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  • Aug 19, 2024

Asian stocks are mixed after Wall Street's best week of the year

Asian stocks were mixed Monday as investors ponder the upcoming meeting of the Federal Reserve, following Wall Street's best week since November with a slight uptick in U.S. stocks Friday. U.S. futures were higher while oil prices dropped. Japan’s benchmark index ended 1.8% lower at 37,388.62 after data showed the core machinery orders, which are used as a leading indicator of capital spending in the coming six to nine months, fell 1.7% year on year in June.

  • Aug 19, 2024

European Stocks Tread Water After Gaining in Best Week Since May

(Bloomberg) -- European stocks marked a subdued start to Monday following last week’s sharp rally, as investors awaited further clues on the US economy from the Federal Reserve’s Jackson Hole economic symposium.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Usin

  • Aug 19, 2024

Getting onboard rail market liberalisation

Laure El Mhadder, Electronics sales director Electronics, and Alain Gorrec, integration advisor, Milexia France, examine the opportunities that arise from rail market liberalisation.

  • Aug 19, 2024

Activists Bought Japan Stocks During Worst Rout Since 1987

(Bloomberg) -- Activist investors took advantage of Japan’s stock rout earlier this month to boost their holdings, seeking more influence over companies ranging from drug makers to construction firms.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Publ

  • Aug 19, 2024

Asia shares underpinned, dollar undermined by dovish Fed wagers

SYDNEY (Reuters) -Asian stocks edged up and the dollar slid on Monday after global equities enjoyed their best week in nine months on expectations the U.S. economy would dodge a recession and cooling inflation would kick off a cycle of interest rate cuts. Federal Reserve members Mary Daly and Austan Goolsbee were out over the weekend to flag the possibility of easing in September, while minutes of the last policy meeting due this week should underline the dovish outlook. Fed Chair Jerome Powell speaks in Jackson Hole on Friday and investors assume he will acknowledge the case for a cut.

  • Aug 19, 2024

As Tech Stocks Rebound, High Hedging Costs Indicate Skepticism

(Bloomberg) -- The recent rebound in US tech stocks isn’t convincing options traders just yet. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitWhile the shares have led market gains since a meltdown earlier this month, the cost of contrac

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