covid-19

Quickening U.S. recovery puts Fed taper discussion in focus

More clues on just when and how the U.S. Federal Reserve may begin to cut its pandemic-induced bond-buying spree are…

4 years ago

Australia’s cbank tapers QE but affirms low rates outlook

Australia's central bank on Tuesday took its first step towards tempering its massive stimulus as employment proves far stronger than…

4 years ago

Samsung Electronics Q2 profit likely up 38% on strong chip prices

Samsung Electronics Co Ltd (005930.KS) likely saw a 38% surge in profit for the April-June quarter thanks to strong chip…

4 years ago

Dollar awaits Fed minutes, kiwi aloft on rate expectations

The New Zealand dollar rose on Tuesday after a strong business survey pulled forward rate hike expectations there to as…

4 years ago

Japan’s May household spending growth slows from previous month

Japan's household spending rose at a double-digit rate in May as consumers bought cars and mobile phones, though the pace…

4 years ago

Fed pivot, inflation boost emerging market interest rate hikes in June

Emerging markets saw more interest rate hikes in June as a hawkish pivot from the U.S. Federal Reserve amplified inflationary…

4 years ago

Analysis: OPEC disagreement lays bare growing UAE-Saudi economic rivalry

Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry…

4 years ago

World shares cling near record highs

World stocks clung close to record highs on Monday as worries about the Delta variant of COVID-19 offset positive sentiment…

4 years ago

Factbox: The challenges facing Amazon’s new CEO, Andy Jassy

Amazon.com Inc (AMZN.O) on Monday got a new chief executive: Andy Jassy, the mastermind behind its lucrative cloud computing division,…

4 years ago

COVID Delta variant worries bubble to the surface in some asset prices

Worries over the spread of the Delta coronavirus variant are emerging in various corners of global financial markets, even as…

4 years ago