Column-Asian FX at crossroads as yen, yuan diverge: McGeever
Japanese and Chinese monetary policy is diverging, meaning other Asian currencies may now also be at a crossroads.
July 31, 2024Japanese and Chinese monetary policy is diverging, meaning other Asian currencies may now also be at a crossroads.
July 31, 2024Ares Management said on Wednesday it has closed its latest direct lending fund with a capital base of $34 billion, making it the largest in the investment manager's history.
July 31, 2024Garmin beat quarterly revenue estimates and raised its annual forecast on Wednesday, helped by strength in fitness and auto segments, but mixed results in outdoor and aviation units sent
July 31, 2024Pay and benefits for America’s workers grew more slowly in the April-June quarter than in the first three months of the year, a trend that could keep price pressures in check and encourage the inflation-fighters at the Federal Reserve
July 31, 2024Mastercard beat second-quarter profit expectations on Wednesday and said spending was holding up, reassuring investors worried about customers' financial health after a
July 31, 2024Pinterest shares tumbled nearly 10% on Wednesday after a muted third-quarter outlook dashed expectations for a stabilization in its revenues, as heightened
July 31, 2024British finance minister Rachel Reeves plans to raise taxes when she presents her budget in three months' time, but her options are limited by her promise not to increase
July 31, 2024Bunge Global missed Wall Street expectations for second-quarter profit on Wednesday, sending its shares down 8% as the world's largest oilseed
July 31, 2024Altria missed expectations for quarterly revenue and profit on Wednesday, as the tobacco giant contends with persistent weakness in demand for its cigarette brands.
July 31, 2024Delta Air Lines will take a $500 million hit related to the CrowdStrike outage, the carrier's CEO Ed Bastian said in a CNBC interview on Wednesday.
July 31, 2024India's fiscal deficit for the first quarter of the financial year that started in April was 1.36 trillion rupees ($16.25 billion), or 8.1% of the estimate for the whole year,
July 31, 2024Private equity group KKR & Co said on Wednesday its second-quarter adjusted net income jumped 49% year-on-year, driven by an increase in management, transaction and
July 31, 2024T-Mobile US raised its full-year forecast for monthly bill-paying phone subscriber additions, after seeing more customers than expected in the second quarter on
July 31, 2024Japanese authorities spent 5.53 trillion yen ($36.8 billion)intervening in the foreign exchange market this month to pull the yen off 38-year lows, official data
July 31, 2024Key takeaways from the latest Fed meeting
July 31, 2024As PayPal embarks on an ambitious turnaround strategy to revitalize growth after a post-pandemic slump, Wall Street analysts expressed some caution over
July 31, 2024Humana said on Wednesday that demand for medical care was higher than it had anticipated in the second quarter, dampening investor hopes that elevated costs in the Medicare
July 31, 2024The S&P 500 and Nasdaq scored their biggest daily percentage gains since Feb. 22 and the Dow rose on Wednesday as chip stocks rallied and the Federal Reserve kept
July 31, 2024Federal Reserve Chair Jerome Powell has set the stage for the central bank’s first rate cut in four years
July 30, 2024Shares in ASML, the largest maker of equipment used to manufacture computer chips, jumped on Wednesday following a Reuters report that signalled it may be spared
July 31, 2024Higher debt payments and the possibility of a U.S. recession over the next 10 years could boost U.S. debt levels beyond recent forecasts and weigh on economic
July 31, 2024Benign inflation data and a cooling job market aside, U.S. credit conditions featuring tepid loan demand and stiff terms may also be bolstering confidence among Federal
July 31, 2024A look at the day ahead in U.S. and global markets from Mike Dolan By any standards of an already busy year, markets are digesting an awful lot of information in a very short space of time - with a
July 31, 2024By Seher Dareen -Industrial materials maker DuPont de Nemours raised its full-year forecasts on Wednesday, benefiting from strong demand for its products used in making electronics and semiconductors
July 31, 2024When former U.S. president Donald Trump promised a bitcoin conference on Saturday that if reelected he would fire Securities and Exchange Commission Chair Gary Gensler, a
July 31, 2024