Markets fell in Asia on Thursday following a painful sell-off in New York fuelled by bets that the Federal Reserve will embark on an aggressive campaign to fight soaring inflation by hiking interest rates several times. The much-anticipated release of minutes from the US central bank’s December policy meeting showed that while officials were concerned …
Asian Markets Track Wall St Drop On Fed Rate Hike Plans Read More »
Asian stocks fell on Monday on fears about a fresh global surge in coronavirus infections and as the future of US President Joe Biden’s massive social spending bill was thrown into doubt after it lost the crucial vote of a moderate Democrat. With traders beginning to wind down ahead of the festive season, analysts said …
Asian Markets Drop On Omicron Spike, Biden Spending Bill Blow Read More »
Equity markets in Asia mostly fell Thursday as a batch of strong economic data spurred expectations that the Federal Reserve will withdraw its vast financial support and lift interest rates earlier than thought. A drop in jobless claims to a five-decade low, along with a surge in consumer income and spending, reinforced optimism that the …
Most Asian Markets Drop As Data Points To Faster Fed Taper Read More »
Asian markets mostly fell Monday with fears about renewed containment measures to battle a surge in European Covid cases adding to growing speculation that central banks will have to tighten monetary policy quicker to tame a spike in inflation. Oil extended losses as major consumers including the United States considered releasing some of their reserves …
Most Asian Markets Drop On Renewed Covid, Inflation Concerns Read More »
Aruba’s state-owned refining company Refineria di Aruba (RdA) is seen in San Nicolas, Aruba, April 9, 2021. REUTERS/Luc Cohen April 19, 2021 By Luc Cohen SAN NICOLAS, Aruba (Reuters) – A collapse in tourism due to the coronavirus pandemic has sent Aruba toward one of the world’s biggest economic contractions, prompting the island to try …
Aruba looks towards long-idled oil refinery, as tourism drop pummels economy Read More »
A broad-based coalition of child safety advocates has sent a letter to Facebook chief Mark Zuckerberg, urging him to abandon plans to launch a version of Instagram for children under 13, saying it’s not the right fix for the problem of kids lying about their age to get on the platform and it would “put …
Child Safety Groups Urge Zuckerberg to Drop Plans for Instagram for Kids Read More »
FILE PHOTO: Stacks of former U.S. President Abraham Lincoln on the five-dollar bill currency are seen at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron April 16, 2021 (Reuters) – U.S bond funds attracted a massive amount of money in the week ended April 14 as bond yields dropped on …
Graphic: U.S. bond, equity funds lure money inflows as bond yields drop Read More »
FILE PHOTO: People wearing protective masks shop at Macy’s Herald Square following the outbreak of the coronavirus disease (COVID-19) in the Manhattan borough of New York City, New York, U.S., December 26, 2020. REUTERS/Jeenah Moon/File Photo April 15, 2021 By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales rebounded more than expected in March as Americans …
U.S. retail sales surge; weekly jobless claims drop to one-year low Read More »
Georgia Secretary of State Brad Raffensperger said Thursday he has referred three counties to be investigated for failing to complete and retain absentee ballot transfer forms, a legal requirement for regions that used ballot drop boxes in the November election. Raffensperger said in a press release that 120 Georgia counties “filled out and retained ballot …
Raffensperger Refers 3 Counties for Investigation Over Ballot Drop Box Forms Read More »
FILE – An official of a Saudi oil company watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia. (AP Photo/John Moore, File) OAN NewsroomUPDATED 7:02 AM PT – Friday, April 2, 2021 International oil cartel OPEC and its allies said they may drop crude prices again in response to an …
OPEC, Russia agree to drop oil prices to wipe out competition Read More »
