World’s Negative Interest Rate Experiment Nears Its End in Japan
(Bloomberg) — The Bank of Japan is widely expected to scrap the world’s last negative interest rate in the coming weeks, marking the closing act of global central banks’ grand experiment with unorthodox policies.
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Governor Kazuo Ueda is forecast to raise the short-term rate from -0.1% either next week or in April in what would be the first rate hike in Japan since 2007,
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Read MoreStock Market Live Updates: Sensex, Nifty set for a weaker opening
GIFT Nifty indicates a weaker opening for Indian benchmark indices on Monday, March 11. At 9 am, GIFT Nifty is trading 81.00 points, or 0.36 per cent at 22,623.00.
Asian indices slipped with Nikkei falling for the first time below the 40,000 mark since February 2021.
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Read MoreDon’t chase stock market trends for short-term gains: Nilesh Shah
Mumbai: Large-caps today present better risk-adjusted return opportunities compared to mid- and small-caps over the next 12-18 months. According to Nilesh Shah, managing director, Kotak Mahindra AMC, banks with strong deposit franchises are poised to outperform, along with automobiles, realty and cement. He also highlighted investor concerns over the regulatory actions in the NBFC space,
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Read MoreLetter: Vanguard’s climate record undermines Brown’s new ESG retirement fund
To the Editor:
As a staff member at Brown, I was pleased to see that the University has started to offer a new ESG fund for its employees’ retirement. I am grateful for the work of the Benefits Office and the University’s Retirement Planning Committee for this welcome step.
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Read MoreMaranhão launches Lotema to boost economy and investments in public policies
Managed and supervised by Maranhão Parcerias (Mapa), Lotema appears as a source of resources to support public policies that benefit the people of Maranhão, while stimulating the creation of direct and indirect jobs.
Estimated to generate more than 50 thousand jobs in its first year of operation, the Maranhão Lottery promises to boost the local economy and contribute to reducing unemployment.
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