GO
Loading...

Interest Rates

More

  • SHANGHAI, Nov 22- China's latest interest rate cut is set to dent the profitability of domestic lenders, especially mid-sized banks, which are already suffering from higher bad loans and a slowdown in profit growth. The narrowing of interest rate margins will eat into lenders' profitability, with Cinda Securities' chief strategist, Jiahe Chen, predicting it will...

  • How the Dow Jones industrials did on Friday Friday, 21 Nov 2014 | 4:54 PM ET

    U.S. stocks closed higher Friday, edging further into record territory as investors welcomed a move by China to stimulate its economy by lowering interest rates. Hints from the head of Europe's central bank that it might step up its own stimulus efforts also helped lift stocks. The Dow Jones industrial average and the Standard& Poor's 500 index closed at record...

  • GameStop slumps after results; Ross, Autodesk advance. NEW YORK, Nov 21- U.S. stocks closed higher on Friday, with major indexes notching a fifth straight weekly advance after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. The move came after European Central Bank...

  • Dow, S&P 500 push further into record territory Friday, 21 Nov 2014 | 4:12 PM ET

    Stocks are pushing further into record territory as investors welcome a move by China to stimulate its economy by lowering interest rates. Hints from the head of Europe's central bank that it might step up its own stimulus efforts also put investors in a buying mood Friday. Caterpillar jumped 4 percent, the biggest gain in the Dow.

  • NEW YORK, Nov 21- U.S. stocks closed higher on Friday, with major indexes rising for a fifth straight week after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. The Dow Jones industrial average rose 88.81 points, or 0.5 percent, to 17,807.81, the S&P 500 gained 10.59...

  • The Week That Was: Banks behaving badly     Friday, 21 Nov 2014 | 4:01 PM ET

    CNBC's Tyler Mathisen looks back at the week's top business and financial stories, including an investigation into some investment banks' metal commodities businesses.

  • *China's first rate cut in 2 years helped spark rally. *Expectations grow for OPEC production cut at Nov. 27 meet. NEW YORK, Nov 21- Oil prices rose on Friday for their first weekly gain in two months with benchmark Brent crude returning to above $80 a barrel after a rally triggered by China's interest rate cut and speculation of an OPEC output cut.

  • *Shares soar on China rate cut, Draghi stimulus hopes. *Euro tumbles on Draghi; Brent above $80 a barrel. NEW YORK, Nov 21- World stock markets and oil prices rallied Friday, fueled by hopes for global growth following a surprise interest rate cut by China and as the European Central Bank indicated it would step up asset purchases to boost the euro zone economy.

  • China economy slowing faster than you think: CFO Friday, 21 Nov 2014 | 2:31 PM ET
    Peter Baum

    China's economy is slowing as global demand remains too low for its manufacturing capacity and labor costs rise, Peter Baum said.

  • Consumer coming out strong: Pro     Friday, 21 Nov 2014 | 2:10 PM ET

    How to play record highs in the market, including the airline sector, with Mark Kiesel, Pimco CIO.

  • Central banks take center stage     Friday, 21 Nov 2014 | 2:05 PM ET

    Central banks are center stage, and CNBC's Steve Liesman and Michelle Caruso-Cabrera, provide insight to the impact to the U.S. economy.

  • *GameStop slumps after results; Ross, Autodesk advance. NEW YORK, Nov 21- U.S. stocks rose on Friday, putting major indexes on track for a fifth straight weekly advance, after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. About two-thirds of NYSE stocks traded higher,...

  • *OPEC watch continues as bets vary on a production cut. NEW YORK, Nov 21- Brent crude oil rose for a second straight day on Friday while U.S. crude turned lower as traders took profit on a rally triggered by China's interest rate cut and speculation that OPEC will cut output. The front-month contract for benchmark Brent crude was up 33 cents at $79.66 a barrel by...

  • US stocks jump after surprise rate cut from China Friday, 21 Nov 2014 | 12:00 PM ET

    U.S. stocks are rising after a surprise interest rate cut in China and hints that the European Central Bank will step up its economic stimulus efforts. Caterpillar and DuPont led the gains in the Dow. Sotheby's jumped 8 percent after the auction house's chief executive, William Ruprecht, said he would step down.

  • *China cuts rates for first time in over 2 years. NEW YORK/ LONDON, Nov 21- Gold climbed above $1,200 an ounce on Friday to its highest in three weeks, helped by short-covering and after a surprise interest rate cut by China fueled hopes that demand would rise in the world's biggest consumer of the metal. "China adding stimulus, the Draghi comments and ECB buying some...

  • *Venezuela urges OPEC to cut, says will reduce own output. NEW YORK, Nov 21- Oil jumped for a second straight day on Friday, with benchmark Brent crude returning above the $80 level after slipping below it last week, as top petroleum buyer China cut interest rates and speculation mounted that OPEC will cut output. "This market has been sold out so much that any kind of...

  • OTTAWA, Nov 21- Canada's annual inflation rate jumped last month as prices for shelter and food rose, putting pressure on the Bank of Canada's stance that interest rates will remain low for some time. The Bank of Canada has shrugged off recent firmer inflation, saying the strength is likely temporary. "With this unexpected pressure on the inflation side, it raises...

  • US STOCKS-Wall St rallies on China, ECB stimuli Friday, 21 Nov 2014 | 10:45 AM ET

    NEW YORK, Nov 21- U.S. stocks rallied on Friday, setting up a fifth consecutive week of gains on Wall Street, after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. The move higher was broad with nine of the top S&P 500 sectors higher and more than six NYSE stocks rising for...

  • *Shares soar on China rate cut, Draghi stimulus hopes. NEW YORK, Nov 21- World stock markets and oil prices rallied Friday, fueled by hopes for global growth following a surprise rate cut by China and as the European Central Bank indicated it would step up its asset purchases to boost the euro zone economy. "To the extent that you dueling positive monetary policy...

  • All eyes on central banks     Friday, 21 Nov 2014 | 10:34 AM ET

    CNBC's Steve Liesman reports the general view of economists remains a rate hike will happen mid-to-late 2015.