Today: September 20, 2024
Today: September 20, 2024

Google parent Alphabet reclaims spot in $2 trillion valuation club

FILE PHOTO: Illustration shows Alphabet logo
May 13, 2024
Reuters

(Reuters) - Alphabet breached the $2 trillion market value mark for the first time since November 2021 on Friday, as investors cheered the Google parent announcing its first-ever dividend and a $70 billion stock buyback.

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Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat

Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates

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China dairy farms swim in milk as fewer babies, slow economy cut demand

China is awash in unwanted milk as falling birth rates and cost-conscious consumers have cut demand even as dairy farms expanded in recent years, forcing smaller

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BOJ keeps interest rates steady, sticks to upbeat economic view

The Bank of Japan kept interest rates steady on Friday and maintained its view the economy remained on track for a moderate recovery.

BOJ keeps interest rates steady, sticks to upbeat economic view
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BOJ tankan expected to show big manufacturers' mood steady: Reuters poll

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Biden, 'Quad' leaders to talk maritime security as China tensions grow

Biden, 'Quad' leaders to talk maritime security as China tensions grow
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Investors shun European car stocks despite rock bottom valuations

Investors shun European car stocks despite rock bottom valuations
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Global refiners face profit slump as new plants come online

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