Asian markets diverged Thursday as investors digested US inflation data that supported the case for another interest rate cut next month but worries over the next Trump administration continued to cloud optimism.Bitcoin sat just above the $90,000 level it broke for the first time Wednesday when it hit a record $93,462, with observers expecting it …
Asian markets mixed as traders weigh Fed; bitcoin above $90,000 Read More »
Global equities stalled Wednesday while bitcoin hit a fresh high as traders digested a small rise in inflation and mulled what Donald Trump’s presidency might mean for global trade and the adoption of cryptocurrency.US stocks were little changed on Wednesday, as traders digested data pointing to a small increase in the Consumer Price Index (CPI) …
Bitcoin hits new highs, markets stall amid US inflation increase Read More »
Global equities stalled Wednesday while bitcoin hit a fresh high as traders fret over the impact of Donald Trump’s presidency on the Chinese and global economies amid fears his policies may reignite US inflation, which rose on latest data.The prospect of higher prices on the back of Trump’s planned tax cuts, import tariffs and an …
Markets stall, inflation and bitcoin rise amid Trump fears Read More »
Global equities stalled Wednesday as traders fret over the impact of Donald Trump’s presidency on the Chinese and global economies amid fears his policies could also reignite US inflation, which rose on latest data.The prospect of higher prices on the back of Trump’s planned tax cuts, import tariffs and an easing of regulations gave fresh …
Markets stall, inflation and bitcoin rise amid Trump fears Read More »
Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country’s second-biggest IPO this year, as investor optimism offset profit concerns.A booming stock market in the world’s fifth-largest economy has stoked an IPO frenzy over the past two years, with start-ups and established companies alike …
India delivery app Swiggy shares gain on market debut Read More »
Global stock markets diverged Wednesday as traders fret over the impact of Donald Trump’s presidency on the Chinese and global economies, with fears that his policies could also reignite US inflation.The prospect of higher prices on the back of Trump’s planned tax cuts, import tariffs and an easing of regulations gave fresh impetus to the …
Airlines cancelled flights to and from the Indonesian resort island of Bali on Wednesday, leaving travellers stranded after a nearby volcano catapulted an ash tower miles into the sky.At least 16 international routes were affected after Mount Lewotobi Laki-Laki on Flores island spewed a nine-kilometre (5.6-mile) tower a day earlier, the general manager of Bali’s …
Airlines ground Bali flights after volcano erupts Read More »
Asian markets fell again Wednesday as traders fret over the impact of Donald Trump’s presidency on the Chinese and global economies, with fears that his policies could also reignite US inflation.The prospect of prices spiking again on the back of tax cuts, import tariffs, and an easing of regulations gave fresh impetus to the dollar, …
Most Asian markets extend losses as Trump fears build Read More »
The Japanese owner of 7-Eleven said Wednesday its founding family had offered a counter-bid to a takeover attempt by Canadian convenience store rival Alimentation Couche-Tard (ACT).With around 85,000 outlets, 7-Eleven is the world’s biggest convenience chain. If realised, Couche-Tard’s seven trillion yen ($45 billion) takeover would be the largest foreign buyout of a Japanese firm.Bloomberg …
7-Eleven owner announces counter-bid to foreign buyout Read More »
Airlines in Australia, Hong Kong, India, Malaysia and Singapore cancelled flights to and from the Indonesian resort island of Bali on Wednesday, after a nearby volcano catapulted an ash tower miles into the sky.Australia’s Jetstar, Qantas and Virgin Australia all grounded flights after Mount Lewotobi Laki-Laki on Flores island spewed a nine-kilometre (5.6-mile) tower a …
Airlines around Asia ground Bali flights after volcano erupts Read More »
