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South Korea's central bank cuts rates in a bid to boost the economy
South Korea’s central bank on Friday cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household
‘I Could Feel My House Shaking’: Milton Tears Across Florida
Florida residents awoke Thursday to the devastation from Hurricane Milton, which ripped through the Tampa area, barreled across the state and spawned deadly tornadoes before spinning out into the
Asian stocks mixed as markets wait for China policy briefing
Asian stocks were mixed on Friday as Chinese markets declined as investors await a key briefing about the details of the upcoming stimulus plan this weekend. U.S. futures rose while oil prices were
China’s Stimulus Barrage Draws Out Cautious House Hunters
State media reported a jump in home viewings and sales during a recent holiday period, but hesitancy remains among prospective buyers after a long real-estate slump.
Israel Yet to Reach Iran Decision as It Steps Up Beirut Strikes
Israel’s government has yet to decide how to retaliate against Iran for a missile attack last week, according to an Israeli official familiar with the matter.
New Zealand Shares Rise 0.7% to Best Close Since 2022
New Zealand’s NZX-50 rose 0.7% to 12845.64, rounding out a second straight weekly gain and marking the highest closing level since January 2022.
Stellantis Ousts CFO in Effort to Stabilize Reeling Business
Stellantis NV is replacing its finance chief as part of a broad management overhaul, a dramatic step by the automaker to try to regain investor trust and stabilize its deteriorating business.
Ten-Year U.S. Treasury Yield May Extend Uptrend
The 10-year Treasury yield may extend its uptrend, based on charts, UOB said, after the yield rose above the resistance at the top of the daily Ichimoku cloud and closed at its highest level in 2.5
Economy grows in August after two flat months
The UK economy grew in August after it was flat in the previous two months, according to the latest official figures. The Office for National Statistics (ONS) said gross domestic product (GDP)
BlackRock, GIC to Invest in Hyundai Motor India IPO
BlackRock Inc. and Singaporean sovereign wealth fund GIC Pte are among those that have made bids to buy stock in Hyundai Motor India Ltd.’s $3.3 billion initial public offering, according to people
Financials drag Indian shares lower at open
(Reuters) -Indian shares opened marginally lower on Friday, dragged by financials while the country's top software company Tata Consultancy Services reversed losses after reporting a quarterly profit
China’s ‘whatever it takes’ moment? Investors hope for billions in additional stimulus this Saturday
Investors are on tenterhooks as Beijing prepares to deliver fresh policies to boost its economy. China's top state planner underwhelmed investors by announcing smaller-than-expected actions earlier
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