Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images Stock futures were little changed Wednesday night as investors absorbed a new, sobering reality for financial markets. Trading was volatile after the regular session’s panic surrounding the Federal Reserve’s revised outlook for interest rates next year. Futures…
France has not respected fiscal rules for decades, economist says Financial markets have allowed countries like France to get away with disrespecting the euro zone’s fiscal rules for too long, economist Raphael Gallardo told CNBC Wednesday. France is among a number of euro zone member states that have failed to meet the single currency union’s…
View of the headquarters of the Bank of Japan in Tokyo. Sopa Images | Lightrocket | Getty Images Asia-Pacific markets were mixed on Monday, with investors looking to several major central back decisions due this week including the Bank of Japan and the People’s Bank of China. The Federal Reserve’s decision on Dec. 18 stateside…
A line of trucks parked outside a shipping terminal in Yokohama, Japan, on Monday, Dec. 4, 2023. Bloomberg | Bloomberg | Getty Images China stocks led losses in Asia Friday after Beijing affirmed its recent policy shifts and stressed on plans to boost growth following a high-profile meeting Thursday. Hong Kong’s Hang Seng index fell…
BEIJING, CHINA – SEPTEMBER 04: Buildings and vehicles are seen in the central business district during the rush hour on September 4, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images Asia-Pacific markets were mixed Wednesday, after major Wall Street benchmarks declined ahead of key inflation data that could influence the…
A man shops at a Target store in Chicago on November 26, 2024. Kamil Krzaczynski | AFP | Getty Images A key economic report coming Wednesday is expected to show that progress has stalled in bringing down the inflation rate, though not so much that the Federal Reserve won’t lower interest rates next week. The…
SSE plans $28 billion investment in U.K. grid infrastructure Electricity pylons hold power cables leading away from the SSE (Scottish and Southern Energy) gas-fired Keadby Power Station near Scunthorpe in northern England on September 6, 2022. Lindsey Parnaby | Afp | Getty Images British energy company SSE said Tuesday that its electricity network subsidiary SSEN…
Statues of bulls in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Oct. 21, 2024. Qilai Shen | Bloomberg | Getty Images Asia-Pacific markets are trading mostly higher Tuesday, following losses on Wall Street that saw the S&P 500 and Nasdaq Composite pull back from record highs ahead of key inflation data. Traders in Asia assessed Beijing’s announcement…
People crossing street in Tokyo’s busy Akihabara downtown area Leopatrizi | Istock | Getty Images Asia-Pacific markets mostly lost ground on Friday, led by losses in South Korean stocks after its industrial production declined for a second straight month in October. South Korea’s industrial production growth fell 0.3% last month compared to September, which also…
Employees work on the assembly line of an intelligent factory of SERES Automobile Co., Ltd in Chongqing, China on July 19, 2022. Vcg | Visual China Group | Getty Images Asia-Pacific markets were mixed Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records. China’s industrial…
