Financial News

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Asian stock markets react to rising oil prices and U.S. inflation concerns

Asian stock markets react to rising oil prices and U.S. inflation concerns

  Asian stock markets presented a mixed picture on Monday, reacting to a combination of factors including rising oil prices,…
Beijing Hyundai cuts asking price on China facility by 30%

Beijing Hyundai cuts asking price on China facility by 30%

Beijing Hyundai cuts asking price on China facility by 30% After putting the plant up for sale in August, Beijing…
US Treasury Market Under Pressure, Bank of America Securities Issues Warning

US Treasury Market Under Pressure, Bank of America Securities Issues Warning

  Bank of America Securities issued a stern warning on Monday about the escalating situation in the U.S. Treasury market.…
Low weekly jobless claims, shrinking trade deficit boost US economic picture

Low weekly jobless claims, shrinking trade deficit boost US economic picture

FILE PHOTO: A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York,…
U.S. 10-year yields leap as bond market anticipates end of rate hikes

U.S. 10-year yields leap as bond market anticipates end of rate hikes

  In a significant development this Thursday, the long-end of the bond market is seemingly concluding its final round of…
Canada’s Ivey PMI shows activity expanding at slower pace in September

Canada’s Ivey PMI shows activity expanding at slower pace in September

FILE PHOTO: A person pushes a shopping cart through the produce section of a grocery store in Toronto, Ontario, Canada…
Canada posts surprise August trade surplus, rebounding after port closures

Canada posts surprise August trade surplus, rebounding after port closures

FILE PHOTO: A float plane flies past containers and cranes at the Port of Vancouver, British Columbia, Canada, July 30,…
US trade deficit narrows to nearly three-year low in August

US trade deficit narrows to nearly three-year low in August

FILE PHOTO: Shipping containers, including one labelled “China Shipping” and another “Italia”, are stacked at the Paul W. Conley Container…
IMF and World Bank return to Africa for annual meeting amid economic challenges

IMF and World Bank return to Africa for annual meeting amid economic challenges

The annual meeting of the International Monetary Fund (IMF) and the World Bank is currently taking place in Marrakesh, Morocco,…
Central banks anticipate rate cuts in 2024 amid controlled inflation

Central banks anticipate rate cuts in 2024 amid controlled inflation

© Shutterstock   The Federal Reserve (Fed), European Central Bank (ECB), Bank of England (BoE), Bank of Japan (BoJ), National…
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