News Editor
Aussie retailers in for more pain as high interest rates squeeze...
Australian retailers are in for a sombre period this fiscal year as high interest rates squeeze household budgets, especially for discretionary spending, Citigroup (NYSE:C) said on...
Rare earth stocks surge amid U.S.-China trade war fears
Rare earth mining stocks saw strong gains this week after China announced some export curbs on chipmaking metals to the U.S., raising concerns that...
Asia FX sinks after hawkish Fed minutes, dollar strong
Most Asian currencies fell on Thursday, while the dollar held recent gains as the minutes of the Federal Reserve’s June meeting showed that policymakers...
European stock futures lower; hawkish Fed minutes weigh
European stock markets are expected to open lower Thursday, with risk sentiment hit by the release of hawkish minutes of the Federal Reserve’s June...
Binance Australia’s offices searched amid regulatory scrutiny
TL;DR Breakdown
Binance Australia's offices have been searched by the ASIC as part of an ongoing investigation into the company's dissolved local derivatives operation.
The probe...
4 big analyst picks: Goldman Sachs warming to Netflix
Netflix gets upgraded by Goldman Sachs
Goldman Sachs upgraded Netflix (NASDAQ:NFLX) to Neutral from Sell and raised its price target to $400.00 from $230.00.
In its...
Teamsters says UPS has walked away from contract negotiations
The union representing roughly 340,000 U.S. drivers, package handlers and loaders at United Parcel Service (NYSE:UPS) said on Wednesday the parcel delivery firm had "walked away...
‘Top dog in Asia’: Nikkei’s stellar rise starts drawing big money
TOKYO (Reuters) - A tailwind behind Japanese stocks is strengthening as large foreign funds who have been avoiding the market for decades start to...
Dollar gains as a safe haven ahead of Fed minutes
The U.S. dollar edged higher in early European hours Wednesday as weak Chinese activity data hit risk sentiment ahead of the release of minutes...
European stocks lower; sentiment hit by signs of global slowdown
European stock markets weakened Wednesday, with investors fretting over further indications of China's faltering economic recovery ahead of the release of key regional services...
