Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Bloomberg |
Gold is rallying into the end of 2018 as turmoil in global equities, the partial U.S. government shutdown and concerns about the outlook for next year stoke demand, lifting prices to the highest in six months.
Reuters |
Bank of Japan policymakers disagreed on the feasibility of allowing bond yields to move more flexibly around the central bank’s zero percent target
Bloomberg |
Global trade tensions and worries about a U.S. recession dragged markets lower at year-end, leaving the 500 people on the Bloomberg Billionaires Index with a combined net worth of $4.7 trillion as of Friday’s close.
Bank of Canada |
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.
Reserve Bank of Australia |
Board decided to leave the cash rate unchanged at 1.50 per cent
European Central Bank |
ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.
Bloomberg |
Threat of hacks, fights over network control seen rising and more than 100,000 mining operations likely ceased activity
Bloomberg |
The fight higher gasoline taxes and have now spread to other demands, reflecting complaints about purchasing power and a general dislike of Macron.
Bloomberg |
“Both Huawei and ZTE and multiple other Chinese companies pose a threat to our national interest, our national economic interest and our national security interest,” Rubio said.
Bloomberg |
Dow Jones Industrial Average tumbling almost 800 points, as a litany of concerns wiped out the rally in risk assets. Thirty-year bonds lead rally in Treasuries after inversion