Global stocks mostly fell Thursday as markets digested fresh central bank decisions and a rebound effort on Wall Street faded while US Treasury bond yields climbed further.US indices bounced early in the day, but the attempted rally faded as the yield on the 10-year US Treasury note rose above 4.5 percent. The Fed on Wednesday …
Global stocks mostly fall as US Treasury yields climb Read More »
Macau on Friday will welcome a new leader who has criticised the “barbaric expansion” of the casino industry and vowed to diversify the city’s economy to align it with China’s development goals.Sam Hou-fai, 62, is set to be sworn in as Macau’s next chief executive on Friday by Chinese President Xi Jinping, after a one-horse …
Sam Hou-fai: Macau’s top judge turned city leader Read More »
Wall Street stocks rebounded Thursday from sharp losses over the prospect of fewer US rate cuts next year despite the looming threat of a government shutdown.The plunge in New York after the Federal Reserve signalled Wednesday fewer cuts to US interest rates next year dragged down equities in Asia and Europe.The dollar initially rallied on …
Wall Street stocks rebound despite government shutdown threat Read More »
Major US weapons manufacturers including Boeing and Lockheed Martin, along with Europe’s Airbus and Chinese firms, put their wares on show at an arms fair in Hanoi Thursday as Vietnam looks to diversify its defence supplies away from Russia.A US Air Force A-10 Thunderbolt attack aircraft and a C-130 Super Hercules transport were on the …
US, European, Chinese firms seek to draw Vietnam arms deals from Russia Read More »
European and Asian stock markets slid Thursday following sharp losses on Wall Street as the Federal Reserve signalled fewer cuts to US interest rates next year.In a busy week for rate decisions, the Fed on Wednesday trimmed borrowing costs by a quarter point but halved the number of similar cuts it expects to carry out …
Stock markets decline as Fed eyes fewer rate cuts Read More »
Equity markets sank Thursday following a severe sell-off on Wall Street that came after the Federal Reserve halved its rates outlook, while the yen weakened as the Bank of Japan decided against a hike.All three main indexes in New York were sent spinning Wednesday — led by a rout in high-flying tech titans — after …
Markets track Wall St down after Fed forecast, BoJ hits yen Read More »
Japanese electronics titan Sony said Thursday it had paid more than $300 million for a 10 percent stake in the media conglomerate behind the smash-hit game ‘Elden Ring’.Kadokawa, which is known for producing anime and publishing books including manga comics, said last month that Sony had made an approach to the firm, sending the media …
Asian markets sank Thursday following a severe sell-off on Wall Street that came after the Federal Reserve halved its rates outlook, while the yen weakened as the Bank of Japan decided against a hike.All three main indexes in New York were sent spinning Wednesday — led by a rout in high-flying tech titans — after …
Asian stocks track Wall St down after Fed forecast, BoJ hits yen Read More »
Thu, 19 Dec 2024 04:53:06 GMT
The yen weakened against the dollar Thursday after the Bank of Japan kept borrowing costs unchanged, extending a retreat for the currency that came after the Federal Reserve forecast fewer rate cuts.The BoJ said after a two-day policy meeting that it would hold rates at around 0.25 percent, pushing the yen cheaper than 155 per …
Yen drops as Bank of Japan maintains key interest rate Read More »
