Bank of Korea to Raise Rates on Thursday as Price Pressures Mount
BENGALURU (Reuters) - South Korea's central bank will raise its key interest rate again on Thursday to fight inflation, according to a Reuters poll of economists, but they are divided on how high...
Stocks Fall Broadly On Wall Street, Extending Market Losses
NEW YORK (AP) — Another broad stock market sell-off on Monday deepened Wall Street’s losses from last week, leaving the S&P 500 with its biggest slide since mid-June.
The benchmark index fell 2.1%, nearly...
Asian markets mixed after Wall St gains on jobs data – Marin Independent Journal
By JOE McDONALD
BEIJING (AP) — Asian stock markets were mixed Friday after Wall Street rose as investors analyzed conflicting economic signals ahead of a Federal Reserve conference next week.
Shanghai and Seoul declined while...
Sensex crashes 652 points, Nifty settles below 17,800-mark weighed by RIL, financial stocks
Share Market News: The benchmark indices on BSE and National Stock Exchange (NSE) ended over 1 per cent lower on Friday weighed by a fall in market heavyweight Reliance Industries (RIL) and financial...
Bad economic news from China is easing global oil prices — Quartz
China’s factory activity dropped unexpectedly in July, according to new data—a sign that any economic rebound from the country’s disruptive covid lockdowns and its tumultuous real estate sector remains tenuous at best.The official manufacturing...
Fed hike fears, Jackson Hole in focus
London Stock ExchangeToby Melville | ReutersLONDON — European markets are set to open slightly lower on Monday as fears of more aggressive interest rate hikes from the Federal Reserve return to the fore.Britain's...
July jobs report: Massive surprise as US economy adds 528,000 jobs
The massive monthly gain was more than double the 250,000 that economists were expecting, according to Refinitiv. The unemployment rate ticked down to 3.5% after holding at 3.6% for the past four months....
Rupee gains 4 paise to 79.80 against US dollar in early trade
Mumbai: The rupee appreciated 4 paise to 79.80 against the US dollar in opening trade on Monday, supported by receding crude prices in global markets and weakness in the...