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SEOUL (Reuters) - South Korean President Moon Jae-in has fired both his top economic policymakers and replaced them with people already in the government, his office said on Friday, a move widely seen as intended to reinforce his controversial policies.
But dip in rates may be short-lived with another Fed hike on the cards
NEW YORK: The worst start to a year for world shares since 2010 continued into the third quarter on Monday, with another slump in Chinese shares and weakening global factory surveys leading global equity markets lower.
TOKYO: Asian shares rose to their highest in two-and-a-half-weeks on Monday as strong U.S. jobs data offset worries that tariff wars between the United States and the rest of the world could retard global economic growth.
NEW YORK: Wall Street stocks rose on Friday after the latest monthly jobs report pointed to strength in the U.S. economy and geopolitical tensions eased.
NEW YORK: Bond traders came the closest in four years to a 3% yield on the 10-year Treasury note. Whether it breaches that level may be determined by how new Federal Reserve chairman Jerome Powell handles the limelight.
TOKYO: Asian shares rose on Tuesday, taking heart from record closes on Wall Street and upbeat economic data that lifted U.S. Treasury yields and the dollar, even as weaker oil prices took their toll on energy stocks.
TOKYO: Asian shares tiptoed lower on Tuesday, pressured by weaker oil prices but supported by records on Wall Street and upbeat economic data that lifted U.S. Treasury yields and the dollar.
NEW YORK: Stock markets climbed worldwide on Monday, lifted by optimism over the outlook for corporate earnings and U.S. President Donald Trump's tax reform plan, while the dollar gained as investors took a bullish view of the American economy.
NEW YORK: Wall Street gained modestly on Friday as a tepid U.S. jobs report kept expectations muted for another interest rate hike this year, while investors kicked off a typically dour month for stocks on a positive note.