Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
[ECB] Monetary policy decisions 07/05/2018
The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively
[CNBC] The Fed is looking clueless about economic growth that is in the late inn... 04/05/2018
Recent signs in the economy are pointing to late-stage business cycle activity rather than the Goldilocks environment indicated by the Federal Reserve, Ron Insana says.
[FED] Federal Reserve issues FOMC statement 03/05/2018
Committee decided to maintain the target range for the federal funds rate at 1-1/2 to 1-3/4 percent.
[Reuters] North and South Korea pledge to end war, seek denuclearization 03/05/2018
The summit of Kim Jong Un and Moon Jae-In was the first between the leaders of North and South Korea in more than a decade.
[Reuters] Asia stocks rise as U.S. earnings prop up Wall Street, dollar solid 26/04/2018
TOKYO (Reuters) - Asian stocks rose on Thursday as robust corporate earnings helped Wall Street quell concerns about the surge in U.S. bond yields, while the dollar hovered near 3-1/2-month highs against a basket of currencies.
[Bloomberg] Asia's Top Stock Market Is Having Its Worst Month in Two Years 24/04/2018
Asia’s best performing stock market is having its worst month in more than two years, with a $14 billion loss in the value of Vietnam’s equities since April 6’s record high.
[Reuters] Resource stocks rally as oil surges, bonds suffer 19/04/2018
SYDNEY (Reuters) - Resource stocks were on a roll in Asia on Thursday as oil prices hit heights not seen since late 2014, though the potential boost to inflation globally also pressured fixed-income assets.
[Bloomberg] OPEC-Russia Talks Set to Keep Oil Cuts Even as Glut Vanishes 18/04/2018
Crude price gains bring windfall revenues for oil exporters
[RBA] Statement by Philip Lowe, Governor: Monetary Policy Decision 12/04/2018
Board decided to leave the cash rate unchanged at 1.50 per cent.