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The Bank of Japan's hawk, Naoki Tamura, signals at least two rate hikes by early next year and says short-term rates should reach 1%.
Published on: February 06, 2025, 07:00 AM UTC
Asia's largest satellite company, SKY Perfect JSAT, sees growth opportunities in Elon Musk's SpaceX, despite its ties to former US President Donald Trump. The Japanese firm plans to invest $230 million in Planet Labs' satellite imagery business and expects SpaceX to play a key role in its satellite launches.
Published on: February 06, 2025, 07:00 AM UTC
The Federal Reserve is taking a cautious approach to interest rates as concerns linger over the potential impact of President Trump's tariffs, with officials saying they want to wait and see how the economy reacts before making any changes.
Published on: February 06, 2025, 05:01 AM UTC
US stock futures steady, Alphabet dips as investors await Amazon earnings. Trump tariffs weigh on Ford and Chipotle. Oil prices rebound after Saudi price hike. Gold hits record highs as trade war intensifies.
Published on: February 06, 2025, 05:00 AM UTC
India's new central bank governor, Sanjay Malhotra, is expected to cut interest rates in his first policy meeting, shifting the focus to boosting economic growth amid escalating global risks.
Published on: February 06, 2025, 05:00 AM UTC
Asian equities rise following gains on Wall Street; Japanese yen strengthens. US futures are steady after a second day of gains for the S&P 500 and Nasdaq 100. Treasuries are stable after rallying overnight.
Published on: February 06, 2025, 05:00 AM UTC
Global stocks mostly climbed Thursday as Japan's Nikkei 225 gained 0.2%, Australia's S&P/ASX 200 surged 1.1%, and South Korea's Kospi edged up 0.7%. Hong Kong's Hang Seng rose 0.2% and Shanghai Composite added 0.6%.
Published on: February 06, 2025, 04:02 AM UTC
US stock futures remain steady amidst concerns over Big Tech AI spending and Trump's tariffs. Alphabet's earnings report raises concerns, while Nvidia benefits from AI spending plans.
Published on: February 06, 2025, 04:01 AM UTC
Ford (F) beats Q4 earnings and revenue expectations, but issues muted full-year guidance. Ford expects full-year 2025 adjusted EBIT of $7.0 billion to $8.5 billion and $3.5 billion to $4.5 billion in adjusted free cash flow. The company anticipates $1 billion in cost savings and a breakeven Q1 2025 adjusted EBIT. Ford's EV division, Model e, posted a full-year EBIT loss of $5.1 billion, with losses expected to continue in 2025.
Published on: February 06, 2025, 04:01 AM UTC
Asian equities rose, buoyed by gains on Wall Street. The yen strengthened amid caution ahead of key events including US jobs data and the UK rate decision. Nomura shares surged on strong earnings.
Published on: February 06, 2025, 04:00 AM UTC