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

Finance

Business|Economy|Finance

BOJ's Ueda signals readiness to raise rates if growth, inflation on track

Bank of Japan Governor Kazuo Ueda on Friday reaffirmed his resolve to raise interest rates if inflation stayed on course to sustainably hit the 2%

BOJ's Ueda signals readiness to raise rates if growth, inflation on track
Australia|Business|Economy|Finance

Australia Treasurer amends RBA reforms after opposition objections

Australia Treasurer Jim Chalmers said on Friday he was prepared to amend some proposed reforms of the Reserve Bank of Australia after objections from the opposition

Australia Treasurer amends RBA reforms after opposition objections
Business|Economy|Finance

UK consumer confidence matches almost 3-year high in August

British consumer confidence held at an almost three-year high in August, bolstered by improving sentiment around personal finances and major purchases, according to a survey on Friday that

UK consumer confidence matches almost 3-year high in August
Australia|Business|Finance

Australian regulator hikes ANZ's capital add-on, citing bond scandal

Australia's bank regulator on Friday raised the amount of spare cash that No. 3 lender ANZ must keep on hand due to suspected wide-ranging misconduct at its

Australian regulator hikes ANZ's capital add-on, citing bond scandal
Asia|Business|Finance

Dollar strikes back, Japan in spotlight

A look at the day ahead in Asian markets.

Dollar strikes back, Japan in spotlight
Economy|Finance

Harris adviser Deese calls for Marshall Plan on clean energy

Brian Deese, an economic adviser for Vice President Kamala Harris' presidential campaign, called on Thursday for an economic program to loan allies money to

Harris adviser Deese calls for Marshall Plan on clean energy
Business|Finance

Ross Stores lifts profit view on firm demand for discounted apparel

Ross Stores raised its fiscal 2024 profit forecast and posted second-quarter results above Wall Street estimates on Thursday, benefiting from demand for its discounted

Ross Stores lifts profit view on firm demand for discounted apparel
Business|Finance|Technology

GM's Cruise to offer robotaxis on Uber's platform from next year

Cruise will offer its autonomous vehicles on ride-hailing platform Uber starting next year, the companies said on Thursday, as the General Motors-

GM's Cruise to offer robotaxis on Uber's platform from next year
Business|Finance|News

US Postal Service seeks to save $30 billion over 10 years with delivery, other changes

The U.S. Postal Service said on Thursday it is aiming to implement changes that it estimates will save the agency roughly $30 billion over the next decade.

US Postal Service seeks to save $30 billion over 10 years with delivery, other changes
Business|Economy|Finance

Brazil's central bank is not cornered into raising interest rates, says director Galipolo

Brazil's central bank director of monetary policy Gabriel Galipolo disagrees with those who interpret his recent statements as suggesting the central bank is cornered into

Brazil's central bank is not cornered into raising interest rates, says director Galipolo
Business|Finance|Stock Markets

Bristol-Myers Squibb-backed Zenas BioPharma files for US IPO

Bristol-Myers Squibb-backed Zenas BioPharma has filed to go public in the United States, a regulatory filing showed on Thursday, underscoring improving investor appetite for new listings.

Bristol-Myers Squibb-backed Zenas BioPharma files for US IPO
Business|Finance

US business equipment borrowings rise 13% in July, ELFA says

U.S. companies increased borrowing to finance equipment investments by 13% in July compared with the previous year, the Equipment Leasing and Finance Association said on Thursday.

US business equipment borrowings rise 13% in July, ELFA says
Business|Finance

Ex-FTX executive Salame's partner charged with violating US campaign finance laws

Michelle Bond, a former U.S. congressional candidate and the romantic partner of former FTX cryptocurrency exchange executive Ryan Salame, has been charged with

Ex-FTX executive Salame's partner charged with violating US campaign finance laws
Business|Finance

Fed has 'clear path' to achieving goals without recession, Collins says

Boston Federal Reserve President Susan Collins on Thursday expressed confidence the U.S. central bank will be able to bring

Fed has 'clear path' to achieving goals without recession, Collins says
Business|Finance

CME, S&P explore sale of joint venture OSTTRA, Bloomberg News reports

Derivatives exchange CME Group and financial information company S&P Global are weighing a sale of joint venture OSTTRA, Bloomberg News reported on Thursday, citing people familiar with

CME, S&P explore sale of joint venture OSTTRA, Bloomberg News reports
Economy|Finance

Average rate on a 30-year mortgage eases to 6.46%, the lowest level in 15 months

The average rate on a 30-year mortgage eased this week to its lowest level in 15 months

Average rate on a 30-year mortgage eases to 6.46%, the lowest level in 15 months
Business|Finance

US 30-year fixed-rate mortgage slips to lowest level since May 2023

The average rate on the popular U.S. 30-year fixed-rate mortgage ticked down this week to the lowest level since May 2023, but may need to fall further for the

US 30-year fixed-rate mortgage slips to lowest level since May 2023
Business|Finance

Advance Auto Parts sells Worldpac unit to Carlyle Group for $1.5 billion, cuts forecast

Advance Auto Parts said on Thursday it would sell its Worldpac unit for $1.5 billion as part of its latest attempt at streamlining operations, but

Advance Auto Parts sells Worldpac unit to Carlyle Group for $1.5 billion, cuts forecast
Business|Finance

India may let foreign investors raise capital in rupees to invest overseas, source says

India may allow certain foreign investors to raise capital in rupees for investments in select countries, a government official said, in a move aimed at

India may let foreign investors raise capital in rupees to invest overseas, source says
Finance

Column-US rate shift infects dollar, but prognosis isn't terminal: McGeever

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.    

Column-US rate shift infects dollar, but prognosis isn't terminal: McGeever
Economy|Finance|News

Fed policymakers flag rate cuts as job market cools

By Ann Saphir and Michael S.

Fed policymakers flag rate cuts as job market cools
Business|Economy|Finance|News

US existing home sales rise more than expected in July

U.S. existing home sales rose more than expected in July, reversing four consecutive monthly declines, as improving supply and declining mortgage rates offered hope that activity could

US existing home sales rise more than expected in July
Business|Economy|Finance

US business activity edges lower; pricing power ebbs further

U.S. business activity fell to a 4-month low in August and firms continued to struggle to pass on higher prices to consumers, bolstering the likelihood that inflation will stay on a

US business activity edges lower; pricing power ebbs further
Asia|Business|Finance

PwC China faces 6-mth business ban, large fine over Evergrande audit, sources say

Chinese regulators will likely impose a six-month business suspension on a big part of PricewaterhouseCoopers' auditing unit in mainland China, as a

PwC China faces 6-mth business ban, large fine over Evergrande audit, sources say
Economy|Finance

Fed's Collins: will soon be appropriate to cut interest rates

It will soon be appropriate for the Federal Reserve to begin a rate-cutting cycle, Boston Fed President Susan Collins said on Thursday, signaling her likely support for a rate cut at the

Fed's Collins: will soon be appropriate to cut interest rates

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