Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Bloomberg |
Singaporean Prime Minister Lee Hsien Loong warned that Southeast Asian nations may one day have to choose between the U.S. and China, as concerns deepen about a Cold War-style conflict between the world’s biggest economies.
Bloomberg |
The latest warning on consumer appetite for electronics came from Lumentum Holdings Inc., an Apple supplier that said a top customer asked to “meaningfully reduce shipments” for previously placed orders.
Committee decided to maintain the target range for the federal funds rate at 2 to 2-1/4 percent.
Bloomberg |
The Democratic takeover of the House of Representatives cripples his conservative agenda and opens the way for unfettered investigations into his scandal-plagued administration, his presidential campaign and his family’s business empire.
Reserve Bank of Australia |
Reserve Bank of Australia decided to leave the cash rate unchanged at 1.50 per cent.
Reuters |
Bank of Japan Governor Haruhiko Kuroda said the central bank was aware that prolonged ultra-loose monetary policy could squeeze financial institutions’ margins and potentially destabilize the country’s banking system.
Bloomberg |
Ceasefire may be best hope for upcoming meeting in Argentina; Trump says he and Xi ‘getting much closer to doing something’, Inc |
North America usually start daylight saving time in March or April and end the usage in October through November.
Bank of England |
Our Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.75%. The committee also voted unanimously to maintain the stock of corporate bond purchases and UK government bond purchases.
Bloomberg |
Offshore yuan holding gains on China stimulus, trade hopes