European Central Bank holds rates steady as economy shows resilience
The European Central Bank has kept interest rates on hold, as expected, at its latest meeting on Thursday.The central bank...
Central banking
SoftBank shares soar 13% after it agrees to buy ABB robotics unit for $5.4 billion
Shares of SoftBank jumped as much as 13% Thursday, a day after the Japanese giant announced a deal to buy...
Divided Fed officials saw another two interest rate cuts by the end of 2025, minutes show
Federal Reserve officials in September were strongly inclined to lower interest rates, with the only dispute seeming to be over...
New Zealand delivers outsized cut, bringing policy rate to over 3-year low in bid to boost growth
The Reserve Bank of New Zealand (RBNZ) building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023.Mark Coote | Bloomberg...
Japan's Nikkei 225 hits record high for second straight day after Wall Street gains on AMD rally
Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise.pongnathee kluaythong |...
Chicago Fed President Goolsbee 'a little wary' about cutting interest rates too quickly
Chicago Federal Reserve President Austan Goolsbee said Friday he's leery of cutting interest rates too quickly as threats increase both...
South Korea's Kospi hits record high as Samsung and SK Hynix soar on OpenAI partnership
The Seoul skyline.Mongkol Chuewong | Moment | Getty ImagesSouth Korea's Kospi index jumped more than 3% Thursday to hit an...
Cleveland Fed President Beth Hammack talks interest rates and inflation on CNBC
Cleveland Federal Reserve President Beth Hammack joins CNBC's "Squawk Box Europe" on Monday morning to discuss the likelihood of further...
Fed Governor Stephen Miran pushes case for central bank to slash key interest rate
Less than a week after taking his seat, Federal Reserve Governor Stephen Miran on Monday outlined the reasons why he...
Asia-Pacific markets rise ahead of China's loan prime rate decision
TOKYO, JAPAN - JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan....
Fed Governor Miran says he did not tell Trump how he would vote on rates this week
Federal Reserve Governor Stephen Miran told CNBC on Friday that he spoke only briefly to President Donald Trump before this...
Here are five key takeaways from the Fed's big interest rate decision
U.S. Federal Reserve Chair Jerome Powell walks away at the end of a press conference, following the issuance of the...
Fed approves quarter-point interest rate cut and sees two more coming this year
WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on...
Asia markets set to open lower as investors watch U.S.-China talks in Spain
Shanghai urban skyline and the bund, China.Comezora | Moment | Getty ImagesAsia-Pacific markets were set to open lower as investors...
European Central Bank leaves rates unchanged as tariff fallout lingers
The European Central Bank held interest rates steady on Thursday as economic uncertainty persists in the wake of U.S. Donald...
Japan's Nikkei 225 hits a new high as SoftBank surges nearly 10%
Japan's benchmark Nikkei 225 notched a record high of 44,251.65 on Thursday, mirroring gains on Wall Street overnight on Fed-rate...
Asia-Pacific markets track Wall Street gains as Fed rate-cut hopes rise
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024.Cfoto | Future Publishing | Getty ImagesAsia-Pacific markets...
Asia-Pacific markets open higher after Trump formalizes lower Japanese auto tariffs
Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan,...
Euro zone inflation rises to hotter-than-expected 2.1% in August
European consumers are facing higher prices when going to the supermarket.Andia | Universal Images Group | Getty ImagesEuro zone inflation...
Bank of Korea keeps rates unchanged on Seoul’s housing market risks; upgrades GDP and inflation forecasts
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city,...
