Thursday 26 May 2016
 
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Interest rates

Oil jumps to fresh 2016 highs as dollar drops

Oil prices jumped about 3 per cent on Thursday, hitting new highs for 2016 as the dollar weakened after the Federal Reserve announced it would leave US interest rates unchanged. Oil had risen early, the day after an industry group

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Oil jumps to fresh 2016 highs as dollar drops

Oil prices jumped about 3 per cent on Thursday, hitting new highs for 2016 as the dollar weakened after the Federal Reserve announced it would leave US interest rates unchanged. Oil had risen early, the day after an industry group

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JPMorgan to raise deposit rates for some big clients

JPMorgan Chase & Co will begin raising deposit rates for some of its biggest clients in January, the Wall Street Journal reported, citing a person familiar with the matter. The bank's deposit-rate increase will affect most

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Fed ups interest rates for first time in a decade in 'dovish hike'

The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis. The US central bank's policy-s

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Iran proposes stimulus to fend off recession

Iran's government announced proposals on Saturday to cut interest rates and encourage banks to lend, state television reported, in an effort to boost a stagnant economy after two years of tight monetary policy as inflation slows.

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Qatar money rates ease over cbank reassurance

Short-term Qatari money rates fell back on Sunday after the central bank governor signalled monetary conditions would not tighten and said Qatar would not follow the United States in hiking interest rates. On Thursday Qatar's

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IMF, central banks to put China in spotlight

Flanked by interest rate decisions in Britain, Japan and Australia, the IMF's annual meeting in Lima takes centre stage in the calendar next week, with policymakers focussing on China's economic slide and its impact on the rest of the wo

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China cuts rates to aid economy as stocks sink

China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves arou

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Gold holds above 5-1/2-year low, eye on Fed rates

Gold hovered just above its lowest level since 2010 on Monday, struggling to move higher as the market reckons the US Federal Reserve is moving closer to raising interest rates. The Fed will hold a two-day meeting that ends on Wed

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S Korea cuts rates as Mers clouds outlook

A deadly outbreak of Middle East Respiratory Syndrome (Mers) forced South Korea's central bank to cut interest rates on Thursday as authorities reported 14 new cases. Worry in South Korea about the outbreak has been reflected

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