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Asian shares got the week off to a cautious start on Monday, with Chinese markets holding steady, as a spike in coronavirus cases across the region over the weekend hurt investor sentiment while oil hovered...
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Asian markets tumbled Monday on growing expectations the US Federal Reserve will begin lifting interest rates as early as next year as it looks to prevent the economic recovery from overheating.
In a bid to soothe...
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Asian shares inched higher on Friday but were set for a weekly loss, while the US dollar hovered near two-month highs as investors continued to digest comments from the US Federal Reserve projecting interest rate...
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Asian shares rose early on Tuesday, tracking Wall Street higher, though investors looked to a much-anticipated Federal Reserve policy meeting to see if the central bank would signal any change to the U.S. monetary policy...
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Semiconductor manufacturer GlobalFoundries on Monday sued International Business Machines Corp, asking a judge to rule that it did not violate a contract with the US company which claims it is owed $2.5 billion in damages.
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Equity markets mostly moved higher while the dollar fell on Friday after tepid job US growth numbers assuaged fears of a rapid reduction in stimulus measures and a hike in interest rates.
Wary traders...
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Asian stocks followed Wall Street lower on Friday as signs of a strengthening U.S. recovery boosted bets for higher inflation and an earlier tapering of Federal Reserve stimulus.
U.S. Treasury yields jumped, lifting the dollar and...
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Finance ministers from the group of seven rich nations (G7) will vow this week to support their economies as they emerge from the pandemic and reach an “ambitious” deal on a minimum global corporate tax...
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Physical gold demand in second-biggest bullion consumer India was negligible this week with most jewellery stores still shut by COVID-19 lockdowns, forcing dealers to offer steep discounts.
“Lockdowns are badly hitting the industry. Jewellers have stopped...
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Bargain-buying helped most Asian markets recover some of this week’s steep losses, with investors tracking a rally on Wall Street and taking heart from a forecast-beating jobless claims report, though inflation fears continue to cast...
