Dollar Climbs, Sterling Dips Ahead of BOE Meeting Today by Mark Eisenberg 20.06.2024 **Summary**: "USD gains strength post-holiday; GBP dips ahead of BOE meeting. Euro declines with EU political jitters; CHF and JPY ...
Xi Directs China Central Bank on Treasury Bonds Amid Economic Concerns by Terry Bingman 28.03.2024 China's central bank, the PBOC, has not started buying treasury bonds in open market operations, despite instructions from President Xi ...
Gulf Starbucks operator to lay off 2,000 amid Gaza boycotts by Mark Eisenberg 06.03.2024 Kuwait's AlShaya Group plans to lay off over 2,000 workers, about 4% of its workforce, due to boycotts of Starbucks ...
Gold Prices Rebound Amid Rate Hike Fears: What’s Next? by Terry Bingman 19.02.2024 Gold prices in Asia rebounded from one-month lows but remain rangebound due to concerns over higher US interest rates. Copper ...
China Consumer Spending Surges, Boosting Market Optimism by Terry Bingman 19.02.2024 China's domestic share markets rose after Lunar New Year holiday as consumer spending rebounded, indicating signs of economic recovery. However, ...
Asian Markets Tumble on Unexpected U.S. Inflation Fears by Terry Bingman 14.02.2024 Asian stocks saw a broad decline amid US inflation concerns, with Japan's Nikkei retreating from peak levels and technology and ...
Global Markets Decline on Rising Bond Yields by Terry Bingman 18.08.2023 Asian shares slip as bond yields rise, sparking concerns about high interest rates. Japan's inflation data shows higher consumer prices. ...