Tag: programming

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Asian Stocks Advance, Led by Alibaba, as Yen Hits 150 to Dollar

Asian stocks rose after Alibaba reported fast revenue growth, the yen weakened past 150 per dollar, and the Bank of Japan signaled readiness to curb bond yields.

Tokyo Inflation Seen Slowing as Government Eases Energy Burden

Tokyo's consumer inflation likely slowed in February due to eased energy burden, Reuters poll finds. Core CPI seen rising 2.3%, down from 2.5% in January, as government resumes support measures.

US Stocks Fall Amid Walmart Outlook, Trump's Policy Impact

US stocks fell on Thursday as investors scrutinized Walmart's outlook and debated the impact of planned tariffs and policy shifts announced by President Trump. The Dow Jones Industrial Average fell 1%, while the S&P 500 lost 0.5%. The tech-heavy Nasdaq Composite also closed lower.

Indonesia to Sell Bonds With Central Bank Pledge to Purchase

Indonesia to Sell Bonds for Housing, Central Bank to Buy Debt

RBA Cautions Against Expectations of Further Immediate Rate Cuts

Australia's Reserve Bank is cautious about further rate cuts due to labor market pressures, but will respond if inflation slows more than expected.

Asian Shares Rise as US Exceptionalism Narrative Fades, AI Stocks Gain Buyers

Asian markets make gains against Wall Street losses, buoyed by optimism in Chinese stocks and AI advancements.

Delta Pays $30K to Passengers After Plane Crash-Lands in Toronto

Delta Air Lines has reportedly offered $30,000 to passengers on a Minneapolis-to-Toronto flight that crash-landed. The payment is not tied to any strings and is in accordance with international treaties governing flights and incidents.

Mortgage Rates Dip Again, Hover Near 7%

Mortgage rates decline slightly to 6.85% for 30-year fixed and 6.04% for 15-year fixed, despite hot inflation data. Rates remain near 7%, impacting affordability and mortgage applications.

US Stocks Pull Back as Investors Assess Walmart's Outlook and Trump's Planned Policies

US stocks retreated on Thursday as investors examined Walmart's (WMT) outlook and weighed the potential consequences of President Trump's planned tariffs and policy changes.

Rivian Delivers Strong Q4, Raises Outlook, But Faces Regulatory Headwinds

Rivian posts strong Q4 results, achieves gross profit, narrows 2024 EBITDA loss outlook