Asian markets rise after Wall Street’s gains, Powell’s reassuring comments
Asian benchmarks rose Friday, cheered by gains on Wall Street as comments from the Federal Reserve chairman assured markets on the expected rate rise.
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Asian benchmarks rose Friday, cheered by gains on Wall Street as comments from the Federal Reserve chairman assured markets on the expected rate rise.
The U.S. dollar's surge to historic highs could spell trouble for emerging market and developing economies, economists warn in a new paper.
The British pound showed little movement Thursday after the death of Queen Elizabeth II at the age of 96. The pound traded at $1.1508 versus the U.S. dollar, down 0.2% on the day. The 96-year old monarch, who ruled the UK...
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The Brothers want to weaken the cohesion that's essential to solving our biggest challenges: security, climate, health, energy
The European Central Bank on Thursday lifted key interest rates by 75 basis points and said more hikes were likely to come in response to inflation that remains "far too high" and "likely to stay above target for an extend...
As the European Central Bank readies its second rate hike in three months, there's genuine dilemma in financial markets whether the Frankfurt-based central bank will increase rates by a half-point or 75 basis points.
Asian benchmarks mostly rose Thursday, as investor optimism got a perk from a rally on Wall Street that's on track to break a three-week losing streak.
No one can predict currency movements with certainty, but another 15% drop in the euro and the yen can't be ruled out, says Kenneth Rogoff.
Asian stock markets declined Monday after Wall Street ended last week lower and China tightened anti-virus controls.
The British pound traded at its lowest level against the dollar in more than two years Friday. And some economists see much more pain ahead.
Asian stock markets were mixed Friday ahead of U.S. jobs data that might influence Federal Reserve plans for more interest rate hikes to cool surging inflation.
The U.S. dollar is on a tear, hitting historic highs against major rivals. Here's how that could add to market volatility.
The U.S. dollar soared versus major rivals Thursday, boosted by resilient data on weekly jobless claims and a gauge of manufacturing activity that affirmed expectations the Federal Reserve will continue aggressively tighte...
Asian shares were mostly lower Thursday, tracking the broad slide on Wall Street, as investors braced for higher interest rates and inflation worries for some time.
The consumer price index--a measure of what consumers pay for goods and services--increased 9.1% in August from 8.9% the prior month.
Asian stocks followed Wall Street lower Thursday after strong U.S. jobs data fueled expectations of further interest rate hikes and Chinese manufacturing activity weakened.
Shares of Dow Inc. dropped Monday, after KeyBanc Capital analyst Aleksey Yefremov turned bearish on the chemicals and specialty materials company, citing concerns that the "meaningful" exposure to commodities and Europe sk...
Asian shares declined Monday after the head of the U.S. Federal Reserve indicated high interest rates will continue for some time to curb inflation.
Central banks around the world risk losing public confidence and must act forcefully to combat inflation, even if that pushes their economies into a recession, European Central Bank board member Isabel Schnabel said on Sat...
Like all restrictions on the use of cash, central bank digital currency is designed to increase the state's power.
Asian shares were mostly higher Thursday as Wall Street and global markets wait for a highly anticipated speech from the U.S. Federal Reserve chair about interest rates at the end of the week.
Asian shares were mixed Wednesday as a wait-and-see mood set in following another — though more modest — day of sell-offs on Wall Street.
A measure of the eurozone economy fell to an 18-month low as consumers felt the pinch from inflation, even as price pressures at businesses may have peaked.
Asian shares were trading lower Tuesday, echoing a broad sell-off on Wall Street amid speculation about another interest rate raise from the U.S. Federal Reserve.