following a two-day policy meeting, Fed officials said they felt the economy had overcome a first-quarter slowdown and was "expanding...

Contact Banks

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.