Asian markets fluctuated Monday on fresh trade fears after Donald Trump’s decision to impose huge tariffs on Colombia, in retaliation for its refusal to accept deportation flights from the United States.Traders were also assessing the impact of a new, cheaper Chinese generative AI programme released last week that hit tech firms amid claims it can …
Asian stocks mixed as tariff fears return, new AI programme emerges Read More »
Cars speeding along a smooth, black-coloured street in Nepal’s Pokhara are also driving over heaps of discarded plastic, transformed into an ingredient in road construction.Nepal’s urban areas generate about 5,000 tonnes of solid waste per day, according to the World Bank, of which 13 percent is plastic waste dumped in landfills.While high-value plastics, like bottles, …
Rubbish roads: Nepal explores paving with plastic Read More »
Wall Street stocks retreated Friday as the market’s latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates.After a flattish open, major US indices tumbled into the red. The S&P 500 finished down 0.3 percent after closing at a record high on Thursday.”This is normal consolidation or profit …
US stocks retreat while yen gains on Bank of Japan rate hike Read More »
Global stocks diverged on Friday as investors weighed corporate earnings, economic data and President Donald Trump’s policies.Meanwhile the US dollar lost more than one percent against the euro and pound following the US president’s comments about not wanting to impose tariffs on China and calling for lower interest rates.The S&P 500 edged higher to set …
Stocks diverge as investors weigh earnings, Trump policies Read More »
Global stock markets rose Friday after a record day on Wall Street in response to US President Donald Trump’s tax-cut pledge and his more friendly comments with regard to China.In a speech via video link at the World Economic Forum in Davos, Trump pushed for lower interest rates and said he would cut taxes for …
British fashion house Burberry announced Friday a further decline in sales, hit by weak demand in China, but the troubled group is showing signs of recovery under new leadership. Revenue dropped seven percent to £659 million ($871 million) in the company’s third quarter, covering the three months to late December, from the period a year earlier, …
Troubled Burberry shows sign of recovery despite sales drop Read More »
Markets rose Friday after a record day on Wall Street in response to Donald Trump’s tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan.In a much-anticipated speech via video link at the Davos World Forum in Switzerland, Trump pushed for lower interest rates and said he …
Stock markets build on Trump rally, yen climbs after BoJ cut Read More »
The Bank of Japan increased interest rates on Friday to their highest in 17 years and signalled more hikes to come, sending the yen higher against the dollar.The well-flagged 25-basis-point rise to 0.5 percent comes as data indicates the Japanese economy is developing in line with BoJ expectations and follows another bumper inflation reading.The move, …
Bank of Japan hikes interest rate to 17-year high, boosts yen Read More »
Asian markets rose Friday after a record day on Wall Street in response to Donald Trump’s tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan.In a much-anticipated speech via video link at the Davos World Forum in Switzerland, Trump pushed for lower interest rates and said …
Asian markets build on Trump rally, yen climbs after BoJ cut Read More »
The Bank of Japan hiked interest rates on Friday to their highest level in 17 years and signalled more were in the pipeline despite fears of turmoil under US President Donald Trump.The well-flagged 25-basis-point increase to 0.5 percent comes as economic data indicates the world’s fourth-biggest economy was developing in line with the policymakers’ expectations …
Bank of Japan hikes interest rate to 17-year high, signals more Read More »
