Today: September 18, 2024
Today: September 18, 2024

Finance

Asia|Economy|Finance|Stock Markets

Dollar cedes ground, Asia stocks mixed as Fed looms large

The dollar ceded some of its overnight gains on Wednesday while Asian stocks put in a mixed display as traders weighed the odds of a super-sized Federal Reserve

Dollar cedes ground, Asia stocks mixed as Fed looms large
Business|Economy|Finance|World

Oil prices steady, with investors focusing on Fed decision

Oil prices steadied on Wednesday, after rising in the previous two sessions, as investors await the U.S.

Oil prices steady, with investors focusing on Fed decision
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meeting

Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in more than four years

Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meeting
Business|Economy|Finance

Dollar catches footing ahead of Fed

The dollar steadied on Wednesday as stronger-than-expected U.S. retail sales had traders slightly trimming bets that the U.S. easing cycle will begin with an

Dollar catches footing ahead of Fed
Economy|Finance

Japan July machinery orders fall 0.1% m/m

Japan's core machinery orders unexpectedly fell 0.1% in July from the previous month, government data showed on Wednesday.

Japan July machinery orders fall 0.1% m/m
Economy|Europe|Finance|News|World

IMF postpones scheduled consultations with Russia, says TASS, citing Russian director

The International Monetary Fund has postponed its planned consultation mission with Russia indefinitely because of technical issues, TASS agency cited Alexei Mozhin, Russia's director at

IMF postpones scheduled consultations with Russia, says TASS, citing Russian director
Australia|Business|Finance

Australia's RBA to prioritise wholesale CBDC work over retail

Australia's central bank has decided to prioritise work on a wholesale central bank digital currency (CBDC) as its economic benefits are judged to outweigh those of a retail version

Australia's RBA to prioritise wholesale CBDC work over retail
Asia|Business|Economy|Finance

Fed's close call - the waiting is almost over

A look at the day ahead in Asian markets.

Fed's close call - the waiting is almost over
Business|Finance

Arko mulls sale of convenience store operations in reversal of strategy, sources say

Store operator Arko is planning to divest its convenience store operations in a deal that could be valued at around $2 billion, as it looks to abandon a

Arko mulls sale of convenience store operations in reversal of strategy, sources say
Americas|Economy|Finance

Colombia government will not change proposed 2025 budget value, finance minister says

Colombia's government will not modify the value of 523 trillion pesos ($123.9 billion) for its proposed 2025 budget, Finance Minister Ricardo Bonilla said in an

Colombia government will not change proposed 2025 budget value, finance minister says
Business|Finance|Technology

US urges leniency for FTX's Caroline Ellison, cites help against Bankman-Fried

U.S. prosecutors made a case for leniency for former FTX cryptocurrency executive Caroline Ellison when she is sentenced over her role in the exchange's

US urges leniency for FTX's Caroline Ellison, cites help against Bankman-Fried
Business|Finance|Technology

Microsoft, BlackRock to launch $30 billion fund for AI infrastructure

BlackRock and Microsoft plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on

Microsoft, BlackRock to launch $30 billion fund for AI infrastructure
Business|Finance

Steve Cohen stops trading for hedge fund Point72

Steve Cohen, billionaire founder of Point72 Asset Management, has stopped trading at the hedge fund although he is still making investment decisions as a co-chief investment officer

Steve Cohen stops trading for hedge fund Point72
Business|Finance

Activist Elliott tells Southwest Air mechanics it still wants CEO's ouster, memo says

Activist investor Elliott Investment Management told one of Southwest Airlines' top unions it still wants to replace

Activist Elliott tells Southwest Air mechanics it still wants CEO's ouster, memo says
Business|Economy|Finance

FTX auditor settles US SEC negligence case, pays fine

A former auditor for FTX will pay $1.95 million to settle two U.S.

FTX auditor settles US SEC negligence case, pays fine
Business|Economy|Europe|Finance|News

French central bank sees consumer gains easing budget pains

France's economy is set to gain momentum in the coming two years as lower inflation boosts consumer spending, helping to offset the drag from government belt-tightening, the central

French central bank sees consumer gains easing budget pains
Americas|Business|Celebrity|Finance|Stock Markets

Trump's media stock falls before insider trading restrictions lift

Shares of Donald Trump's media company fell for a second session on Tuesday ahead of the end of restrictions on share sales by the former U.S. president and other

Trump's media stock falls before insider trading restrictions lift
Economy|Finance|News

Sahm rule creator sees 50-bps Fed rate cut on labor market worries

The U.S. economy is not in a recession but labor-market weakness might worry the Federal Reserve enough to cut interest rates by 50 basis points on Wednesday,

Sahm rule creator sees 50-bps Fed rate cut on labor market worries
Americas|Business|Finance

Venezuela seeks 4-month pause in auction of shares in Citgo parent

Lawyers representing Venezuela on Tuesday requested a four-month pause in a U.S. court-ordered auction of shares in a parent of Houston-based oil refiner Citgo Petroleum to pay

Venezuela seeks 4-month pause in auction of shares in Citgo parent
Africa|Business|Finance

JPMorgan CEO Jamie Dimon to visit Africa in growth push

JPMorgan Chase CEO Jamie Dimon plans to travel to Africa in mid-October in a push by the biggest U.S. lender to expand on the

JPMorgan CEO Jamie Dimon to visit Africa in growth push
Business|Economy|Finance

Walmart's Sam's Club to raise hourly pay for 100,000 workers from November

Walmart-owned Sam's Club said on Tuesday it would raise average hourly wages for nearly 100,000 of its workers, as part of a new employee compensation plan that will come into effect ahead

Walmart's Sam's Club to raise hourly pay for 100,000 workers from November
Business|Finance|Technology

JPMorgan in talks with Apple over Goldman credit card partnership, source says

JPMorgan Chase is in talks with Apple about replacing Goldman Sachs as the tech giant's credit-card partner, a source familiar with the matter said on Tuesday.

JPMorgan in talks with Apple over Goldman credit card partnership, source says
Business|Economy|Finance|News

US watchdog warns banks about customer consent for overdraft fees

The top U.S. regulator for consumer finance on Tuesday published legal guidance that it said would help stop banks from charging overdraft fees to customers who had not genuinely consented

US watchdog warns banks about customer consent for overdraft fees
Business|Finance|Stock Markets

S&P 500 on track for first record close since July

The S&P 500 rose to an all-time intraday high on Tuesday and was on track for a record close, lifted by investor confidence that the Federal Reserve is set to begin cutting interest rates,

S&P 500 on track for first record close since July
Business|Finance

Chinese insurance broker Yuanbao files for US IPO amid reviving investor appetite

Chinese insurance broker Yuanbao on Tuesday filed for an initial public offering in the United States, signaling a broader recovery in investor appetite for new listings.

Chinese insurance broker Yuanbao files for US IPO amid reviving investor appetite

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