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The yen has surged against the dollar, reaching its strongest level since December. Market speculation is growing that the Bank of Japan will raise interest rates sooner than expected, buoying the yen and pushing government bond yields higher. Data showing strong GDP growth and rising wages in Japan has supported the BOJ's case for rate hikes.
Published on: February 20, 2025, 08:00 AM UTC
Palantir stock plunges 10% on report of potential Pentagon budget cuts, wiping out recent gains.
Published on: February 20, 2025, 07:01 AM UTC
The Federal Reserve is considering further interest rate cuts this year as they assess the evolving economy and new policies from the Trump administration.
Published on: February 20, 2025, 07:01 AM UTC
US future markets slump on Wednesday as investors reacted to the latest sign the Federal Reserve is unlikely to cut rates anytime soon and digested minutes from its January meeting.
Published on: February 20, 2025, 07:01 AM UTC
BESI expects revenue to fall in Q1 of 2025 due to weakness in traditional markets despite growth in AI-related orders.
Published on: February 20, 2025, 07:00 AM UTC
Singapore's Abaxx Exchange to Launch Gold Futures Amid Soaring Prices and Demand for Safe Havens
Published on: February 20, 2025, 07:00 AM UTC
Oil steadies after industry report signals another build in US crude stockpiles amidst lingering global supply concerns.
Published on: February 20, 2025, 07:00 AM UTC
CVS Health (CVS) and other PBMs defend their role as drug cost managers amid scrutiny over rebate strategies and patient choices. As new low-cost options emerge, the industry faces challenges from Walmart, GoodRx, and telehealth partnerships.
Published on: February 20, 2025, 06:01 AM UTC
US future markets fell as the S&P 500 hit a record high for a second day and investors considered the latest sign the Federal Reserve will not cut rates soon.
Published on: February 20, 2025, 06:01 AM UTC
Asian stocks fall as concerns over US geopolitical priorities cast a shadow on risk appetite, prompting investors to seek havens like the Japanese yen.
Published on: February 20, 2025, 06:00 AM UTC