Page 29 - Patricko Hare News Today

LONDON — Markets seesawed and the British pound took a beating on Monday as recession fears brought volatility to the markets.Having extended losses in morning trading, Frankfurt and Paris edged higher by mid afternoon, only to close the session in the red.London shares closed flat, paring earlier losses after the pound hit a record low against the dollar on surging fears

Stocks retreated Tuesday as Sweden's jumbo interest rate hike, aimed at tackling inflation, stoked expectations of more increases this week from the US Federal Reserve and the Bank of England.

New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs

Stock markets rallied yesterday, building on pre-weekend momentum as investors priced in the expectation of further interest rate hikes aimed at taming decades-

LONDON  — Stock markets rallied on Monday, building on pre-weekend momentum as investors priced in the expectation of further interest rate hikes aimed at taming decades-high inflation.The euro surged against main rivals, a day after German central bank chief Joachim Nagel signalled that the European Central Bank (ECB) would probably continue raising its key rate.The European

Stocks were also hit by the negative outlook for the global economy but perked up as energy prices and bond yields fell, while currency markets were gripped by the p...

The dollar closed in on the 140-yen mark not seen since 1998, but an easing in European gas prices helped the euro limit its losses.

Stocks wobble before Fed chair speech

Stock markets wobbled Friday ahead of a speech by Federal Reserve boss Jerome Powell that is expected to reiterate his plan to ramp up US interest rates to fight soaring inflation.

A famous Irish Famine letter that had a huge impact on the Great Hunger has returned to Skibbereen, one of the worst-hit areas in Ireland during the crisis.  The letter was once owned by the family of Hollywood actress Rita Hayworth and was written in December 1846 by Cork magistrate Nicholas Cummings.