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Asia-Pacific markets set for mixed open; Hong Kong’s Hang Seng poised to rise 4%

September 24, 2024 by admin

Investors in Asia will look toward Australia’s inflation rate for August, which is expected to ease to 2.7% from 3.5%.

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Trump threatens ‘200% tariff’ if John Deere moves production to Mexico

September 23, 2024 by admin

Former President Donald Trump, the Republican nominee, has made tariffs a key element of his campaign’s economic policy.

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Middle Eastern funds are plowing billions of dollars into hottest AI start-ups

September 22, 2024 by admin

Oil-rich nations are turning from oil to artificial intelligence to diversify their economies.

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Qualcomm recently approached Intel about a possible takeover

September 20, 2024 by admin

If Qualcomm were to acquire Intel, it would be one of the largest technology deals on record, but would first invite hefty regulatory scrutiny.

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Why EU tariffs are unlikely to dent Chinese EV makers’ European expansion

September 20, 2024 by admin

To make the European market unattractive for Chinese EV exports, tariffs have to be as high as 50%, according to research group Rhodium.

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Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill

September 19, 2024 by admin

Nike CEO John Donahoe will retire from the company in October. He will be replaced by company veteran Elliott Hill.

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Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

September 18, 2024 by admin

The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.

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The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect

September 17, 2024 by admin

While markets have made up their mind that the Fed is going to cut, there’s a vigorous debate over how far policymakers will go.

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The Bank of Japan’s next rate hike may come in December, not this week: CNBC survey

September 16, 2024 by admin

CNBC surveyed economists, FX strategists and Japan-focused fund managers on their BOJ expectations and year-end forecast for the yen.

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Trump safe, suspect in custody as FBI investigates apparent ‘attempted assassination’

September 15, 2024 by admin

U.S. Secret Service officers fired shots at a gunman located near the property line of Donald Trump’s golf course in Florida.

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