[ad_1] Hong Kong stocks opened in the red on Friday, with the benchmark Hang Seng losing over 1% in opening trade, as market focus shifted to increasing COVID-19 cases in China,…
[ad_1] The Federal Reserve is set to release its FOMC minutes on Wednesday which could give some indication about future rate hike paths. However, as America moves closer to Christmas,…
[ad_1] Hong Kong stocks opened in the green on Wednesday, with the benchmark Hang Seng trading marginally higher ahead of the release of the FOMC minutes due later today. On…
[ad_1] Major Wall Street indices closed over 1% higher on Tuesday after investor focus shifted toward upbeat earnings reports and the possibility of the U.S. Federal Reserve going easy on rate hikes…
[ad_1] Former Treasury Secretary Lawrence H. Summers has said the markets are uncertain about what the U.S. Federal Reserve will do in the current economic environment which is witnessing a…
[ad_1] Prominent market commentator Jim Cramer said on Monday that stocks in the benchmark S&P 500 are likely to rally next month. “The charts, as interpreted by the legendary Larry Williams,…
[ad_1] U.S. markets closed on a weaker note at the beginning of a short week that will see a Thanksgiving holiday. Major indices closed in the red over concerns surrounding…
[ad_1] The U.S. dollar commenced the week on a strong note, with the dollar index rising 0.53% to 107.49, boosted by defensive buying as investors weighed in on a spike in…
[ad_1] U.S. markets closed higher on Friday, although the momentum in the rally after soft consumer price inflation data seems to have paused. Investors and traders are now also considering the…
[ad_1] Robert A. Iger is returning to lead The Walt Disney Company DIS as Chief Executive Officer, effective immediately, the company said in a statement. Iger, who spent more than…
[ad_1] Former Treasury Secretary Lawrence H. Summers believes the U.S. Federal Reserve is on the right path in its fight against inflation. What Happened: Summers, in an interaction with Bloomberg TV, said if the central bank…
[ad_1] The best Black Friday deals from Amazon are still coming hard and fast because the holiday is not yet upon us and the mega-retailer prefers to keep consumers on…
[ad_1] Hong Kong markets opened higher on Friday, with the benchmark Hang Seng gaining close to 1% in morning trade, mostly led by tech stocks as China issued gaming licenses…
[ad_1] Major Wall Street indices closed in the red and bond yields rose on Thursday as investors and traders digested comments from a Federal Reserve official in the context of…
[ad_1] Singapore’s Senior Minister Tharman Shanmugaratnam said on Tuesday that recession is the “price we pay” for misreading inflationary pressures and the ongoing spell of weakness in the global economy was due to…
[ad_1] Hong Kong stocks traded mixed on Tuesday morning, with the benchmark Hang Seng Index trading 1.87% higher, while some electric-vehicle stocks took a hit. Different voices from the U.S. central…
[ad_1] The International Monetary Fund believes that despite growing evidence of a global slowdown, policymakers should continue to prioritize containing inflation, which is contributing to a cost-of-living crisis, hurting low-income…
[ad_1] Prominent economist Nouriel Roubini, known as “Dr. Doom” for his precise prediction of the 2008 financial crisis, has sounded an alarm again about how inflation hurts both stocks and bonds, and…
[ad_1] Federal Reserve Governor Christopher Waller is convinced the U.S. central bank is on the right path because its rate increases, so far, have not “broken anything.” “For all the talk of crashing the economy…
[ad_1] U.S. markets witnessed their best week since June as the Nasdaq closed 1.9% higher on Friday after consumer price inflation cooled in October. Tech stocks shrugged off the fall…
[ad_1] The Dow Jones Industrial Average rose over 1,200 points on Thursday in its biggest one-day rally in over two years after a softer inflation report gave optimism to investors and…
[ad_1] Nobel laureate and noted economist Paul Krugman has expressed optimism over the latest inflation report, saying that a soft landing looks increasingly plausible. “A good inflation report — core inflation for October…
[ad_1] Major Wall Street indices closed nearly 2% lower on Wednesday after the day was marred by uncertainties including the outcome of the mid-term elections and a sell-off in the…
[ad_1] The best Black Friday deals from Amazon are still coming hard and fast because the holiday is not yet upon us and the mega-retailer prefers to keep consumers on…
[ad_1] As shares of Tesla Inc TSLA declined for the fourth consecutive session on Wednesday, Cathie Wood-led ARK Investment Management bought over 39,000 shares of the EV maker at an estimated valuation of over $7 million. The…