WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its…
Tokyo is one of the most densely populated cities in the world, while rural areas of Japan are suffering with ageing populations and declining birth rates. Prisma by Dukas / Contributor / Getty Images Asia-Pacific markets opened lower Wednesday, tracking Wall Street losses as investors awaited the key monetary policy decision from the U.S. Federal…
Shanghai urban skyline and the bund, China. Comezora | Moment | Getty Images Asia-Pacific markets were set to open lower as investors kept an eye on the talks between the U.S. and China in Spain, and await a slate of data from Beijing. U.S. and Chinese officials began talks in Madrid Sunday to discuss key…
Asia-Pacific markets opened mixed Thursday after Wall Street continued to reach record highs over Fed-rate cut hopes and positive inflation data. Japan’s benchmark Nikkei 225 rose 0.23% in early trade, while the Topix index retreated 0.18%. South Korea’s Kospi advanced 0.67%, and the small-cap Kosdaq was up 0.2%. Over in Australia, the ASX/S&P 200 declined…
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets opened mostly higher Wednesday ahead of key August inflation data from China. The mainland’s August consumer price index is expected to fall 0.2% from the previous year, according to economists polled by Reuters,…
Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan, on December 24, 2013. Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets opened higher Friday after U.S. President Donald Trump signed an executive order Thursday formalizing a lower Japanese auto import tariff of 15%,…
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images South Korea’s central bank kept its policy rate unchanged at 2.5% for its second straight meeting to assess housing prices in the capital further, after prices…
Jerome Powell, chairman of the US Federal Reserve, left, and Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Wednesday, June 25, 2025. Al Drago | Bloomberg | Getty Images The Federal Reserve on Tuesday said it would abide by any court decision on…
Lisa Cook, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. Al Drago | Bloomberg | Getty Images Federal Reserve Board Governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, her atto“rney said Tuesday. “President Trump has no authority…
Lisa Cook, governor of the Federal Reserve, speaks during a Fed Listens event in Washington, D.C., on March 22, 2024. Al Drago | Bloomberg | Getty Images President Donald Trump on Monday said he had fired Federal Reserve Board Governor Lisa Cook, an unprecedented and dramatic escalation of his attacks on the U.S. central bank’s independence over…
