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  • NEW DELHI, Sept 7- India has not reached the point where it can consider selling majority stakes in the public sector banks that control seven tenths of assets in the financial system, Finance Minister Arun Jaitley said on Wednesday. "I don't think that public or political opinion has converged to the point where we can think of privatisation in the banking sector,"...

  • RENO, Nev., Sept 6- The Federal Reserve will likely raise U.S. interest rates more slowly than at any time in American history, San Francisco Fed President John Williams told reporters after a speech to The Hayek Group here. Williams said he sees slower rate hikes now than he did just a year ago, and that raising rates to what he sees as the new normal of 3 percent will...

  • Expectations for more QE from the ECB and BOJ may be running high, but chances are fresh measures are a waste of time, analysts warned.

  • WILLIAMS: NEED CONGRESS TO TAKE ACTION TO CLARIFY BANKING RULES FOR MARIJUANA RELATED BUSINESSES.

  • WILLIAMS SAYS TREND TOWARD LEGALIZING MARIJUANA CREATES UNSUSTAINABLE TENSION AROUND BANKING RULES.

  • *Spot gold was nearly flat at $1,349.20 per ounce by 0115 GMT. *The Bank of England will wait until its November meeting before slicing 15 basis points from Bank Rate in an effort to cushion the expected blow from the Brexit vote, a Reuters poll found. *The Sankei newspaper reported Bank of Japan policymakers were divided ahead of the central bank's Sept. 20-21...

  • WEDNESDAY, SEPTEMBER 7 RENO, United States- Federal Reserve Bank of San Francisco President John Williams speaks on the economic outlook before the Hayek Group- 0115 GMT. LONDON- Bank of England Governor Mark Carney appears before UK parliament's Treasury Committee- 1315 GMT. SYDNEY- Reserve Bank of Australia Deputy Governor Philip Lowe speaks at an...

  • WEDNESDAY, SEPTEMBER 7 RENO, United States- Federal Reserve Bank of San Francisco President John Williams speaks on the economic outlook before the Hayek Group- 0115 GMT. LONDON- Bank of England Governor Mark Carney appears before UK parliament's Treasury Committee- 1315 GMT. SYDNEY- Reserve Bank of Australia Deputy Governor Philip Lowe speaks at an...

  • LONDON, Sept 7- Top British bankers will tell finance minister Philip Hammond on Wednesday to give them a clearer idea of what the country's divorce from the European Union will mean for them when they hold their first meeting since the Brexit vote. Britain's shock vote to leave the bloc has forced companies to rethink their business strategy, which until now has...

  • Sept 6- U.S. stocks rose slightly on Tuesday, nudging the Nasdaq to a record high close, as economic data bolstered views the Federal Reserve may decide against raising interest rates in the near term. The Fed is "not getting support from data for a rate increase, and so we're seeing the market creep a little higher today," said Bucky Hellwig, senior vice president at...

  • NEW YORK, Sept 6- U.S. stocks ended up slightly on Tuesday as economic data bolstered views the Federal Reserve may decide against raising interest rates in the near term.

  • Sept 6- U.S. stocks edged higher on Tuesday as economic data bolstered views the Federal Reserve may decide against raising interest rates in the near term. The Fed is "not getting support from data for a rate increase, and so we're seeing the market creep a little higher today," said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham,...

  • Sept 6- Bank of Japan Governor Haruhiko Kuroda on negative interest rates sounds like a man cut with his own double-edged sword. The trouble with negative rates, which are being employed by a host of central banks including the BOJ, the European Central Bank and the Swiss National Bank, is that they pose a threat to all enterprises, such as banks, insurance companies...

  • *Gold rises 2 pct in best day since June 24. NEW YORK/ LONDON, Sept 6- Gold prices rose nearly 2 percent on Tuesday, the biggest percentage gain since June, as disappointing U.S. economic data reinforced speculation in the market that the Federal Reserve will not raise interest rates at its September policy meeting. Spot gold rose for a fourth straight day to a session...

  • Mike Mayo

    "CEOs should be kept around a long time if they perform well, and not if they don't," says CLSA's Mike Mayo.

  • Janet Yellen

    Those who think the Fed should be raising rates aren't getting a lot of help from the data on which the central bank professes to be so dependent.

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