HONG KONG (AP) — Asian stocks started the week with modest gains after U.S. stocks finished their best week of the year, approaching record levels.
HONG KONG — Asian stocks started the week with modest gains after U.S. stocks finished their best week of the year, approaching record levels.
Investors will be closely watching the Federal Reserve’s policy meeting on Tuesday and Wednesday, when the central bank is expected to announce its first interest rate cut since 2020. The Bank of Japan’s policy meeting on Thursday and Friday is expected to leave Japan's rate unchanged. Stocks also got support from the bond market, where Treasury yields eased ahead of the Fed's meeting. The unanimous expectation on Wall Street is for the Fed to deliverThe Federal Reserve has been keeping its main interest rate at a two-decade high to slow the economy enough to stifle high inflation.
In energy trading, benchmark U.S. crude gained 41 cents to $68.16 a barrel. Brent crude, the international standard, added 29 cents to $71.90 a barrel.£52m man details exactly what Maresca asked him to do against Bournemouth
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hong Kong Halts Morning Stock Trading as Typhoon Nears China(Bloomberg) -- Hong Kong scrapped morning trading of its $4.9 trillion stock market as the city extends a storm warning due to Super Typhoon Yagi, which...
Read more »
Queen’s professor Alvin Y.H. Cheung sounded alarm about China’s threat to Hong KongAn expert on authoritarianism and the rule of law, he warned prophetically that Beijing’s frequent legal encroachments in the former British colony made its democratic prospects dim
Read more »
Hong Kong to Raise Alert Level as Super Typhoon Nears China(Bloomberg) -- Hong Kong will issue its third-highest storm warning later Thursday as Super Typhoon Yagi skirts the city and tracks toward southern China...
Read more »
PwC Probe Spotlight Shifts to Hong Kong After Record China Fine(Bloomberg) -- The focus of a lengthy probe into PricewaterhouseCoopers LLP’s China business now shifts to Hong Kong after the accounting firm was hit with a...
Read more »
Alibaba to Upgrade Hong Kong Listing to Tap Chinese Traders(Bloomberg) -- Alibaba Group Holding Ltd. shareholders have approved a plan to upgrade its Hong Kong listing to primary status on Aug. 28, a maneuver...
Read more »
What's at stake as 2 Hong Kong journalists await a verdict in their sedition trial?HONG KONG (AP) — Two journalists who led a now-shuttered Hong Kong online news outlet will hear a verdict in their sedition case on Thursday, in a trial...
Read more »