Week
Europe: Chip stocks slip, keeping shares muted ahead of data-heavy week
EUROPEAN shares were broadly flat in quiet trading on Monday, with semiconductor stocks leading the technology sector lower as investors looked ahead to several key economic data releases this...
SAS cabin crew go on strike in Norway, more strike action next week
Cabin crew at Scandinavian airline SAS in Norway went on strike on Friday (Aug 23) to press demands for better salaries and working conditions after wage talks broke down...
US: S&P 500 ends up, little changed for week after Monday’s steep selloff
THE S&P 500 ended higher on Friday (Aug 9) and was little changed for the week after regaining almost all of its losses from Monday’s steep dive that was...
US: Wall Street opens lower at end of turbulent week
Fed officials’ dovish signals following a report of a resilient labour market keep losses in checkWall Street’s main indexes opened lower on the last day of a turbulent week,...
Investors bet on RBNZ rate cut next week amid global repricing
INVESTORS and some economists now expect New Zealand’s central bank to start cutting interest rates next week as markets globally ramp up bets on imminent monetary policy easing.The Reserve...
Bitcoin drops below US$59,000 after worst week since FTX collapse
BITCOIN is under pressure from a bout of risk aversion in global markets that saddled the largest digital asset with its heftiest weekly loss since the collapse of the...
Bitcoin sinks 10%, extending losses after worst week since
BITCOIN is under pressure from a bout of risk aversion in global markets that saddled the largest digital asset with its heftiest weekly loss since the collapse of the...
Crypto executives to meet with White House advisers next week
EXECUTIVES from the cryptocurrency industry are planning to meet with White House aides and Representative Ro Khanna next week to discuss concerns around digital assets and propose policy changes...
