A selloff in technology shares spread to Asia, sending benchmark indexes tumbling from Sydney to Hong Kong as disappointing results from Amazon.com Inc. heightened concerns about corporate earnings.
SYDNEY (Reuters) - Stocks, bonds and commodities were all on a roll in Asia on Thursday, as bulls scented a softening in the Federal Reserve's confidence on inflation that promised to keep U.S. interest rates low for longer than some had expected.
TOKYO (Reuters) - Asian stocks steadied on Wednesday and the dollar held firm as investors awaited the Federal Reserve's policy decision later in the day for more clues on its tightening plans.
The dollar and U.S. equity futures retreated on signs that the U.S. health-care reform bill is effectively dead in its current form, casting a cloud on President Donald Trump’s broader economic revitalization agenda.
IT WAS a tableau to sum up an age. Leaders of the world’s 20 main industrial powers, plus a dusting of international institutions and secondary powers, posed for a photo at the Hamburg Congress Centre.
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent.
At the "Washington Transformation? Politics, Policies, Prospects," a forum sponsored by the Summer Institute of Martha’s Vineyard Hebrew Center, Vineyard Haven, Massachusetts.
Asian shares lost ground on Friday after a weak session on Wall Street, while global sovereign debt yields were elevated across the board on bets the European Central Bank is moving ever closer towards unwinding its massive monetary stimulus.
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent.
Asian shares climbed on Tuesday, following positive leads from Europe and the U.S. as oil's longest stretch of daily price gains in over five years lifted energy shares and investor rotation out of technology into financials continued.