Posts with tag: technology
Oil heads for first weekly decline of 2023 as Trump weighs trade wars and asks OPEC to lower prices
Published on: January 24, 2025, 07:01 AM UTC
Boeing (BA) reports preliminary Q4 results, estimates $3.5B operating cash flow loss due to IAM work stoppage, workforce reductions, and defense business changes. Revenue of $15.2B vs. $16.76B estimates; GAAP loss per share of $5.46 vs. estimated $1.32 loss. Pre-tax charges of $1.7B expected in defense and space business.
Published on: January 24, 2025, 06:01 AM UTC
Asian stocks rise on hints of softer US stance on China tariffs; BOJ rate hike boosts yen
Published on: January 24, 2025, 06:01 AM UTC
President Trump signs an executive order on crypto, creating a working group to develop regulations and evaluate a potential national digital asset stockpile.
Published on: January 24, 2025, 05:01 AM UTC
Bank of Japan Raises Key Interest Rate to About 0.5%, Citing Wage Growth, Inflation
Published on: January 24, 2025, 04:03 AM UTC
EU antitrust fines on US tech giants like Google, Apple, Meta, Amazon, and Microsoft total billions, raising concerns from President Trump who calls it a form of taxation on American corporations.
Published on: January 24, 2025, 04:01 AM UTC
President Trump expresses reluctance to impose tariffs on China, suggesting a trade war may be averted.
Published on: January 24, 2025, 04:00 AM UTC
Singapore's central bank has loosened its monetary policy settings for the first time in nearly five years due to expectations of abating price pressures and slowing growth momentum. The bank reduced the slope of its policy band, indicating confidence in the disinflation path despite risks from trade frictions. Core inflation is forecast to average 1%-2% this year, down from the previous estimate of 1.5%-2.5%. The Singapore dollar weakened slightly against the dollar following the policy decision.
Published on: January 24, 2025, 03:01 AM UTC
Japan's inflation hits 3%, supporting the case for a rate hike by the Bank of Japan. The inflation increase is driven by higher energy costs and is expected to continue despite an anticipated rate hike.
Published on: January 24, 2025, 02:01 AM UTC
BOJ Interest Rate Decision to Dominate Currency Markets, Yen and Dollar in Focus, BOJ widely expected to raise rates by 25 basis points, Dollar set for worst week in two months, Euro and sterling rise ahead of BOJ meeting.
Published on: January 24, 2025, 02:01 AM UTC