Asian stocks fall on trade tensions
Asian stock markets fell on Thursday due to concerns about a potential trade war between the US and China.
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US economy
IMF downgrades US growth forecast for ’24
The International Monetary Fund (IMF) on Tuesday lowered its economic forecasts for the United States, revising its…
Asian shares dip, yen slides on Tuesday
Asian stocks outside Japan edged lower on Tuesday, extending losses from the previous session.
US economy shows signs of cooling – Fed Chair
Federal Reserve Chair Jerome Powell said late Tuesday night that the US economy is no longer overheated.
Asian stocks near 2-yr highs on rate cut bets
Asian stocks are near two-year highs on Wednesday due to expectations of US rate cuts.
Asian stocks edge up on rate cut hopes, euro stumbles
Asian stocks inched higher Monday as investors grew more confident about a potential US interest rate cut in…
Asian stocks rise on Fed Chair comments
Asian stocks rose on Wednesday after Federal Reserve Chair Jerome Powell's comments supported expectations of US…
URGENT: US May CPI-U flat
The US Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in May, following a 0.3 per cent…
World Bank raises global growth forecast
The World Bank revised its global economic outlook upwards, now projecting a 2.6 per cent expansion in 2024,…
Oil surges on Tuesday
Oil saw its largest surge since March, ahead of an impending OPEC+ report offering market insights.
