Global shares stalled Monday ahead of an expected US interest-rate cut later this week while concerns over political battles in Europe and China’s struggling economy sent other world markets lower.Wall Street offered little cheer as the Dow marked time although the tech-heavy Nasdaq and the broad-based S&P 500 were just in the green some two …
The head of Japan’s SoftBank is set to announce plans on Monday to invest $100 billion in the United States over the next four years, a spokesperson for US President-elect Donald Trump’s transition team told AFP.SoftBank’s billionaire chief executive Masayoshi Son and Trump are expected to jointly announce the planned investment at the president-elect’s Mar-a-Lago …
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The head of Japan’s SoftBank is set to announce plans on Monday to invest $100 billion in the United States over the next four years, a spokesperson for US President-elect Donald Trump’s transition team told AFP.SoftBank’s billionaire chief executive Masayoshi Son and Trump are expected to jointly announce the planned investment at the president-elect’s Mar-a-Lago …
SoftBank CEO set to announce $100 bn US investment Read More »
Wall Street shares mostly rose Monday ahead of an expected US interest-rate cut later this week while concerns over political battles in Europe and China’s struggling economy sent other world markets lower.Bitcoin, meanwhile, hit a new record high at $106,493.43 as it continues to gain support from Donald Trump’s backing of cryptocurrencies.In New York, the …
Malaysian automaker Proton unveiled the country’s first locally-produced electric vehicle on Monday, after the government pledged to boost EV uptake on the roads.Proton — which is backed by Chinese automotive giant Geely — launched the e.MAS 7 SUV at the Malaysia International Trade and Exhibition Centre in Kuala Lumpur.The cheapest e.MAS 7 will be priced …
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Major stock markets and oil prices retreated Monday after an unexpected slowdown in retail sales reinforced worries about China’s struggling economy.The dollar mostly rose as traders looked ahead to interest-rate decisions this week from the US Federal Reserve, Bank of Japan and Bank of England.Bitcoin hit a new record high at $106,493.43.”China remained the central …
Most markets fell on Monday after an unexpected slowdown in retail sales reinforced worries about China’s economy, with the latest batch of weak data compounding the disappointment of Beijing’s latest stimulus pledges.The tepid start came on the year’s last full week of trading, with the focus on key monetary policy decisions by the US Federal …
Equity markets struggle after more weak China data Read More »
Asian markets mostly fell Monday after an unexpected slowdown in retail sales reinforced worries about China’s economy, with the latest batch of weak data compounding the disappointment of Beijing’s latest stimulus pledges.The tepid start came on the year’s last full week of trading, with the focus on key monetary policy decisions by the US Federal …
Asian markets struggle after more weak China data Read More »
Wall Street stocks finished a lackluster week on a muted note Friday as concerns about rising Treasury bond yields competed with enthusiasm over artificial intelligence equities.Of the major indices, only the Nasdaq mustered a gain in Friday’s session. The tech-rich index was also the only of the three leading US benchmarks to conclude the week …
The UK, Italy and Japan on Friday launched a joint venture to develop a supersonic next-generation fighter jet by 2035, replacing the Eurofighter Typhoon.Britain’s BAE Systems, Italy’s Leonardo and Japan Aircraft Industrial Enhancement Co Ltd (JAIEC) will each hold a 33.3 percent share in the new venture, “marking a pivotal moment for the international aerospace …
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