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

Latest From Isla Binnie and Sruthi Shankar

Asia|Business|Finance|Stock Markets

Wall Street dips after rate cut rally, dollar firms

Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the dollar firmed as

Wall Street dips after rate cut rally, dollar firms
Asia|Business|Finance|Stock Markets

Wall Street ends higher, gold hits record ahead of rate cuts

Wall Street eked out gains and gold surged to a record high on Thursday as investors awaited a Federal Reserve interest rate cut next week.

Wall Street ends higher, gold hits record ahead of rate cuts
Business|Economy|Finance

Global stock index, Treasury yields fall after mixed US jobs report

MSCI's global equities gauge fell more than 1% on Friday and U.S.

Global stock index, Treasury yields fall after mixed US jobs report
Australia|Business|Economy

Australia economy stuck in slow lane, household spending drags

Australia's economy stayed stuck in the slow lane in the June quarter as stiff borrowing costs and stubborn inflation squeezed consumers, leaving government spending

Australia economy stuck in slow lane, household spending drags
Business|Economy|Finance

Australian retail sales lose steam as tax cuts fail to excite shoppers

Australian retail sales were flat in July after two months of upbeat results, showing large-scale tax cuts were yet to boost spending and firming expectations the next

Australian retail sales lose steam as tax cuts fail to excite shoppers
Americas|Asia|Business|Finance|Stock Markets|Technology

Stocks ease past Nvidia blues, crude oil rebounds

Global shares edged higher on Thursday, shrugging off investor disappointment at artificial intelligence powerhouse Nvidia's results, while oil prices rebounded

Stocks ease past Nvidia blues, crude oil rebounds
Asia|Business|Economy|Finance

Stocks surge while Treasury yields, dollars retreat after Fed signals lower rates

Wall Street and global shares jumped on Friday toward all-time highs, while Treasury yields slumped and the dollar languished, after a speech by U.S.

Stocks surge while Treasury yields, dollars retreat after Fed signals lower rates
Asia|Business|Finance

Stocks extend gains after sell-off amid positive data, Fed's rate signals

The closely watched global equities index advanced on Friday, ending a volatile week unchanged after starting it with a massive sell-off, while

Stocks extend gains after sell-off amid positive data, Fed's rate signals
Asia|Economy|Stock Markets|Technology

Stocks sell off as US data sparks worry, yields plunge

Global equities dropped on Thursday, with Wall Street's major indexes selling off as U.S. data sparked economic worries and financial

Stocks sell off as US data sparks worry, yields plunge
Economy|News|World

Stocks rise, dollar flat on solid data and rate cut prospects

World stock indexes mostly rose and the U.S. dollar gained against the yen on Tuesday after solid U.S. retail sales data was taken as

Stocks rise, dollar flat on solid data and rate cut prospects
Business|Economy

Global equities edge down, bond yields up with Fed in focus

MSCI's global equities index bumped around in a narrow range while edging lower on Tuesday while U.S. Treasury yields rose after U.S.

Global equities edge down, bond yields up with Fed in focus
Business|Economy

Stocks gain with Nvidia, dollar inches up vs yen

Global stock indexes mostly climbed on Tuesday, with shares of AI chipmaker Nvidia bouncing after a three-day sell-off, while the dollar gained slightly

Stocks gain with Nvidia, dollar inches up vs yen
Business|Economy|Technology

Stocks dip but up for the week, US dollar climbs

A gauge of global stocks declined for a second straight session on Friday, weighed down by weakness in technology shares, while the dollar hit

Stocks dip but up for the week, US dollar climbs
Business

Asia stocks shaky ahead of Fed, yen hits 4-month low

Asian shares were hesitant on Wednesday on concerns the Federal Reserve could signal a slower path of rate cuts this year, while the yen plumbed a fresh four-month low

Asia stocks shaky ahead of Fed, yen hits 4-month low
Business

Asian shares rally on US rate relief, yen jumps on BOJ chatter

Asian shares rallied in relief on Thursday while the dollar nursed losses after the world's most powerful central banker reassured investors that U.S. rates would fall

Asian shares rally on US rate relief, yen jumps on BOJ chatter
Business

BYD spearheads Chinese electric car push in Australia, a friendlier market

BYD and other Chinese automakers are bringing new electric car models in droves to Australia, a market where they haven't faced trade barriers and sales have surged

BYD spearheads Chinese electric car push in Australia, a friendlier market
Business

Nikkei hits record high on Wall Street bounce, other Asian markets subdued

Japan's Nikkei hit a fresh record high on Friday, buoyed by the bounce on Wall Street as a key U.S. inflation reading was in line with expectations, while markets

Nikkei hits record high on Wall Street bounce, other Asian markets subdued
Business

Stocks bask in tech euphoria, Nvidia boom

Asia stocks rose on Friday and put global markets on course for a week of heady gains as AI darling Nvidia's stunning results sparked a wave of record highs from Asia

Stocks bask in tech euphoria, Nvidia boom
Business

Nikkei charges toward all-time high, dollar under pressure

Japan's Nikkei charged toward an all-time high on Friday, helped higher by a buoyant Wall Street after a big fall in U.S. retail sales revived the chance of a June

Nikkei charges toward all-time high, dollar under pressure
Business

Asian shares track Wall Street higher; China deflation risks persist

Most Asian markets tracked Wall Street higher on Thursday, but Chinese stocks were battling to sustain a rally after data raised concerns about deflationary pressures

Asian shares track Wall Street higher; China deflation risks persist
Business

Asian shares buoyed by US tech bounce, payrolls in focus

Asian shares were buoyed by a late bounce in U.S. tech on Friday as results from Meta and Amazon beat expectations, while investors are bracing for U.S. jobs figures,

Asian shares buoyed by US tech bounce, payrolls in focus
Economy

Japan shares hit 34-yr highs as BOJ stands pat, China struggles

Japanese shares surged to fresh 34-year highs as the Bank of Japan stood pat on ultra-loose monetary policy, while Chinese stocks struggled as speculation of a huge

Japan shares hit 34-yr highs as BOJ stands pat, China struggles
Business

Asian shares bounce on global tech rally, yen loser of the week

Asian shares bounced on Friday, buoyed by a rally in regional chipmakers, while the yen was set to end the week with heavy losses as investors pared back bets the Bank

Asian shares bounce on global tech rally, yen loser of the week
Economy

Asian shares cautious as oil jumps on US strikes in Yemen

Asian shares were cautious on Friday as the escalating conflict in the Red Sea region sent oil prices surging, while slightly higher-than-expected U.S. inflation data

Asian shares cautious as oil jumps on US strikes in Yemen
Economy

Asian shares hit three-month peak as Fed pivot rally rolls on

Asian shares hit a three-month peak on Friday as sharp declines in the dollar and U.S. yields extended the Fed-fuelled rally, but pushback on rate cuts from central

Asian shares hit three-month peak as Fed pivot rally rolls on

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