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NEW YORK (Bloomberg): stocks rose across Europe and Asia while US equity futures climbed on Thursday (Jan 9), extending a relief rally after America and Iran appeared to step back from a deeper military conflict. The yen and gold declined, oil steadied after a plunge and the pound retreated.
A rebound in new business orders and manufacturing has led to hopes for continuous expansion in the US economy, which is on course for a slowdown.
NEW YORK: Wall Street surged on Friday after moderate jobs growth in September offered relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the world's largest economy may be sliding into a recession
KUCHING: The Mulu and Niah Caves may be among Sarawak’s most famous attractions, but the state has other hidden gems that deserve to be promoted.
BOASTING the surging growth of an emerging economy alongside inflation more akin to a developed market, Poland has for years been the envy of Europe. That “Goldilocks” combination, however, won’t be around much longer.
SINGAPORE: The dollar is set to rise out of its current trading range as America’s tariff dispute with China takes a turn for the worse.
LONDON: Following are the five big themes likely to dominate thinking of investors and traders in the coming week:
SINGAPORE: Goldman Sachs Group Inc is turning cautious on commodities after months of recommending them to investors.
NEW YORK: The Federal Reserve’s dovish monetary-policy pivot is fuelling the rise of a new wave of trading strategies designed to capitalise on a pause in the central bank’s tightening cycle.
TOKYO: Asian shares hovered near a four-month peak on Tuesday, supported by hopes that Sino-U.S. trade talks were making positive progress and expectations of policy stimulus from central banks