Sumitomo Mitsui Trust Said to Cut Profit Target; Shares Drop
Sumitomo Mitsui Trust Holdings Inc. plans to halve its profit forecast for the current fiscal year to around
2023-10-30 11:15
Buy China Shares, Sell Firms Lifted by Weak Yen, Says Top Fund
A top-performing Asia stock picker is pocketing gains in Japanese exporters on bets the yen’s tumble is nearing
2023-10-30 08:54
US Job Growth Is Expected to Cool as the Fed Looks to Pause Again
Employers in the US probably tempered their pace of hiring this month after beefing up payrolls by the
2023-10-29 21:47
Stellantis, UAW Reach Tentative Agreement to End Six-Week Strike
Stellantis NV reached a tentative contract agreement with the United Auto Workers to end a six-week strike, following
2023-10-29 01:29
Cruise’s Suspension Marks a Setback for GM CEO Barra’s Vision
A couple of hours after Chief Executive Officer Mary Barra finished telling Wall Street analysts that the Cruise
2023-10-28 23:19
Germany to Pass Japan as 3rd-Largest Economy, Helped by Weak Yen
Germany’s economy is projected to dislodge Japan’s as the world’s third largest in 2023, helped by a slide
2023-10-24 14:18
Japan’s Ruling Party Loses a Special Election in Blow to Kishida
Japanese Prime Minister Fumio Kishida underscored his plan to return some tax revenues to the public, fund more
2023-10-23 16:49
BOJ Policy Speculation Continues to Build in Runup to Meeting
Speculation that the Bank of Japan will make some kind of policy move this month continues to build
2023-10-23 13:55
ECB’s €5.3 Trillion Challenge Is Forcing a Rethink of Rate Plumbing
European Central Bank officials weighing whether they’ve raised borrowing costs far enough are confronting a related challenge: how
2023-10-23 13:00
Yen Breaches 150 Per Dollar Again, Raising Intervention Risk
The yen briefly weakened beyond 150 against the dollar again as the wide yield gap between Japan and
2023-10-23 11:16
Asian Stocks Extend Losses, Oil and Gold Soften: Markets Wrap
Asian stocks fell for a fourth day after a selloff in US markets deepened Friday. Gold and crude
2023-10-23 09:21
When Japan Ends Negative Rate Policy, Treasuries Will Suffer
Japan’s era of negative interest rates will end in coming months, and the implications for world markets will
2023-10-23 08:48