U.S. equity funds attracted significant inflows in the seven days to Aug. 21, bolstered by bets of a Federal Reserve rate cut in September and easing worries about a potential downturn in
August 23, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Jerome Powell takes centre stage at the Federal Reserve's Jackson Hole jamboree on Friday but the Fed chair would have to sound super
August 23, 2024
Global investors ploughed money into equity funds in the week to Aug. 21, encouraged by expectations of a Federal Reserve rate cut in September and easing concerns about the U.S. economy.
August 23, 2024
U.S. stocks rallied on Friday as dovish remarks from U.S.
August 23, 2024
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday
August 22, 2024
The South African rand jumped on Friday, after comments by Federal Reserve Chair Jerome Powell signalled an interest rate cut next month.
August 23, 2024
Euro zone consumers' inflation expectations over the next 12 months remained steady for the third month in a row in July, a European Central Bank survey showed on Friday.
August 23, 2024
Having spent all year trying to put a floor under the tumbling yuan, China's central bank is suddenly faced with the opposite problem and is turning to subtle ways to stop the
August 23, 2024
Investors poured $37 billion into cash-like money market funds (MMFs) in the week to Wednesday, Bank of America said on Friday, as they braced for the U.S.
August 23, 2024
Australian wagering business Tabcorp has been fined A$4.3 million ($2.89 million) for repeated breaches of gambling harm prevention laws between 2020 and 2023, the
August 23, 2024
Europe's STOXX 600 ended near session-highs amidst broad-based gains on Friday, as global markets advanced after Federal Reserve Chair Jerome Powell
August 23, 2024
Commonwealth Bank of Australia, the country's biggest lender, cut interest rates for some of its home loan products for new customers on Friday, stoking fears of
August 23, 2024
The dollar has been floored by an aggressive repricing of the U.S. interest rate outlook, but it's likely too soon to count the greenback out.
August 23, 2024
The latest earnings from AI darling Nvidia and key inflation numbers in the euro area and Australia should keep markets busy in the coming week.
August 23, 2024
Singapore's key consumer price gauge rose 2.5% in July from a year earlier, the smallest increase since February 2022, official data showed on Friday.
August 23, 2024
The European Central Bank has room to cut interest rates possibly two more times this year as inflation remains broadly on the declining path policymakers envisaged,
August 23, 2024
Federal Reserve Chair Jerome Powell on Friday endorsed an imminent start to interest rate cuts, saying further cooling in the job
August 23, 2024
U.S. stocks rallied closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy
August 23, 2024
Consumer price inflation is expected to stay unchanged in Japan's capital Tokyo in August, ending three months of acceleration, a Reuters poll showed, suggesting the central bank may
August 23, 2024
China's yuan inched higher against a softer dollar on Friday and looked set for the fifth straight weekly gain, its longest winning streak in more than three years.
August 23, 2024
Bank of Singapore aims to grow its business in the Middle East with the region contributing up to 20% of its overall revenue and private
August 23, 2024
China and Belarus have agreed to strengthen cooperation in a range of sectors including trade, security, energy and finance, according to a joint statement, after Chinese Premier
August 23, 2024
Wall Street and global shares jumped on Friday toward all-time highs, while Treasury yields slumped and the dollar languished, after a speech by U.S.
August 23, 2024
The dollar fell and sterling rose to its highest in more than two years on Friday after Federal Reserve Chair Jerome Powell gave an unambiguous signal that the
August 23, 2024
U.S. light crude oil gained more than 2% a barrel on Friday after comments by U.S.
August 23, 2024
Harris campaign reports spending nearly three times as much as Trump in August
New Zealand pilot Phillip Mehrtens freed from captivity in Indonesia's Papua
Sri Lanka has more women voters than men but no female presidential candidates
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Phillies clinch 3rd straight playoff berth and close in on NL East title
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