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Thursday, December 13, 2018
Travis Dove | Bloomberg | Getty Images A contractor carries boards through a house under construction at the Lennar Corp. Tree Tops community development in Lancaster, South Carolina, U.S., on Monday, Jan....
© Provided by Star Media Group Berhad At 9.00 am (0100 gmt), the ringgit stood at 4.1850/1900 versus the US dollar from 4.1900/1940 recorded at 6 pm on Friday. At 9.18 am (0100 gmt), benchmark Brent crude was recorded at US$67.19 per barrel. KUALA LUMPUR: The ringgit was slightly...
The Federal Reserve in 2019 will launch a broad look at how it conducts policy and conveys what is doing to the public. Central bank officials announced Thursday that they will look at "strategies, tools, and communication practices" the Fed uses to formulate monetary policy. Such a review has...
The sign outside the Wells Fargo & Co. bank in downtown Denver April 13, 2016. REUTERS/Rick Wilking/File Photo (Reuters) - Wells Fargo & Co. said on Thursday the bank given has given notice to team members in its Consumer Lending and Payments, Virtual Solutions...
Indeed, fixed income strategists who spoke to CNBC were almost unanimous in their belief that problems with corporate debt will be far more company-specific than systemic. "From a higher-level 30,000 feet, most U.S. corporates are in pretty good shape," said Yvette Klevan, portfolio manager for...
Recent returns for Americans holding foreign market investments have been underwhelming. But, it’s still a great idea to maintain a meaningful allocation to foreign markets. Compelling value Now is a perfect time to take advantage of the best relative valuations in 20 years. For a variety of reasons...
Treasury Secretary Steven Mnuchin told CNBC on Monday that President Donald Trump was pleased with Federal Reserve Chairman Jerome Powell's speech that eased fears of a more aggressive policy on interest rate hikes. The central bank has already raised rates three times this year, and another hike is expected...
New York Deputy Mayor Alicia Glen sent a message Tuesday on CNBC to critics hoping to curtail $1.5 billion in tax incentives used to lure Amazon's so-called HQ2 to the city: "This deal is not going to get stopped." When asked on "Squawk Box" about New York officials, such...
U.S. stocks took a major leg lower, reversing gains from earlier in the week.The S&P 500 (^GSPC) fell 2.35%, or 65.61 points, as of 1:11 p.m. ET, with about 87% of components in the red and banking stocks leading declines. The Dow (^DJI) slid 2.34%, or 604.61 points....
Wild swings in the stock market this week rattled investors, who pulled $3.5 billion from U.S. equity funds and fled to the safety of government debt. Funds that invest in U.S. stocks saw the outflows for the week ending Wednesday, the largest exodus since the week ending Oct. 17,...

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View from EBRD: Key themes at the 2017 EBRD meeting in Nicosia

Suma Chakrabarti, president of the European Bank for Reconstruction and Development (EBRD), is speaking to The Banker's Stefanie Linhardt about the key themes of...