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Asian stocks mixed as markets wait for China policy briefing
Asian stocks were mixed on Friday as Chinese markets declined as investors await a key briefing about the details of the upcoming stimulus plan this weekend. U.S. futures rose while oil prices were
China’s Stimulus Barrage Draws Out Cautious House Hunters
State media reported a jump in home viewings and sales during a recent holiday period, but hesitancy remains among prospective buyers after a long real-estate slump.
South Korea's central bank cuts rates in a bid to boost the economy
South Korea’s central bank on Friday cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household
Russia’s Oil Keeps Flowing Despite Sanctions. That’s Exactly How the U.S. Wants It.
In order to avoid shocks to the energy sector, the U.S. and other Western nations maximized sanctions over the war with Ukraine without hurting Russia’s oil industry.
Global trade at risk as tensions escalate in South China Sea
Rising naval tensions in the South China Sea are increasingly posing risks to some of the world’s most vital shipping lanes, experts warn.
Marburg’s Global Risk Almost Eliminated by Rwanda’s Quick Response
The risk of international spread from Rwanda of the highly virulent Marburg disease is almost zero as the East African nation’s quick and highly co-ordinated response has brought its first-ever
New Zealand Shares Rise 0.7% to Best Close Since 2022
New Zealand’s NZX-50 rose 0.7% to 12845.64, rounding out a second straight weekly gain and marking the highest closing level since January 2022.
Stellantis Ousts CFO in Effort to Stabilize Reeling Business
Stellantis NV is replacing its finance chief as part of a broad management overhaul, a dramatic step by the automaker to try to regain investor trust and stabilize its deteriorating business.
Ten-Year U.S. Treasury Yield May Extend Uptrend
The 10-year Treasury yield may extend its uptrend, based on charts, UOB said, after the yield rose above the resistance at the top of the daily Ichimoku cloud and closed at its highest level in 2.5
Musk Shows Tesla Cybercab, Sees Sub-$30,000 Cost and 2026 Production
Elon Musk unveiled prototypes of a long-awaited Tesla Inc. robotaxi called Cybercab, saying production may start in 2026 and that the vehicle could cost less than $30,000.
Novo and Eli contender Zealand Pharma heralds its obesity drug alternative: It's our 'crown jewel'
Danish biotech Zealand Pharma is targeting the "next generation" of weight loss drugs as competitors pile into a market dominated by heavyweights Novo Nordisk and Eli Lilly.
Israel Yet to Reach Iran Decision as It Steps Up Beirut Strikes
Israel’s government has yet to decide how to retaliate against Iran for a missile attack last week, according to an Israeli official familiar with the matter.
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