environment

ECB
Economy

ECB To Raise Rates Again And Face Questions About Future Path

The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be. The ECB has been increasing rates at a record pace to fight a sudden bout of high inflation in the euro […]

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Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with Read more

Dollar Edges Lower; Fed Minutes Loom Large
Dollar edges

The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more

Asian Stocks Hit By Tech Rout, More Fed Cues Awaited
Asian stocks

Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more

Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes
Asian stocks muted

Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more

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H&M's
Uncategorized

Fashion Retailer H&M’s Profit Tumbles As Costs Bite

Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags, sending its shares down 7% in early trade. Operating profit in the period, the world’s second-biggest fashion retailer’s fiscal fourth quarter, was 821 […]

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jerome Powell to Set Stage For Slowing Fed ate Hikes Amid Hawkish Tone
jerome Powell

Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted Read more

4 Big Analyst Picks: Accenture Upgraded To Neutral Ahead of Q3 Earnings

Earlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The Read more

Toyota Wins Over Shareholders at AGM After Questions On Strategy, Governance

Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting Read more

Nikkei Closes Above 33,000 For The First Time In 33 Years

Japan’s benchmark Nikkei gauge surged on Tuesday, closing over 33,000 for the first time in 33 years, led by technology Read more

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