Japanese Stocks Dropped on Interest Rate Hike Worries
Japanese stocks dropped on Monday due to expectations of further central bank interest rate hikes following the ruling party elections. Iron ore prices rose after...
Tag : rate hike
Understanding Dearness Allowance: What is DA in Salary, How to Calculate DA, Current Rates, and More!
Introduction To DA (Dearness Allowance) Dearness allowance, commonly known as DA, is an additional amount the central government provides to civil service employees and non-permanent...
Bank of England Hikes Rate to 5%, Highest Since 2008
On Thursday, the Bank of England (BoE) raised its interest rates by 50 basis points (bps) or half a percentage point, a bigger-than-expected rise. The...
Fed Pauses Interest Rate Hikes, Officials Forecast Two More Hikes by the End of the Year
The US Federal Reserve concluded its June meeting of the Federal Open Market Committee on Wednesday, and its officials have announced a pause in interest-rate...
Asian Stocks Moved Little Markets Await Several Interest Rate Decisions
Asian stocks moved little during the early trading hours on Monday as investors cautiously await several interest rate decisions this week. Policymakers in the US,...
Australia Set to Extend Rate-Hike Pause Amid Inflation Cool-off
The Reserve Bank of Australia (RBA) is set to extend a pause in interest-rate increases on Tuesday, citing a slowing in inflation, giving the board...
Asian Stocks Rise on Optimism Over Halt in Rate Hikes, Despite Fed Hike Expectations
On Tuesday, Asian stocks gained as investors displayed optimism that central banks in the region will continue to pause or end interest rate hike cycles,...
Thailand Central Bank Increases Rate Again, Keeps 2022 Growth Outlook
On Wednesday, Thailand’s central bank hiked its key interest rate for a second meeting to curb 14-year high inflation and ensure continued economic recovery. However,...
Tata Motors going to increase passenger vehicle rates by up to Rs 20k
Tata Motors said that from January, it will be increasing the price of its entire passenger vehicle mode range by up to Rs 20,000. Tata...