India’s bank liquidity surplus rises after a sharp drop last week

MUMBAI (Reuters) – India’s banking system liquidity surplus rose to more than 2 trillion rupees on Wednesday, after dropping to a near three-year low below 500 billion rupees ($6.34 billion) last week. The surplus rose more than four times to 2.02 trillion rupees, compared with last week, as inflows … Read more

Directors could face sharp growth in class actions – Local – Insurance News

Directors could face sharp growth in class actions 1 August 2022 Class action exposures for corporate directors could be on the cusp of exponential growth given the current dynamic environment, Marsh Head of FINPRO, Claims Solutions Melody Carr says. Ms Carr says the new Federal Government potentially has a different attitude to class action funding … Read more

Intel Posts Sharp Drop in Sales, Issues Muted Outlook

Updated July 28, 2022 6:36 pm ET Listen to article (2 minutes) Chip maker Intel reported a surprise quarterly loss and cut its full-year outlook, reflecting a slump in personal-computer purchases and product delays. Intel on Thursday said sales in the second quarter fell 22% to $15.3 billion, missing Wall Street’s expectations. It was its … Read more

Dollar poised for third week of sharp gains as recession fears grip markets

The dollar was on track to notch up its third week of sharp gains as weak Chinese economic data compounded fears about a global recession. The dollar index, which measures the currency against six others, added 0.1 per cent on Friday to remain around a 20-year high — taking it up 1.5 per cent for … Read more

US mortgage rates in sharp fall as economic jitters seep into housing

US mortgage rates fell at the fastest pace since 2008 in the past week, as economic jitters in bond markets feed through to home loans at a time when dwelling costs are at historic highs. The average interest rate charged on a 30-year fixed-rate mortgage dropped for a second consecutive week to 5.3 per cent, … Read more

Sharp Increase in California Workers’ Comp Med-Legal Costs

Payments for medical-legal services used to resolve medical disputes over compensability issues in California work injury claims have risen sharply under the new Medical-Legal Fee Schedule that took effect last year, a new report shows. The report from the California Workers’ Compensation Institute shows an increase in aggregate med-legal fees in the first seven months … Read more

Here are 3 top stocks that insiders keep pouring millions into — following these ‘in-the-know’ bigwigs could be a sharp way to beat this nightmarish market

Here are 3 top stocks that insiders keep pouring millions into — following these ‘in-the-know’ bigwigs could be a sharp way to beat this nightmarish market Bear markets are noisy and volatile. It’s difficult for investors to cut through the noise, find the right signals and discover good opportunities. One of the clearest signals is … Read more

Sharp rise in energy-related scams as household bills soar in Britain

Fraudsters are using the cost of living crisis to expand their scams, with a sharp rise in energy-related schemes that exploit Britons’ desire to save money on electricity and gas bills, according to analysis of official data. Cons mentioning the names of the UK’s biggest energy companies rose 10 per cent year-on-year in the first … Read more