Israel Discount Bank Q4 Profit Slips, Raises Dividend Payout

JERUSALEM, March 11 Reuters Israel Discount Bank on Monday reported a 2 dip in fourthquarter profit but boosted its dividend payout after slashing it in the previous quarter due to the fallout from Israel39;s war with Palestinian Hamas militants. Discount39;s quarterly net profit slipped to 919 million shekels 256 million from 939 million a year earlier, […]
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Gold Steady after Record Run as US Inflation Data Looms

U.S. CPI data due on Tuesday Bullion hit record high just shy of 2,195 on Friday UBS retains modestly positive outlook on platinum March 11 Reuters Gold prices held steady on Monday after hitting a series of record highs last week, while investors waited for U.S. inflation data for insights into the Federal Reserve39;s rate […]
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Major Gulf Markets Mixed in Early Trade

March 11 Reuters Major stock markets in the Gulf were mixed in early trade on Monday ahead of a reading on U.S. inflation that could hasten, or delay, the start of global rate cuts. Traders are looking to U.S. consumer price inflation data, due on Tuesday, with bets on a rate cut in June from […]
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India Markets Regulator Flags Froth in Small, MidCap Stocks

BENGALURU, March 11 Reuters There may be pockets of irrational exuberance in the Indian equity markets, the markets regulator said on Monday, referring to concerns over stretched valuations of small and midcap stocks and large inflows into mutual funds investing in these segments. The Securities and Exchange Board of India SEBI has suggested mutual fund trustees look […]
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