European shares hit one-week high as ECB cuts interest rates
European shares jumped on Thursday after the European Central Bank (ECB) cut interest rates again as inflation hovers within striking distance of its 2%
September 12, 2024European shares jumped on Thursday after the European Central Bank (ECB) cut interest rates again as inflation hovers within striking distance of its 2%
September 12, 2024PGIM, the investment management arm of U.S. insurer Prudential Financial, has opened an office in Abu Dhabi, it said on Thursday, joining a slew of money
September 12, 2024A closed-door court battle over control of Rupert Murdoch’s media empire begins Sept. 16, and could determine the future of Fox News and the Wall Street
September 12, 2024A look at the day ahead in European and global markets from Stella Qiu Asian stock markets were broadly higher as investors regained some of their love for tech stocks, and Nvidia in particular, while
September 12, 2024Taiwan financial conglomerate Taishin said it would raise its offer for peer Shin Kong by 25% to about T$222.4 billion ($7 billion), in a deal that would be Taiwan's
September 12, 2024U.S. holiday sales are expected to grow at their slowest pace in six years, data from Deloitte showed on Thursday as persistent inflation and dried up savings turn shoppers more frugal for
September 12, 2024Canada's Alimentation Couche-Tard is discussing how much it could raise the offer price to buy Japan's Seven & i Holdings, Bloomberg News reported on Thursday, citing unnamed sources
September 12, 2024A board member of South Korea's central bank said economic growth and financial stability are key factors for the monetary policy board to consider as it determines the timing and
September 12, 2024Mexico's sweeping judicial overhaul passed in the Senate earlier on Wednesday could have significant implications for the nation's sovereign credit rating, Moody's Ratings
September 12, 2024Wall Street eked out gains and gold surged to a record high on Thursday as investors awaited a Federal Reserve interest rate cut next week.
September 12, 2024The Bank of Japan must raise interest rates to at least 1% as soon as the second half of next fiscal year, hawkish policymaker Naoki Tamura said on Thursday,
September 12, 2024Automaker Stellantis told its U.S. dealers on Wednesday that its August sales were up 21% from July, and its dealer inventory was reduced for two consecutive months by approximately 10%.
September 12, 2024Oil prices rose over 2% on Thursday as producers assessed the impact on output in the U.S.
September 11, 2024The euro rose against the dollar on Thursday after the European Central Bank lowered interest rates and ECB president Christine
September 11, 2024South Korea's market watchdog stressed on Thursday the role of the public pension fund to ensure the success of ongoing capital market reforms, as the fund which has
September 11, 2024Japan's annual wholesale inflation slowed in August as the yen's rebound weighed on import costs, data showed on Thursday, taking some pressure off the central bank to
September 11, 2024Global sales of fully electric and plug-in hybrid vehicles rose by a yearly 20% in August, driven by record high sales in China, and despite a
September 11, 202423andMe co-founder and chief executive Anne Wojcicki would be open to considering third-party takeover proposals for the company, a regulatory filing showed on Wednesday.
September 11, 2024The European Central Bank cut interest rates again on Thursday and signalled a "declining path" for borrowing costs in the months ahead as
September 11, 2024A look at the day ahead in Asian markets.
September 11, 2024The Colombian Senate's economics committee threw out the government's proposed 2025 budget on Wednesday, arguing the Andean country will not be
September 11, 2024Norfolk Southern on Wednesday fired its chief executive officer, Alan Shaw, and promoted its chief financial officer to run the railroad after an internal
September 11, 2024A government investigation into Atlanta Federal Reserve President Raphael Bostic's securities trades and investments has found he violated several of the central bank's ethics policies
September 11, 2024AI heavyweight OpenAI is in talks to raise funds at a valuation of $150 billion, Bloomberg News reported on Wednesday, a move that would fortify its status as one of the biggest startups in
September 11, 2024Amazon's cloud computing arm, Amazon Web Services (AWS), will invest 10.1 billion reais ($1.8 billion) in Brazil through 2034 to expand its data center operations in the country,
September 11, 2024