BREAKINGBREAKING, US president says Lisa Cook removed from position ‘effective immediately’. United President Donald Trump has ordered the removal of Federal Reserve Governor Lisa Cook amid unproven claims of mortgage fraud. In a letter posted on social media on Monday night, Trump said Cook was being sacked “effective immediately” inRead More →
Ulsan city skyline from the Hamwolru Pavilion. People can enjoy beautiful cityscape for free. Ulsan, South Korea. Insung Jeon | Moment | Getty Images Asia-Pacific rose Monday, tracking Wall Street gains after Federal Reserve Chair Jerome Powell signaled that the central bank could begin easing monetary policy next month in his widely anticipated annualRead More →
Evening view of Marine Drive, Queen’s necklace, Juhu and Chowpatty beaches Grant Faint | The Image Bank | Getty Images Asia-Pacific markets mostly rose as investors assessed the four-day losing streak for the S&P 500, led by declines in tech stocks. Investors in the region are awaiting India’s HSBC Composite flash purchasingRead More →
Ulsan city skyline from the Hamwolru Pavilion. People can enjoy beautiful cityscape for free. Ulsan, South Korea. Insung Jeon | Moment | Getty Images Asia-Pacific markets mostly fell Tuesday as investors await the outcome of the talks between U.S. President Donald Trump, Ukraine’s President Volodymyr Zelenskyy and European leaders at the WhiteRead More →
Ulsan city skyline from the Hamwolru Pavilion. People can enjoy beautiful cityscape for free. Ulsan, South Korea. Insung Jeon | Moment | Getty Images Asia-Pacific markets traded mixed Monday , after the U.S.-Russia summit concluded without a ceasefire. Japan’s Nikkei 225 benchmark ticked up 0.47%, while the broader Topix index added 0.5%. InRead More →
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Thursday. Japan’s Nikkei 225 benchmark fell 0.31%, reversing course from its record high close in the previous session. Meanwhile, the broader Topix index lost 0.64%, as of 8:05 a.m. Singapore time (8:05 p.m. ET Wednesday). In South Korea, the Kospi index addedRead More →
Asian stock markets see big gains amid growing expectations of an interest rate cut by the US Federal Reserve. Japan’s benchmark stock market index has topped its all-time high for a second straight day amid expectations of an interest rate cut in the United States and easing trade tensions betweenRead More →
Asia-Pacific markets are expected to open lower, tracking losses on Wall Street as investors weighed weaker-than-expected economic data as well as fresh tariff comments from U.S. President Donald Trump. “We’re going to be announcing [tariffs] on semiconductors and chips, which is a separate category, because we want them made inRead More →
Chinese and Hong Kong stocks fall in early trade Chinese and Hong Kong stocks started the day lower Monday, following declines in most of the other key Asia-Pacific markets. As of 9:40 a.m. local time (9:40 p.m. ET Sunday), the Hang Seng Index lost 0.23%, while mainland’s CSI 300 declined by 0.42%. —Read More →
President Donald Trump on Friday fired the Bureau of Labor Statistics commissioner, hours after the agency reported that job growth in the U.S. had slowed to a near-halt. In a Truth Social post that also directed even more fire at Fed Chair Jerome Powell, Trump accused BLS Commissioner Erika McEntarferRead More →
