Today: September 21, 2024
Today: September 21, 2024

Finance

Asia|Economy|Finance

Yuan up as dollar wobbles ahead of Jackson Hole

The yuan headed for its sharpest gain in two weeks on Monday, riding a wave of broad dollar selling as investors bet on U.S. rate cuts, but slid against a resurgent yen.

Yuan up as dollar wobbles ahead of Jackson Hole
Business|Economy|Finance

Key facts about Canada's biggest rail operators as work stoppage begins

Canada is seeing an unprecedented simultaneous stoppage at its two main freight rail operators that could inflict billions of dollars worth of economic damage.

Key facts about Canada's biggest rail operators as work stoppage begins
Asia|Business|Finance

Japan, Tokyo governments target $4.7 billion valuation for Tokyo Metro in IPO, sources say

Japan's national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo Metro as they prepare to list the subway

Japan, Tokyo governments target $4.7 billion valuation for Tokyo Metro in IPO, sources say
Business|Finance

Aussie earnings season 'positive surprise' so far, but tide could turn, Macquarie says

Australian corporate earnings have been a "positive surprise" amid investor euphoria over estimate-beating margins, but historical trends suggest results could take a turn as the earnings

Aussie earnings season 'positive surprise' so far, but tide could turn, Macquarie says
Business|Finance

Dollar hits 7-month low, yen gains as traders wait on Jackson Hole

The dollar fell to a seven-month low and the Japanese yen hit a more than one-week high as traders awaited comments from Federal Reserve Chair Jerome Powell this

Dollar hits 7-month low, yen gains as traders wait on Jackson Hole
Economy|Finance

Funds go long yen for first time in four year: McGeever

By one measure, the speculative Japanese yen-funded carry trade has been completely unwound.

Funds go long yen for first time in four year: McGeever
Economy|Finance

Thai central bank to hold rates until Q2 2025, political turmoil risks early cut - Reuters poll

The Bank of Thailand (BOT) will keep interest rates unchanged on Wednesday and through Q1 2025 to balance growth with inflation control while assessing the

Thai central bank to hold rates until Q2 2025, political turmoil risks early cut - Reuters poll
Business|Finance

Oil falls by more than $2 a barrel on Gaza ceasefire talks and weak Chinese economy

Oil prices fell by more than $2 a barrel Monday on the prospect of successful Middle Eastern peace talks reducing supply risks, while leading oil importer China's

Oil falls by more than $2 a barrel on Gaza ceasefire talks and weak Chinese economy
Business|Finance|News

Wall Street sends stocks up, dollar down ahead of Fed news

Global stocks pushed higher and the dollar tipped lower on Monday, after shares surged last week on expectations the U.S. economy would dodge a

Wall Street sends stocks up, dollar down ahead of Fed news
Australia|Business|Finance|Stock Markets

Australia's Westpac posts steady Q3 profit, helped by higher capital earnings

Australia's Westpac Banking Corp said on Monday its third-quarter net profit was largely in line with a year ago, as increased earnings from capital and hedged deposits counterbalanced

Australia's Westpac posts steady Q3 profit, helped by higher capital earnings
Asia|Economy|Finance|Stock Markets

US soft landing hopes lift EM assets

A look at the day ahead in Asian markets. 

US soft landing hopes lift EM assets
Business|Economy|Finance

Fed's Daly says it is time to consider adjusting borrowing costs, FT reports

San Francisco Federal Reserve Bank President Mary Daly said it is time to consider adjusting borrowing costs from their current range of 5.25% to 5.5%, in an interview with the Financial

Fed's Daly says it is time to consider adjusting borrowing costs, FT reports
Economy|Environment|Finance|News

Burned and uninsured: Wildfires are leaving California’s housing market in trouble

Burned and uninsured: Wildfires are leaving California’s housing market in trouble

Burned and uninsured: Wildfires are leaving California’s housing market in trouble
Business|Economy|Finance|News

Canada's CPKC expands freight embargoes ahead of looming work stoppage

Canadian Pacific Kansas City said on Saturday it would halt any new rail shipments originating in Canada, and all new U.S. shipments destined for Canada starting

Canada's CPKC expands freight embargoes ahead of looming work stoppage
Business|Economy|Finance|News|Political|Stock Markets

Harris’ plan to stop price gouging could create more problems than it solves

Harris’ plan to stop price gouging could create more problems than it solves

Harris’ plan to stop price gouging could create more problems than it solves
Finance

Short bets in five-year Treasury futures largest on record -CFTC data

Speculators raised their net short bets on five-year Treasuries to the largest on record in the latest week, while bearish bets on 10-year Treasury futures were the largest since January,

Short bets in five-year Treasury futures largest on record -CFTC data
Business|Celebrity|Finance

Bibles, cryptocurrency, Truth Social and gold bars: A look at Trump's reported sources of income

Former President Donald Trump owns more than $1 million worth of cryptocurrency and up to $250,000 in gold bars along with the portfolio of golf courses and real estate properties that have made him a billionaire

Bibles, cryptocurrency, Truth Social and gold bars: A look at Trump's reported sources of income
Economy|Environment|Finance

US judge blocks Missouri rule curbing socially-conscious investing

A federal judge in Missouri

US judge blocks Missouri rule curbing socially-conscious investing
Economy|Finance

Dollar softens, yen set for weekly fall as US recession worries fade

The dollar fell against the yen on Friday, and was softer against other peers as traders took profits and investors sifted through economic data to gauge the

Dollar softens, yen set for weekly fall as US recession worries fade
Economy|Finance|News

US consumer sentiment rises in August; inflation expectations steady

U.S. consumer sentiment rose in August, driven by developments in the race for the White House, while inflation expectations remained unchanged over the next year and beyond, a survey

US consumer sentiment rises in August; inflation expectations steady
Business|Economy|Finance

Evergrande onshore unit's administrator seeks details from creditors ahead of meeting

The administrator of a major Evergrande onshore unit has asked creditors to provide details about the debt the embattled property developer owes to them ahead of the first

Evergrande onshore unit's administrator seeks details from creditors ahead of meeting
Asia|Finance|Stock Markets

World stocks extend week-long rebound after slew of US data

Global shares pushed higher on Friday, adding to weekly gains, after encouraging U.S. economic data helped soothe fears of a recession in the

World stocks extend week-long rebound after slew of US data
Economy|Finance|Stock Markets

US equity funds see biggest weekly outflow in two months

U.S. investors cut their equity fund holdings and boosted safer positions in the seven days to Aug. 14 amid persistent concerns over an economic slowdown and recent market volatility.

US equity funds see biggest weekly outflow in two months
Business|Economy|Finance

Stocks are rallying again. Are they out of the woods?

Stocks are rallying again. Are they out of the woods?

Stocks are rallying again. Are they out of the woods?
Business|Economy|Finance

Brazil's economy shows strength in Q2 as June activity overshoots forecasts

The Brazilian economy closed the second quarter showing resilience after much stronger-than-expected activity data in June, central bank figures showed on Friday, reinforcing

Brazil's economy shows strength in Q2 as June activity overshoots forecasts

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