Stocks and dollar gain as Fed charts ‘soft landing’ path
By Tom Westbrook SINGAPORE (Reuters) – The dollar bounced, long-dated bond yields were up and Asian stocks mostly rose after the U.S. Federal Reserve began its easing cycle with a…
China aircraft lessor orders 50 737 MAX jets, in boost to Boeing
(Reuters) -China Development Bank Financial Leasing said its aircraft leasing unit would order 50 Boeing (NYSE:BA) 737 MAX 8 jets, in a boost to the planemaker that has been grappling…
Stocks and dollar gain as Fed charts ‘soft landing’ path
By Tom Westbrook SINGAPORE (Reuters) – The dollar bounced, long-dated bond yields were up and Asian stocks mostly rose after the U.S. Federal Reserve began its easing cycle with a…
Iran tried to influence election by sending stolen material from Trump campaign to Biden’s camp, FBI says
In an effort to ‘sow discord and shape the outcome of U.S. elections’, Iranian cyber actors sent messages during the summer to people involved in President Biden’s then re-election campaign…
Johnson’s plan to avoid government shutdown goes down in flames as Republicans rebel
House Speaker Mike Johnson’s plan to avert a partial government shutdown failed on Wednesday. It was voted down 202 to 220, with two Republicans – Reps. Marjorie Taylor Greene, R-Ga.,…
China says will negotiate ‘until the last minute’ on EU EV probe
HONG KONG (Reuters) – Chinese Commerce Minister Wang Wentao said in Brussels on Wednesday that China will continue to negotiate “until the last minute” on the European Union’s electric vehicle…
Dollar rebounds after Fed goes big on rate cut
By Rae Wee SINGAPORE (Reuters) – The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve’s outsized interest rate cut…
New Zealand economy contracts in second quarter, leaving room for rate cuts
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s economy contracted in the second quarter as activity fell in a number of major industries, keeping the central bank on track for…
Citi sees Fed cutting rates by 50 bps in November
Investing.com– Citi analysts said they maintained their outlook for a 50 basis point cut by the Federal Reserve in November, after the central bank cut rates by a similar margin…
Bank of England set to hold rates with bond sales in spotlight
By Andy Bruce (Reuters) – The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, putting the…