Inflation and higher interest rates are still two of the biggest obstacles for the Federal Reserve in 2024, a year in which many experts eagerly anticipated a slew of rate cuts to come forth. Now, Fed ...

Key Asian markets witnessed modest foreign outflows in April, driven by a rise in U.S. Treasury yields, as traders expect the Federal Reserve to keep interest rates elevated for longer to combat ...

Australia’s economy is already alarmingly weak. A big cut in government spending in next week’s budget could push us from a per capita recession into an actual recession.

Asian shares made 15-month highs on Tuesday on renewed confidence of U.S. interest rate cuts, while traders waited on a policy meeting in Australia later in the day and had a close eye on a falling ...

European policymakers are readying cuts for June, capping the euro, and rates are not expected to move too far above zero in Japan this year, leaving a wide gap with the rest of the world. The dollar ...

Asian markets are mostly higher after another day of gains on Wall Street led by technology stocks. U.S. futures and oil prices advanced. On Monday, the S&P 500 climbed 1% ...

The S&P 500 rose 52.95, or 1%, to 5,180.74. The Dow Jones Industrial Average added 176.59, or 0.5%, to 38,852.27, and the Nasdaq composite jumped 192.92, or 1.2%, to 16,349.25.

Global shares traded around one-month highs on Tuesday, boosted by renewed confidence in U.S. interest rate cuts, while a weaker yen and small dip in the Australian dollar kept the dollar steady. Last ...

Futures higher U.S. stock futures ticked higher on Monday, with traders assessing the possibility of Federal Reserve interest ...

In early corporate news, BP reported falling profit annually, although it raised its dividend and started a USD1.75 billion share buyback programme as planned. Here is what you need to know at the ...