TOKYO (AP) — Asian shares were trading mixed Friday, as market sentiment for some regional benchmarks got a boost from the tech-led rally on Wall Street. Japan’s benchmark Nikkei 225 rose 1.3% to finish at 65,020.94. South Korea’s Kospi gained 1.7% to 6,690.72. Australia’s S&P/ASX 200 declined 0.2%
A look at the day ahead in European and global markets from Stella Qiu U.S. Federal Reserve Governor Christopher Waller overnight urged markets to “give disinflation a chance” as global bond yields fly. And with that, markets are back to pricing this month’s interest rate decision as a coin flip bet
By Kanishka Singh WASHINGTON, Sept 3 (Reuters) – U.S. Director of Federal Housing Bill Pulte said on Thursday he directed Fannie Mae and Freddie Mac, created by the U.S. Congress to support the housing market, to approve all lenders to use credit scoring system VantageScore. “Fannie and Freddie’s in
By Stella Qiu SYDNEY, Sept 4 (Reuters) – Asian shares rose on Friday as investors embraced a global rally before crucial U.S. jobs data, while bonds found some much needed relief after a top Federal Reserve official cooled rate hike fears and dragged the dollar lower. The dollar’s retreat turbocharg
By Jiaxing Li and Ankur Banerjee HONG KONG, Sept 4 (Reuters) – The Japanese yen clung to its gains against the U.S. dollar on Friday and was on track for its strongest week in more than a month, as traders ramped up bets on a Bank of Japan interest rate hike and broader currency markets awaited U.S.
SINGAPORE, Sept 4 (Reuters) – Oil prices rose on Friday, heading for their steepest weekly gain since mid-July, as rising tension and renewed U.S.-Iran hostilities heightened concerns over Middle East supply risks. Brent crude futures rose 54 cents, or 0.6%, to $96.06 a barrel by 0100 GMT, while U.S
By Allison Lampert Sept 3 (Reuters) – Some airlines are not waiting for a U.S. legal mandate to look at outfitting planes with an additional system to avert midair collisions, according to the CEO of Acron Technologies, which retrofits Airbus jets with the equipment. Acron, which has equipped Americ
Iraq’s Shadow Trade Gives Iran a Lifeline Dollar flows, commercial ties, and cross-border networks offer Tehran economic channels as US pressure intensifies By Hudhaifa Ibrahim / The Media Line [MANAMA] Iraq remains one of Iran’s most important regional economic and financial links as Washington exp
Sept 3 (Reuters) – Miner Vale SA is shelving plans for an IPO of its critical minerals unit amid political pushback in Brazil over the country potentially losing control over strategic mining assets, The Globe and Mail reported on Thursday, citing sources. The IPO of Vale Base Metals is on hold inde
Sept 3 (Reuters) – An EU ban on animal products from Brazil that took effect on Thursday affects Brazilian exports worth about $1.84 billion annually, mainly beef and poultry, as the bloc seeks guarantees that prohibited antimicrobial substances are not used in production. While expectations for a n
SAO PAULO, Sept 3 (Reuters) – Brazilian planemaker Embraer announced on Thursday it signed an agreement to deliver eight additional E190-E2 jets for Japan’s ANA Holdings, which expands the 2025 firm order to 23 units of the regional aircraft. • ANA had already ordered 15 E190-E2 units in February 20
Sept 3 (Reuters) – The United States and China are set to make some announcements on agriculture and non-tariff barriers during a visit by Chinese President Xi Jinping to Washington this month, U.S. Trade Representative Jamieson Greer said on Thursday. “We’re not looking for a giant comprehensive tr
Sept 3 (Reuters) – OpenAI said on Thursday it would commit $1 billion in subsidized access to its AI cybersecurity tools, training and technical support for organizations that protect critical services, as concerns grow over increasingly sophisticated AI-enabled cyberattacks. • OpenAI has faced incr
Sept 3 (Reuters) – Coinbase has filed registration documents with the U.S. Securities and Exchange Commission to offer equity perpetuals, the crypto exchange’s chief policy officer said in a social media post on Thursday. Here are some details: • Perpetuals, also called “perps” are derivative contra
By David Shepardson WASHINGTON, Sept 3 (Reuters) – The U.S. Federal Communications Commission on Thursday asked a federal judge to toss out Disney’s lawsuit seeking to block the agency’s early review of licenses for the entertainment giant’s eight company-owned ABC stations. The FCC said if Disney
Asked about the trade war with Canada on Wednesday, President Donald Trump falsely claimed that U.S. banks are not allowed to do business with its neighbor to the north. The allegation came during a meeting with U.S. travel executives in the Oval Office, after a reporter asked Trump whether there ar
By Jamie McGeever ORLANDO, Florida, Sept 3 (Reuters) – Remarks from Fed Governor Christopher Waller that he is inclined to hold interest rates steady later this month sparked a strong stock market rally and dragged bond yields lower on Thursday, while the Japanese yen clocked its strongest New York
SAO PAULO, Sept 3 (Reuters) – The Brazilian government said on Thursday it could take reciprocal measures against the European Union in case negotiations to reverse the bloc’s ban on animal products from the South American nation do not lead to “a satisfactory outcome.” In a statement signed by the
Sept 3 (Reuters) – Lululemon Athletica on Thursday cut its full-year forecasts again after missing quarterly sales estimates, underscoring the challenges ahead for incoming CEO Heidi O’Neill as she prepares to tackle softening demand and intense competition. Shares of the Vancouver-based apparel bra
Sept 3 (Reuters) – Oura, the maker of smart wearable Oura Ring, filed the paperwork for its U.S. initial public offering on Thursday. The IPO market is expected to pick up steam after a summer lull. Analysts expect issuers to target the post-Labor Day window to get ahead of any uncertainty around No
By Jasper Ward WASHINGTON, Sept 3 (Reuters) – Fox News Media said on Thursday it was parting ways with its longtime business anchor Maria Bartiromo after more than a decade with the company. The company gave no reason for her departure, which it said was effective immediately. “We thank Maria for he
Sept 3 (Reuters) – Adobe said on Thursday Anil Chakravarthy will take over as President and CEO effective December 1, succeeding Shantanu Narayen, who has been chief executive officer since 2007. Narayen will transition to executive chair and work closely with Chakravarthy to ensure a smooth transit
LONDON (AP) — British police have a stout task ahead: recovering 70,000 pints worth of stolen Guinness. Two trailer truckloads of the famously creamy dark beer valued at 115,000 pounds ($155,000) were stolen from a depot near Liverpool in northwest England, the Cheshire Constabulary said Thursday. “
Fox News Media has parted ways with politically influential financial journalist Maria Bartiromo after more than a decade, the company announced Thursday hours after Fox Business Network aired the final episode of the show that bears her name. The company did not specify the reasons for her separati
Sept 3 (Reuters) – Volkswagen’s supervisory board on Thursday unanimously approved a comprehensive transformation plan that could include cutting the group’s workforce by around 50,000 jobs, including management positions, as the automaker seeks to improve competitiveness. The “Future Plan”, present
By Leah Douglas WASHINGTON, Sept 3 (Reuters) – Thousands of U.S. convenience stores could stop accepting food stamps unless the U.S. Department of Agriculture delays enforcement of a rule requiring those stores to stock more fresh produce and protein, according to a letter sent this week from nearly
SAN FRANCISCO, Sept 3 (Reuters) – OpenAI on Thursday unveiled a new artificial intelligence model it calls its best yet but cautioned that it also sometimes attempts to evade human monitoring, even as the company faces growing scrutiny after its agents breached other companies’ systems. OpenAI has b
By Juveria Tabassum and Tom Polansek Sept 3 (Reuters) – Tyson Foods cut its annual profit forecast for a second time within a month on Thursday as tight U.S. cattle supplies, volatile prices and cautious consumer spending put further strain on its struggling beef business. Meatpackers have been blee
By David Lawder and Howard Schneider WASHINGTON, Sept 3 (Reuters) – There is no more premium for safe, liquid U.S. government debt, pushing the neutral level of interest rates higher, Federal Reserve Governor Christopher Waller told a Reuters NEXT Newsmaker event on Thursday. Waller also told Reuter
Sept 3 (Reuters) – Nvidia on Thursday said Lenovo and Acer will launch the first Windows PCs powered by its RTX Spark chip in October, as the chip giant pushes to bring AI capabilities directly to laptops and desktop computers. Tech giants are increasingly pushing for on-device AI to cut the cost of
