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Citizens Financial's profit beats on capital markets strength
Market Updates

Citizens Financial's profit beats on capital markets strength

Citizens Financial's profit beat expectations in the fourth quarter on Friday, as investment bankers cashed in on a rebound in capital markets activity.

  • January 17, 2025 04:57 AM PST
  • EODHD
Trump era sparks hopes for looser capital rules among Wall Street banks
Stock Market

Trump era sparks hopes for looser capital rules among Wall Street banks

Emboldened by the prospect of a friendlier Trump administration, Wall Street banks are ramping up efforts to overhaul US capital rules. In a Reuters report, industry executives reveal an ambitious lobbying agenda, targeting reforms to the “Basel Endgame” capital rule, reductions in global bank surcharges, adjustments to leverage constraints, and revisions to the Federal Reserve’s […]

  • January 17, 2025 04:54 AM PST
  • Invezz
Markets are betting China will let yuan fall as Trump takes power, but not much
Market Updates

Markets are betting China will let yuan fall as Trump takes power, but not much

Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald Trump presidency, based on a view that sharp depreciation like that seen i...

  • January 17, 2025 04:52 AM PST
  • EODHD
SHIB price outlook: can Shiba Inu race to new highs after Trump’s inauguration?
World News

SHIB price outlook: can Shiba Inu race to new highs after Trump’s inauguration?

Shiba Inu (SHIB) has swiftly rebounded from its recent price correction. Today, SHIB has surged over 9%, compensating for the downtrend and showing resilience. The market cap for the coin has reached $14.23 billion. Trading volumes have surged over 80% to $972.6 million. Analysts see SHIB price zooming TradingView analyst SimpleTrader2018 observed a price compression […]

  • January 17, 2025 04:49 AM PST
  • Invezz
India's economy set for rebound but food inflation needs monitoring, cenbank says
Market Updates

India's economy set for rebound but food inflation needs monitoring, cenbank says

India's economic growth is poised to rebound as domestic demand regains strength, but "stickiness" in food inflation warrants careful monitoring, the central bank said in its monthly bulletin released...

  • January 17, 2025 04:46 AM PST
  • EODHD
India's ICICI Lombard beats Q3 profit estimates on health, motor insurance boost
Market Updates

India's ICICI Lombard beats Q3 profit estimates on health, motor insurance boost

India's ICICI Lombard General Insurance beat third-quarter profit estimates on Friday, helped by higher premiums earned in its health and motor insurance segments.

  • January 17, 2025 04:40 AM PST
  • EODHD
Truist beats quarterly profit estimates on investment banking gains
Market Updates

Truist beats quarterly profit estimates on investment banking gains

Truist Financial on Friday exceeded Wall Street estimates for fourth-quarter profit, helped by stronger investment banking and trading activity as capital markets strengthened.

  • January 17, 2025 04:32 AM PST
  • EODHD
Citadel Securities applies for securities licence in China
Market Updates

Citadel Securities applies for securities licence in China

Citadel Securities, one of the world's largest market makers, on Friday filed an application for a securities licence in China, about a year after its global CEO expressed interest in entering the mar...

  • January 17, 2025 04:31 AM PST
  • EODHD
Arizona Setbacks: TSMC Struggles With U.S. Regulations While Prioritizing Taiwan's Chip Leadership
Market Updates

Arizona Setbacks: TSMC Struggles With U.S. Regulations While Prioritizing Taiwan's Chip Leadership

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) CEO C.C. Wei blamed slow U.S. permitting, strict construction rules, and labor shortages for delays at its Arizona plant, saying Taiwan will get the c...

  • January 17, 2025 04:13 AM PST
  • EODHD
Italy's gas consumption at lowest in more than 15 years in 2024, GME says
Market Updates

Italy's gas consumption at lowest in more than 15 years in 2024, GME says

Italy's natural gas consumption fell to its lowest level in more than 15 years to 61.7 billion cubic metres (bcm) in 2024, the country's power market manager GME said on Friday.

  • January 17, 2025 04:03 AM PST
  • EODHD