End of EasyCash Era is Going to Hurt

LONDON, Feb 1 Reuters The end of the easycash era is over and its impact yet to be felt on world markets, hopeful that the pain of aggressive rate hikes and high inflation has passed. U.S. and UK central banks are unwinding stimulus further by offloading bonds they hold, and the European Central Bank will […]
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Indian Shares Fall as Union Budget Drags Insurance Cos

BENGALURU, Feb 1 Reuters Indian shares reversed earlier gains to close lower on Wednesday, led by a fall in insurance companies after the country39;s Union budget proposed to limit tax exemptions for insurance proceeds, while Adani Group shares tumbled. The Nifty 50 index fell 0.26 to close at 17,616.30, while the SP BSE Sensex rose 0.3 to […]
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World Stocks Waver as Investors Catch Central Bank Jitters

LONDON, Jan 31 Reuters World stocks stumbled and bond yields edged lower on Tuesday as hotter than anticipated European inflation numbers jangled investor nerves ahead of a slew of earnings reports, central bank meetings, and key U.S. economic data. Investors broadly expect the U.S. Federal Reserve to raise interest rates by 25 basis points bps on Wednesday. […]
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