Hovnanian Enterprises Net Profit Rises 48.9%

Fed Minutes Reveal Officials Expect Another Rate Hike This Year

Most Federal Reserve officials expect to once again raise interest rates before the end of the year, according to the minutes of the central bank's September monetary policy meeting released on Wednesday. The Fed said, "Most participants assessed that another increase in the target range for the federal funds rate would likely be appropriate by year end."

RTTNews | 1 jam 29 menit yang lalu

Canadian Stocks Slide; TSX Down Sharply

The Canadian market, which slipped deeper into the red after a weak start, continues to languish in negative territory Wednesday afternoon, as stocks from materials, financials and industrials sectors reel under severe selling pressure. Elevated oil prices and bond yields have raised concerns about inflation, interest rates and global growth outlook.

RTTNews | 1 jam 29 menit yang lalu

Swiss Market Ends Marginally Up

Swiss stocks swung between gains and losses on Wednesday as elevated oil prices and bond yields amid rising concerns about Middle East tensions and France's fiscal woes rendered the mood cautious.

RTTNews | 1 jam 56 menit yang lalu

European Stocks Fall Amid Oil, Yields Rise On Mideast Tension

European stocks closed lower Wednesday as oil prices climbed on Persian Gulf vessel attacks and bond yields jumped amid France's fiscal crisis. The Stoxx 600 fell 1%, with the DAX down 1.35% and CAC 40 declining 1.22%. Pennon Group shares crashed 17% following a £550 million rights offering and dividend reduction.

RTTNews | 2 jam 12 menit yang lalu

RBI Shifts To 'Calibrated Tightening' As Rate-Hiking Cycle Begins

India's central bank hiked interest rates for the first time in nearly four years and shifted the policy stance to "calibrated tightening", suggesting that policymakers have embarked on a rate-hiking cycle as the economy navigates a myriad of worries including surging oil prices, poor monsoon, weaker rupee and the geopolitical tensions worldwide.

RTTNews | 3 jam 38 menit yang lalu