Today: September 22, 2024
Today: September 22, 2024

Finance

Business|Economy|Finance

Indonesia central bank keeps rates steady, focuses on stabilizing the rupiah

Indonesia's central bank on Wednesday held interest rates steady, as expected, preferring to focus on stabilizing the rupiah before possibly

Indonesia central bank keeps rates steady, focuses on stabilizing the  rupiah
Business|Economy|Finance

London's FTSE 100 inches up ahead of Fed meeting minutes

London's FTSE 100 ended slightly higher on Wednesday, as traders remained cautious ahead of release of the Federal Reserve's July meeting minutes and

London's FTSE 100 inches up ahead of Fed meeting minutes
Business|Economy|Europe|Finance

Auto leads European shares higher, Fed minutes in focus

European shares edged up on Wednesday, led by automobile stocks, while investors awaited the minutes of the U.S.

Auto leads European shares higher, Fed minutes in focus
Economy|Finance

Thai central bank holds key rate as it waits for stimulus clarity

Thailand's central bank left its key interest rate unchanged for a fifth straight meeting on Wednesday, saying the current level was

Thai central bank holds key rate as it waits for stimulus clarity
Asia|Finance

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts

U.S. stocks ticked higher after more big companies delivered profit reports that topped analysts’ expectations

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts
Business|Economy|Finance

Rupee ends lower, logs worst single-day fall in nearly two months

The Indian rupee dropped on Wednesday to log its worst single-day performance in nearly two months as dollar demand from importers and foreign banks wiped off

Rupee ends lower, logs worst single-day fall in nearly two months
Business|Economy|Finance|Technology

Swiss launch instant payments to catch up with Europe

Swiss companies and consumers are now able to make instant electronic payments, catching up with other European financial centres where the ultra-fast transfers are

Swiss launch instant payments to catch up with Europe
Americas|Business|Election|Finance

As Democrats gather, investors gauge market impact from a Harris administration

Investors are grappling with the market implications of a possible Kamala Harris presidential administration, which could pressure corporate profits through

As Democrats gather, investors gauge market impact from a Harris administration
Asia|Business|Economy|Finance

Hong Kong bourse logs first profit rise in three quarters, IPOs pick up

Hong Kong's bourse has booked its first profit increase in three quarters, marking record revenue and income for an April-June period as new listings and trading

Hong Kong bourse logs first profit rise in three quarters, IPOs pick up
Europe|Finance|Stock Markets

Jobs in focus after the rebound

A look at the day ahead in European and global markets from Tom Westbrook Markets' sparkling recovery from early August's sell-off has hit an air pocket, with Asian shares down on Wednesday and

Jobs in focus after the rebound
Economy|Finance|News

BOJ to raise rates again by end-year, say 57% of economists - Reuters poll

The Bank of Japan will raise interest rates again by year-end, according to more than half the economists in a Reuters poll published on Wednesday, with those who

BOJ to raise rates again by end-year, say 57% of economists - Reuters poll
Economy|Finance

Thai economy is nearly in crisis, caretaker finance minister says

Thailand's economy is nearly in crisis due to declining exports and uncompetitive manufacturing, the country's caretaker finance minister said on Wednesday.

Thai economy is nearly in crisis, caretaker finance minister says
Asia|Business|Economy|Finance

Wall Street muted as investors look to Fed to confirm rate cuts

Global shares idled on Wednesday after a lengthy rebound propelled them towards recent record highs, and as investors awaited confirmation that the U.S.

Wall Street muted as investors look to Fed to confirm rate cuts
Asia|Australia|Business|Finance|Food|Stock Markets

Domino's Australia franchise slumps 7% as high costs take larger slice of profit

Shares in Australia-based Domino's Pizza Enterprises Ltd slumped more than 7% on Wednesday, after the franchise operator flagged a weak start to fiscal 2025, as rising costs and frugal

Domino's Australia franchise slumps 7% as high costs take larger slice of profit
Australia|Business|Economy|Finance|News

Australia's central bank faces crunch time in resistance to rate cuts

Australia's central bank is set to come under intense pressure to ease policy in coming weeks as government giveaways to alleviate the cost of living pull consumer

Australia's central bank faces crunch time in resistance to rate cuts
Economy|Finance

Dollar drops as jobs revised lower, some Fed officials wanted July cut

The dollar fell to a more than one-year low against the euro and sterling on Wednesday after data showed employers added 818,000 fewer jobs in the year to March than

Dollar drops as jobs revised lower, some Fed officials wanted July cut
Asia|Business|Finance|Stock Markets

Japan's Nikkei seen hitting all-time high by end-2025 - Reuters poll

Japan's Nikkei 225 share average will extend its recovery from the worst sell-off in 37 years during the rest of 2024 before pushing to an all-time high by the end

Japan's Nikkei seen hitting all-time high by end-2025 - Reuters poll
Finance|News

Conservative billionaire Timothy Mellon gives another $50 million to pro-Trump super PAC

Conservative billionaire Timothy Mellon, an heir of the Pittsburgh-based Mellon banking family, gave another $50 million last month to a super PAC supporting Republican Donald

Conservative billionaire Timothy Mellon gives another $50 million to pro-Trump super PAC
Business|Economy|Finance|Technology

FTC's bid to ban noncompete agreements rejected by federal judge in Texas

A federal judge in Texas has blocked a new rule from the Federal Trade Commission that would have made it easier for employees to quit a job and work for a competitor

FTC's bid to ban noncompete agreements rejected by federal judge in Texas
Business|Finance|Stock Markets

Walmart unwinds JD.com investment, to focus on own China ops

Walmart sold its entire roughly $3.7 billion stake in JD.com, ending an eight-year investment in the Chinese e-commerce firm that was yielding waning

Walmart unwinds JD.com investment, to focus on own China ops
Business|Economy|Finance

UK employer pay awards soften in three months to July, Brightmine survey shows

Pay awards granted by British employers fell during the three months to July, according to a survey on Wednesday that chimed with Bank of England forecasts for slowing wage growth.

UK employer pay awards soften in three months to July, Brightmine survey shows
Business|Economy|Finance

Schoolteacher and thousands of others unable to access funds following fintech collapse

Schoolteacher and thousands of others unable to access funds following fintech collapse

Schoolteacher and thousands of others unable to access funds following fintech collapse
Americas|Business|Economy|Finance

Brazil Senate OKs bill regulating payroll tax waivers

The Brazilian Senate approved a bill on Tuesday containing measures to offset the effects of a payroll tax exemption, in a key step to solve a months-long struggle between Congress

Brazil Senate OKs bill regulating payroll tax waivers
Asia|Business|Economy|Finance

Two rate calls on deck as markets consolidate

A look at the day ahead in Asian markets.

Two rate calls on deck as markets consolidate
Business|Finance

Coty misses revenue estimates on cautious retail orders, Lacoste license sale

CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from

Coty misses revenue estimates on cautious retail orders, Lacoste license sale

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