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The Latest Breaking News from MPC

Government banks unveil higher loan interest levels

State-run banks have begun to raise loan interest rates for the first time in years, in line with the Bank of Thailand's policy rate hike on Wednesday.

Bangkok Post

BoT hikes interest rate for 4th time

The Bank of Thailand yesterday raised its policy interest rate by 0.25 percentage points for a fourth consecutive time in an attempt to contain high inflation.

Bangkok Post

Marathon, Valero and 1 Other Energy Stock to Purchase in 2023

With the sustained energy demand and an anticipated surge in oil prices, energy stocks will likely outperform the broader market again this year. Therefore, it seems wise to invest in fundamentally strong energy stocks Marathon Petroleum (MPC), Valero Energy (VLO), and Adams Resources & Energy (AE) to garner solid returns.…

StockNews.com

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New TCR deal looms for Supercars talent

Melbourne Performance Centre is hopeful of re-signing Supercars talent Will Brown for the 2023 TCR Australia season.

Motorsport

The Top 3 Oil and Gas Stocks to Buy in 2023

A tight supply and China’s recovering demand are expected to keep oil prices high in the foreseeable future. Given this backdrop, fundamentally strong energy stocks Marathon Petroleum (MPC), Berry Corporation (BRY), and Unit Corporation (UNTC) might be solid buys in 2023. Read on….

StockNews.com

28-car field for 2023 Bathurst 12 Hour

Bathurst 12 Hour organisers have announced a 28-car field for the 2023 running of the event.

Motorsport

The 3 Top Energy Stocks to Buy for 2023

The energy sector is anticipated to perform well in the foreseeable future as the Chinese economy recovers from COVID-19 and demand rebounds. Given this backdrop, quality energy stocks Marathon Petroleum (MPC), Berry Corporation (BRY), and Adams Resources & Energy (AE) might be solid buys for 2023. Read on….

StockNews.com

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2023 set to be 'year of recession', expert says

The cost of living crisis wrought havoc in 2022, but 2023 is not expected to be much better

Wales Online

The 2 Best Energy Picks for Big Gains in 2023

Despite the recent decline in oil and gas prices from their peaks, analysts remain bullish on the sector’s performance for the following year. Given this backdrop, it could be wise to buy fundamentally sound energy stocks Marathon Petroleum (MPC) and Adams Resources & Energy (AE), which look poised to soar.…

StockNews.com

Egypt’s Central Bank Raises Key Interest Rates by 300 bps

Egypt's central bank hiked overnight interest rates by 300 basis points on Thursday, warning that inflationary pressures were building, Reuters reported. The bank's Monetary Policy Committee (MPC) raised the deposit rate to 16.25% and its lending rate to 17.25%, it said in a statement. "The MPC judges that demand side…

Asharq Al-Awsat

Central bank upbeat on long-term growth

The Bank of Thailand expects the economy to continue to align with potential growth projections for the next two years, then strengthen in the longer term.

Bangkok Post

3 Energy Stocks That Are Big Buys Right Now

Despite energy prices coming under pressure due to interest rate hikes and the strengthening of the dollar, several factors, including the price cap on Russian crude, are expected to keep the energy market hot. Hence, quality energy stocks Marathon Petroleum (MPC), Valero Energy (VLO), and Adams Resources & Energy (AE)…

StockNews.com

2 Momentum Stocks to Buy Before 2022 Ends

Marathon Petroleum (MPC) and Unit Corporation (UNTC) have maintained strong momentum despite the market fluctuations this year. With the market expected to remain under pressure in the near term, it could be wise to buy these stocks, which are expected to sustain their momentum based on their fundamental strength. Let’s…

StockNews.com

Bank of England hikes interest rates again to 3.5 percent in new 14 year high

It comes as inflation dipped slightly last month to 10.7 percent

Manchester Evening News

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Insider UK

Bank of England raises interest rates to new 14-year high

Warnings that further interest rate rises are likely in the coming months to stabilise the economy

The Guardian - UK

Interest rates: UK borrowers are facing a serious reality check

Latest Bank of England rise offers little hope to generation of homebuyers weaned on ultra-cheap mortgages

Evening Standard

Bank of England raises interest rates to 3.5%

Thousands of London families were dealt a new cost of living blow on Thursday when the Bank of England ordered a 0.5 per cent rise in interest rates to a 14 year high of 3.5 per cent.

The Guardian - UK

Bank of England raises interest rates to 3.5% in ninth increase in a year

Majority of MPC rate-setters back hike of 0.5 percentage points despite fears UK is entering a long recession

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The Guardian - UK

Bank of England poised to raise borrowing costs to combat inflation

Financial markets expect 0.5 percentage point increase as fears mount that UK is about to enter long recession

The Independent UK

Bank of England expected to hike interest rates again despite softening inflation

Economists predict 0.5 per cent rise despite inflation peak and sharp recession

The Guardian - UK

Who is the ‘sexy turtle’? Andrew Bailey helps decide your mortgage costs

Some praise UK’s most powerful non-elected official for mini-budget response while some say Bank of England governor is out of touch

Evening Standard

City comment: Don’t shoot the MPC pilots

BoE rate setters face an unenviable task this week as economic indicators send mixed messages

The Guardian - UK

Fears for UK economy after manufacturing sector shrinks by 4%

Industry body Make UK says ‘no sugar-coating poor outlook’ for next year and ‘possibly beyond’

Wales Online

Bank of England to hike mortgage repayments again next week

Interest rates to be raised another half of a per cent

The National (Scotland)

More mortgage pressure as Bank of England 'to raise interest rates' further

THE Bank of England is expected to raise interest rates even higher next week at its next meeting, putting further pressure on mortgages.

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