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Tag: Cuts

Money

Fund managers fish for dividend plays amid sharp cuts

May 1, 2020 - by admin - Leave a Comment

NEW YORK (Reuters) – Some dividend fund managers are wading back into the shares of battered railroad stocks, energy companies and other economically sensitive, cyclical names, even as a host …

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Money

Buffett’s Geico offers $2.5 billion credits as coronavirus cuts driving

April 7, 2020 - by admin - Leave a Comment

(Reuters) – Geico Corp, part of billionaire Warren Buffett’s Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of credits to its 19 million auto and motorcycle …

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Money

LendingClub cuts approval rates for high-risk borrowers as coronavirus spreads

March 30, 2020 - by admin - Leave a Comment

FILE PHOTO: A LendingClub banner hangs on the facade of the the New York Stock Exchange in New York, New York, United States December 11, 2014. REUTERS/Brendan McDermid/File Photo (Reuters) …

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Forex News

Yuan Inches Up as PBOC Cuts Key Liquidity Rate By Investing.com

November 18, 2019 - by admin - Leave a Comment

© Reuters. Investing.com – The Chinese yuan inched up on Monday in Asia after the country’s central bank cuts a key liquidity rate for the first time since 2015. The …

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Forex News

Dollar Flat After Powell Plays Down Further Cuts; HK Eyed By Investing.com

November 15, 2019 - by admin - Leave a Comment

© Reuters. Investing.com — The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the …

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Forex News

Rupee Declines Most in Asia as Moody’s Cuts India Rating Outlook By Bloomberg

November 8, 2019 - by admin - Leave a Comment

(Bloomberg) — India’s rupee declined the most in Asia, while sovereign bonds and stocks saw modest losses after Moody’s Investors Services lowered the nation’s rating outlook to negative citing growth …

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Economic Indicators News

Hong Kong Cuts Base Rate After Fed as City Faces Recession By Bloomberg

October 31, 2019 - by admin - Leave a Comment

(Bloomberg) — The Hong Kong Monetary Authority cut its benchmark interest rate, in line with the city’s currency peg to the dollar following the U.S. Federal Reserve’s reduction in borrowing …

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Economic Indicators News

HSBC cuts Hong Kong best lending rate, first since financial crisis By Reuters

October 31, 2019 - by admin - Leave a Comment

HSBC cuts Hong Kong best lending rate, first since financial crisis HONG KONG (Reuters) – HSBC (HK:) (L:) on Thursday cut its best lending rate in Hong Kong for the …

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Forex News

Dollar slips after Fed cuts but indicates a pause; BOJ decision eyed By Reuters

October 31, 2019 - by admin - Leave a Comment

By Tomo Uetake TOKYO (Reuters) – The dollar dipped against a basket of major currencies on Thursday, reversing earlier gains, after the Federal Reserve cut interest rates for the third …

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Economic Indicators News

Fed Cuts Rates by Quarter Point Amid Concerns About Global Economy, Trade By Investing.com

October 30, 2019 - by admin - Leave a Comment

© Reuters. Investing.com – The Federal Reserve cut interest rates by 25 basis points Wednesday, in what was a widely expected decision, amid persistent concerns over the sluggish pace of …

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