Norges Bank May Split Main Rate to Pay Banks Less
Norway’s central bank may be close to splitting its benchmark rate so it can pay banks less on large deposits and channel excess liquidity back into the interbank market, Nordea Bank AB and DnB NOR ASA said.
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Wall St lead no corrective to profit-takers
The Australian sharemarket closed mildly weaker after losing momentum through the trading day on profit-taking, despite a strong performance on Wall Street.
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European observers brace for Irish bond issue
FRANKFURT – An Irish foray into the bond market Tuesday is being closely watched, and commented on, across Europe amid fears that a new chapter in the debt crisis has begun.
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MUFG seeks stake in Asia bank for growth
MUFG seeks stake in Asia bank for growthMUFG seeks stake in Asia bank for growth
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Turkish shares hit record high; bonds, lira gain
* Shares hit fresh record high
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Bulls tighten grip; BSE, Nifty hit 32-month peaks
Mumbai, Sep 18 (PTI) Riding high on hectic buying by foreign funds across the sectors, the benchmark indices, Sensex and Nifty, posted this year’s best weekly gains as of September 17.
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Canadian Dollar Climbs to a Six-Week High on Risk, Central Bank Optimism
Canada’s currency reached a six- week high as investor risk aversion eased and traders bet the Bank of Canada will continue to raise interest rates while the Federal Reserve keeps borrowing costs near zero.
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