Today: September 22, 2024
Today: September 22, 2024

Finance

Election|Finance|Stock Markets

Crypto players ready wishlist for potential second Trump administration

When former U.S. president Donald Trump promised a bitcoin conference on Saturday that if reelected he would fire Securities and Exchange Commission Chair Gary Gensler, a

Crypto players ready wishlist for potential second Trump administration
Business|Economy|Finance

Citi breached a rule meant to keep banks safe, made liquidity reporting errors

Citigroup repeatedly breached a U.S.

Citi breached a rule meant to keep banks safe, made liquidity reporting errors
Economy|Finance

Fed's Powell puts September rate cut on table as US inflation cools

Federal Reserve Chair Jerome Powell said on Wednesday interest rates could be cut as soon as September if the U.S. economy follows its expected

Fed's Powell puts September rate cut on table as US inflation cools
Business|Economy|Finance

Singapore Airlines warns of passenger yield pressure due to competition, costs

Singapore Airlines on Wednesday warned that a key revenue metric would remain under pressure this year as rising competition crimps average fares and higher fuel costs dent group profit.

Singapore Airlines warns of passenger yield pressure due to competition, costs
Asia|Economy|Finance

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen

Japan’s index has plunged, as the U.S. dollar sank against the yen, and regional investors digested the rally on Wall Street that came on hopes U.S. cuts to interest rates will be arriving soon

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen
Asia|Business|Finance

Mizuho posts 18% Q1 earnings increase, bolstered by Japan's end to deflation

Japan's third-largest lender by assets, Mizuho Financial Group, reported an 18% growth in first-quarter profit on Wednesday as the long-awaited end of negative

Mizuho posts 18% Q1 earnings increase, bolstered by Japan's end to deflation
Economy|Finance

BOJ Governor Ueda's comments at news conference

The Bank of Japan raised interest rates in a mostly unexpected move on Wednesday and unveiled a detailed plan to slow its massive bond buying, taking another step towards phasing out a

BOJ Governor Ueda's comments at news conference
Business|Economy|Finance

Hugo Boss may push back 2025 targets as luxury sector falters

Hugo Boss may push back key sales and profit targets beyond 2025 when it reports its second-quarter results on Thursday, as investors watch for updates on trading and

Hugo Boss may push back 2025 targets as luxury sector falters
Africa|Economy|Finance

Ghana's Mahama would renegotiate IMF deal if he regains presidency

Former Ghanaian president John Dramani Mahama will try to renegotiate terms of an International Monetary Fund bailout and boost local ownership of future

Ghana's Mahama would renegotiate IMF deal if he regains presidency
Economy|Finance

Japan yields scale 15-year peaks, bank shares surge as BOJ hikes rates

Short-term Japanese government bond yields scaled 15-year peaks and Japanese bank shares soared on Wednesday as the Bank of Japan raised interest

Japan yields scale 15-year peaks, bank shares surge as BOJ hikes rates
Business|Europe|Finance|Stock Markets|Technology

Microsoft shares fall in Frankfurt after disappointing update

Microsoft's Frankfurt-listed shares fell 2.7% at the open on Wednesday following a disappointing update.

Microsoft shares fall in Frankfurt after disappointing update
Business|Economy|Finance

Firms 'pull forward' debt sales to avoid US election bump: Mike Dolan

Corporate credit markets shrugged off last week's equity wobble, setting aside any anxiety about the wider economy, allowing even low-rated firms to raise new debt with

Firms 'pull forward' debt sales to avoid US election bump: Mike Dolan
Business|Europe|Finance

France's Safran posts higher first-half profit

Jet engine and equipment maker Safran reaffirmed financial targets as it posted higher first-half profit on Wednesday, led by growth in the demand for spares and maintenance for

France's Safran posts higher first-half profit
Economy|Europe|Finance

BOJ hikes, Fed next

A look at the day ahead in European and global markets from Ankur Banerjee Investors in Europe will wake up to a volatile yen after the BOJ raised interest rates in a long-awaited move and a growing

BOJ hikes, Fed next
Economy|Finance

Investors react to BOJ's interest rate hike

The Bank of Japan said on Wednesday it is raising its short-term interest rate to 0.25% and will gradually reduce the amount of bonds it is buying under its quantitative easing programme.

Investors react to BOJ's interest rate hike
Asia|Business|Economy|Finance

HSBC offers $3 billion buyback as wealth income offsets rate cut anxiety

HSBC Holdings announced a $3 billion share buyback and upgraded its income outlook on Wednesday, as the bank showed progress

HSBC offers $3 billion buyback as wealth income offsets rate cut anxiety
Economy|Finance

BOJ raises interest rates, lays out bond taper plan

The Bank of Japan raised interest rates on Wednesday and projected inflation to stay around its 2% target in coming years, signaling its resolve to steadily unwind a decade of

BOJ raises interest rates, lays out bond taper plan
Election|Finance

Taiwan's top financial regulator Peng prepared for US election outcome

The chairman of Taiwan's top financial regulator said his agency has contingency plans for any possible outcome of the U.S. presidential election,

Taiwan's top financial regulator Peng prepared for US election outcome
Economy|Finance

Reserve Bank of India to hold rates in August, first cut in Q4: Reuters poll

The Reserve Bank of India (RBI) will keep interest rates steady for a ninth straight meeting in August due to persistently high inflation,

Reserve Bank of India to hold rates in August, first cut in Q4: Reuters poll
Economy|Finance

Dollar falls as Fed signals likely September rate cut

The dollar added to losses on Wednesday after the Federal Reserve held interest rates steady but opened the door to reducing borrowing costs as soon as its next

Dollar falls as Fed signals likely September rate cut
Business|Entertainment|Finance

Live Nation misses quarterly profit estimates, shares fall

Ticketmaster-parent Live Nation Entertainment missed analysts' estimates for second-quarter profit on Tuesday, hurt by higher operating expenses, sending its shares down more than 3% in

Live Nation misses quarterly profit estimates, shares fall
Economy|Finance

BOJ lifts rates, signals slow end to historic bond buying binge

The Bank of Japan raised interest rates to levels unseen in 15 years and unveiled a detailed plan to slow its massive bond buying, taking another

BOJ lifts rates, signals slow end to historic bond buying binge
Asia|Economy|Finance

The biggest day for markets this year

A look at the day ahead in Asian markets.

The biggest day for markets this year
Business|Economy|Finance

Caesars Entertainment posts second-quarter loss after $940 million charge

Caesars Entertainment on Tuesday posted a second-quarter loss compared with a year-ago profit, after the casino operator took a $940 million charge related to its REIT leases.

Caesars Entertainment posts second-quarter loss after $940 million charge
Business|Finance|Technology

Tinder parent Match to cut 6% jobs as activist investors seek changes

Match Group will let go about 6% of its staff as part of plans to discontinue live-streaming services on its dating apps, the Tinder parent said on Tuesday, as activist

Tinder parent Match to cut 6% jobs as activist investors seek changes

Follow