Today: September 21, 2024
Today: September 21, 2024

Latest From Gertrude Chavez-Dreyfuss and Chibuike Oguh

Economy|Finance

US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut

The U.S. dollar fell on Friday to its

September 13, 2024
US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut
Americas|Asia|Election|Finance|News|Stock Markets

US stocks bounce back, Treasury yields steady after CPI, debate

Wall Street reversed an earlier sell-off to close higher on Wednesday, and Brent crude prices rebounded from 3-1/2 year lows as a key inflation report cemented

September 10, 2024
US stocks bounce back, Treasury yields steady after CPI, debate
Business|Economy|Finance

US dollar falls as markets brace for presidential debate, inflation

The dollar slid against some major currencies on Tuesday, consolidating Monday's gains ahead of key inflation data and a highly anticipated U.S.

September 10, 2024
US dollar falls as markets brace for presidential debate, inflation
Asia|Finance

Global equity index slips ahead of US jobs data; oil steadies

MSCI's global equities index edged down on Thursday as investors digested mixed economic data while they anxiously waited for Friday's crucial

September 05, 2024
Global equity index slips ahead of US jobs data; oil steadies
Business|Finance|Stock Markets

Malaysia stock exchange wants to ease institutions' hold on stocks

Malaysia's stock exchange is looking to loosen the grip of large domestic investors on the market to encourage more trading and attract foreign investors to the

September 04, 2024
Economy|Finance

Dollar rises as traders eye data-heavy week; yen strengthens

The dollar rose to a two-week high against the euro on Tuesday as traders braced for a data-heavy week, including Friday's U.S. payrolls

September 03, 2024
Dollar rises as traders eye data-heavy week; yen strengthens
Asia|Business|Economy|Finance|Stock Markets|Technology

Shares climb, oil slips amid Mideast risks and looming Nvidia earnings

A gauge of global shares climbed in choppy trading while oil prices slipped on Tuesday as investors weighed geopolitical risks as well as

August 27, 2024
Shares climb, oil slips amid Mideast risks and looming Nvidia earnings
Finance

Dollar falls after Powell greenlights September easing

The dollar fell and sterling rose to its highest in more than two years on Friday after Federal Reserve Chair Jerome Powell gave an unambiguous signal that the

August 23, 2024
Dollar falls after Powell greenlights September easing
Business|Economy|Finance

Malaysia shines as foreign investors return, peers stumble

Malaysia is fast becoming a haven in Southeast Asia and foreign investors are returning to a long-overlooked market as a confluence of improving growth, stable

August 22, 2024
Malaysia shines as foreign investors return, peers stumble
Economy|Finance

Dollar hits 7-month low before Powell, Swedish crown volatile after rate cut

The dollar hit a fresh seven-month low on Tuesday with traders bracing for comments from Federal Reserve Chair Jerome Powell due on Friday, which could provide clues about the speed of the

August 20, 2024
Dollar hits 7-month low before Powell, Swedish crown volatile after rate cut
Economy|Finance|Stock Markets

Dollar gains after US jobless claims fall more than expected

The dollar rose on Thursday after new U.S. labor market data showed that unemployment benefits fell more than expected last week, easing fears of an imminent

August 08, 2024
Dollar gains after US jobless claims fall more than expected
Finance|News

Yen tumbles as BOJ downplays chance of hikes, calming markets

The yen dropped on Wednesday after an influential Bank of Japan official played down the chances of a near-term rate hike, soothing investors' concerns that a

August 07, 2024
Yen tumbles as BOJ downplays chance of hikes, calming markets
Economy|Finance

Dollar recovers ground, steadies against yen as market frenzy eases

The dollar recovered ground against most major peers on Tuesday and the Japanese yen steadied around seven-month highs against the U.S.

August 06, 2024
Dollar recovers ground, steadies against yen as market frenzy eases
Economy|Finance

Dollar gains on geopolitical tensions, pound slips after rate cut

The dollar gained on Thursday as rising geopolitical tensions drove a safe-haven boost, while the British pound fell after the Bank of England cut interest rates

August 01, 2024
Dollar gains on geopolitical tensions, pound slips after rate cut
Asia|Stock Markets|Technology

Stocks rise; yields, dollar lower as Fed signals rate cut

MSCI'S global equities index registered its biggest daily gain in over five months on Wednesday and the dollar slightly pared losses after the U.S.

July 31, 2024
Stocks rise; yields, dollar lower as Fed signals rate cut
Economy|Finance

Dollar treads water after tame US inflation report, yen rally stalls

The dollar ended little changed on Friday, pressured by a fall in Treasury yields after a tame U.S. inflation report that investors said kept the runway for the

July 26, 2024
Dollar treads water after tame US inflation report, yen rally stalls
Asia|Economy|Finance|Stock Markets|Technology

Stocks dragged down by megacap tech, oil edges higher

Stocks sagged worldwide on Wednesday as earnings from Tesla and European luxury brands disappointed, while oil prices edged higher after

July 24, 2024
Stocks dragged down by megacap tech, oil edges higher
Economy|Finance

Dollar climbs for the week, cyber outage unsettles investors

The dollar climbed on Friday and was set to snap a two-week streak of declines as a worldwide cyber outage that affected banks, airlines and broadcasters

July 19, 2024
Dollar climbs for the week, cyber outage unsettles investors
Business|Economy|News

Stocks ease as tech sell-off spreads, data boosts dollar

World stock indexes fell on Thursday as a selling mood around high-priced technology stocks crept into the rest of the market, while the dollar index gained after

July 18, 2024
Stocks ease as tech sell-off spreads, data boosts dollar
Economy

Dollar rises on retail sales boost

The dollar rose on Tuesday, on track for a second straight daily gain, after a reading of retail sales proved to be firmer than expected, but was still soft

July 16, 2024
Dollar rises on retail sales boost
Economy

Yen hits four-week high, intervention questions circulate

The yen hit an almost four-week high against the U.S. dollar on Friday, raising speculation that Japanese authorities may have intervened

July 11, 2024
Yen hits four-week high, intervention questions circulate
Economy|News

World shares rise, US dollar weakens on soft labor market data

World equities rose while the U.S. dollar fell on Wednesday following soft labor market data that buoyed investor expectations of Federal Reserve interest rate

July 03, 2024
World shares rise, US dollar weakens on soft labor market data
Business|Economy

World stocks, US yields gain after French election results

Global stocks edged higher in choppy trading on Monday, while U.S.

July 01, 2024
World stocks, US yields gain after French election results
Economy|News

Dollar hits 38-year high vs yen; US stocks rise

The U.S. dollar on Wednesday hit its highest level against the Japanese yen in nearly 38 years, and investor speculation was high that authorities in Japan

June 26, 2024
Dollar hits 38-year high vs yen; US stocks rise
Economy

US dollar dips from 8-week high vs yen as intervention fears intensify

The U.S. dollar slipped from an eight-week high against the yen on Monday, with traders back on alert for government intervention to

July 03, 2024
US dollar dips from 8-week high vs yen as intervention fears intensify

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