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GLOBAL MARKETS-Stocks mostly rise as tech shares gain
NEW YORK: MSCI's gauge of stocks across the globe rose for a ninth session and U.S. stocks ended mostly higher on Thursday, supported by technology shares, while oil prices slipped.
GLOBAL MARKETS-World equity index gains for 8th day
NEW YORK: MSCI's gauge of stocks across the globe rose on Wednesday for an eighth straight session even as the S&P 500 eased, and U.S. Treasury yields tumbled on data showing inflation remained tame in January.
Meet the central banker who might never raise rates
PHILIP Lowe could become Australia’s first central bank governor in the modern era to never raise rates. That’s more than a tidbit to tuck away for trivia night: We’re looking at a new template for monetary policymakers worldwide in the aftermath of Covid-19.
Insight - Basking in ‘pseudo wealth’?
IF “pseudo wealth” is a source of often unexplained economic volatility, then the financial roller coaster accompanying the pandemic has many wild rides in store
Australia central bank faces taper quandary
SYDNEY: Australia only recently started its quantitative-easing program, yet the key question already confronting the central bank is when and how to taper bond purchases given the strong economic recovery.
Broader stock market poser
NEW YORK: Some investors are growing concerned that wild swings in GameStop and other stocks driven by small-time traders could be fresh signs of over-exuberance that foreshadow volatility for the broader stock market.
Shorting the dollar proves to be uncomfortable too
NEW YORK: It’s a tough time to be holding onto a short position, and not just for equity investors caught out by Reddit-fuelled price surges.
Wall St week ahead: GameStop stock ride weighed as bubble warning
NEW YORK: Some investors are growing concerned that wild swings in GameStop and other stocks driven by small-time traders could be fresh signs of overexuberance that foreshadow volatility for the broader stock market.
US new-home sales rise in December for the first time since July
NEW YORK: US new-home sales rose in December for the first time in five months, capping the best year since 2006 and signaling that record-low mortgage rates continue to drive demand for a sector that’s been a bright spot in the economy.
