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Maersk raises guidance again as Red Sea attacks boost rates
AP MOLLER-MAERSK, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by...
Strong US economy and ‘Trump trades’ boost dollar
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming presidential election continued to...
Strong US economy and ‘Trump trades’ boost greenback
THE US dollar climbed on Monday (Oct 21) and cryptocurrency Bitcoin hit a three-month high as a rise in US bond yields and the looming presidential election continued to...
US: Nasdaq, S&P 500 open higher on tech boost
The S&P 500 and the Nasdaq opened higher on Friday (Oct 18), lifted by advances in technology shares, while the Dow Jones Industrial Average edged lower.The Dow Jones Industrial...
UK proposes easing banker bonus rules to boost competitive edge
SENIOR British bankers will be able to cash in bonuses up to three years sooner under proposals unveiled by the Bank of England on Thursday (Oct 18), as it...
US: S&P 500 opens at record high on retail sales data, chip stocks boost
Wall Street’s main indexes jumped on Thursday (Oct 17), with the S&P 500 notching up a record high as an upbeat forecast from TSMC boosted semiconductor stocks, while a...
Roche will boost in-China production for local market: CEO
ROCHE Holding will add manufacturing capacity in China to serve the country’s growing market, making it the latest pharmaceuticals giant to split some of its production as US-China trade...
RBA to boost risk assessment when deploying unconventional tools
AUSTRALIA’S central bank will strengthen its assessment of potential risks when deploying an unconventional monetary policy, assistant governor Christopher Kent said following a review of a cheap lending programme...
