Asian shares start on cautious note amid rise in COVID-19 cases
Asian shares got the week off to a cautious start on Monday as a spike in coronavirus cases across Asia over the weekend hurt investor sentiment while oil hovered around 2-1/2 year highs.
Dollar in retreat as Powell says Fed won’t raise rates on ‘fear’ of inflation
The U.S. dollar remained on the back foot against major peers on Wednesday after a two-day drop as U.S. Federal Reserve officials including Chair Jerome Powell reaffirmed that tighter monetary policy was still some way off.
Mizuho’s corporate culture to blame for serial system failures, probe finds
Mizuho Financial Group Inc’s (8411.T) corporate culture is to blame for its long history of tech system failures, creating an atmosphere where managers are reluctant to express opinions and unable to respond well to crises, an investigation found.
Dollar little changed as traders seek direction from Fed meeting
The U.S. dollar held steady against major currencies on Monday, after posting its biggest weekly gain in more than a month, as traders closed short positions ahead of a Federal Reserve policy meeting this week.
Dollar subdued as investors look to key U.S. inflation gauge
The U.S. dollar was subdued on Tuesday as investors looked to U.S. inflation data due later in the week after softer-than-expected jobs data quelled expectations of an early tapering in the Federal Reserve’s stimulus.
Stocks cheer dovish Fed, yen supported before BOJ decision
TOKYO/NEW YORK (Reuters) – Asian shares and U.S. stock futures rose on Thursday after the Federal Reserve committed to maintaining accommodative monetary policy and projected a rapid jump in U.S. economic growth this year as the COVID-19 crisis eases. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.87%, while stocks in China rose 0.74%. […]
