BOJ saves the day
A look at the day ahead in European and global markets from Stella Qiu. Is the Bank of Japan taking the mantle of market saviour from the Fed? Nikkei investors sure hope so.
August 07, 2024A look at the day ahead in European and global markets from Stella Qiu. Is the Bank of Japan taking the mantle of market saviour from the Fed? Nikkei investors sure hope so.
August 07, 2024An Australian man is set to appear in court on Wednesday after being arrested for the alleged theft of more than A$600,000 ($393,000) worth of commemorative coins
August 07, 2024Liquidators of troubled property giant China Evergrande Group have started legal action against PricewaterhouseCoopers, accusing it of "negligence" and "misrepresentation" in its work for
August 07, 2024Japan's top government spokesperson said on Wednesday there was no change to the government policy of promoting the public's shift from savings to investments despite recent volatile
August 07, 2024Japanese shares ended higher on Wednesday in a rollercoaster week of double-digit losses and gains that led the Bank of Japan's deputy governor to reassure investors
August 07, 2024Panama's government passed two decrees on Tuesday allowing the economy ministry to seek a cumulative $9 billion in financing, Panama's council of ministers said in a statement.
August 07, 2024The Bank of Japan's influential deputy governor said on Wednesday the central bank will not hike interest rates when markets are unstable, playing down the
August 07, 2024The yen dropped on Wednesday after an influential Bank of Japan official played down the chances of a near-term rate hike, soothing investors' concerns that a
August 07, 2024Wall Street equity indexes closed lower after Wednesday's choppy session while a bond auction pushed Treasury yields higher and the dollar rose
August 07, 2024Oil prices gained more than 2% on Wednesday, bouncing back from multi-month lows, after data showed a bigger-than-expected draw in U.S. crude stockpiles, even as
August 07, 2024The outlook for the Indian rupee has barely changed from last month as the Reserve Bank of India's interventions keep the currency, deemed
August 07, 2024Japan said on Wednesday that it conducted a record single-day yen-buying intervention in April, selling 5.92 trillion yen ($40.83 billion) worth of dollars in a
August 06, 2024A prime potential candidate for Japan's next prime minister endorsed the Bank of Japan's policy of gradually raising interest rates, saying
August 06, 2024BlackRock and exchange operator Nasdaq have proposed a rule change to list and trade options for the asset manager's spot ethereum exchange-traded fund, according to a regulatory filing on
August 06, 2024Britain needs to spend an extra 50 billion pounds ($64 billion) a year on public investment to boost productivity and long-run growth, largely funded by public
August 06, 2024Gene sequencing machine maker Illumina on Tuesday forecast 2024 sales from its core segment to decline, a sign that subdued demand for its instruments used in genetic tests could extend
August 06, 2024Bridgewater Associates said in a commentary sent to investors on Tuesday that it believes the sell-off in Japan's equities the previous day was exaggerated and
August 06, 2024The International Monetary Fund (IMF) on Tuesday said progress had been made in negotiations with El Salvador toward a fund-supported program with the Central American nation, though issues
August 06, 2024VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its China business as well as leaner inventory levels, sending its shares up
August 06, 2024Brazil's Itau Unibanco, Latin America's largest private lender, on Tuesday posted second-quarter profit that was up 15.2% from a year earlier, boosted by higher revenues and lower
August 06, 2024A look at the day ahead in Asian markets.
August 06, 2024Healthcare company DaVita raised its 2024 profit forecast on Tuesday expecting strong demand for its kidney dialysis services, sending shares of the company up 3% in aftermarket trade.
August 06, 2024Computer accessories maker Logitech International said on Tuesday it has appointed Matteo Anversa as its chief financial officer, effective Sept. 1.
August 06, 2024Airbnb says its profit fell 15% in the second quarter from a year earlier, as higher income taxes cut into the short-term rental giant’s bottom line even as bookings and revenue rose
August 06, 2024Reddit forecast third-quarter revenue above Wall Street estimates on Tuesday, a sign that a recovering digital ad market would draw more advertisers to the social media
August 06, 2024