World Business News
Gold price flat-lines above one-week low, awaits the crucial Fed decision on Wednesday
Gold price oscillates in a range and is influenced by a combination of diverging forces. Hawkish Fed expectations, elevated US bond yields and a bullish [more]
Taiwan central bank chief says inflation will be above 2% this year, but lower than 2023
Advertisement Business FILE PHOTO: New Central Bank Governor Yang Chin-long attends the inauguration ceremony in Taipei, Taiwan February 26, 2018. REUTERS/Tyrone Siu/File Photo 19 Mar [more]
Nippon Steel pledges to move US HQ to US Steel’s Pittsburgh
Nippon Steel’s proposed US$15-billion takeover of US Steel has drawn sharp criticism in the US.PHOTO: AFPNIPPON Steel would move its United States headquarters to Pittsburgh [more]
USD/CAD consolidates around 1.3540, focus on Canada’s CPI data
USD/CAD exhibits sideways movement with a positive bias to extend gains. Fed could uphold its elevated interest rates to curb inflationary pressures. Canadian Consumer Prices [more]
Nvidia: US tech giant unveils latest AI chip
The firm has benefited from the AI boom, making it the third-most valuable company in the US. Read More
Binance tasks prime brokers with checks to root out US investors
BINANCE has asked prime brokers to run more stringent checks to keep United States investors off the crypto exchange in the fallout from last year’s [more]
USD/INR extends rally, investors await Fed rate decision
Indian Rupee loses traction on Tuesday amid a stronger USD. Fed is expected to hold rates steady in the range of 5.25%–5.50% at its March [more]
Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year – Markets and Prices Bitcoin News
Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. Read More
Mitsubishi, 7 others to form coalition to promote electric natural gas
Advertisement Business FILE PHOTO: The logo of Mitsubishi Corp is pictured at its head office in Tokyo, Japan August 2, 2017. REUTERS/Kim Kyung-Hoon/File Photo 19 [more]
Gold flat as market focus turns to US Federal Reserve meeting
Higher interest rates reduce the appeal of holding non-yielding gold.PHOTO: REUTERSGOLD prices were flat on Tuesday (Mar 19) as investors stayed on the sidelines ahead [more]
Edward Snowden Says This Is Who Prevailed In Elon Musk, Don Lemon Interview Resembling ‘Emptying a Drawer of Knives – Tesla (NASDAQ:TSLA)
Loading...Edward Snowden, the former NSA contractor and whistleblower, recently shared his perspective on the much-discussed interview between Elon Musk and Don Lemon.What Happened: On Monday, [more]
Mastercard expands remittances reach in new pact with Alipay
Alipay caters to more than a billion consumers in China.PHOTO: REUTERS Mastercard MASTERCARD is broadening its reach in cross-border remittances through its partnership with Alipay, [more]
Japanese Yen slides to near two-week low against USD ahead of BoJ policy decision
The Japanese Yen continues losing ground amid reduced bets for a BoJ policy pivot. Hawkish Fed expectations underpin the USD and further lend support to [more]
Manulife US Reit manager names new CEO, CFO amid leadership exodus
Outgoing CEO Tripp Gantt is resigning due to “pressing family needs that require his full time and attention”, the manager says.PHOTO: MANULIFE US REIT Manulife [more]
Is Boeing Headed For A Buffett Bailout? Activists Want CEO Removed
In the corporate world, history's tendency to repeat itself is unmistakable, yet it often reappears under a new guise, particularly in the cyclical downfalls of [more]
Nvidia expands ties with Chinese EV makers as auto AI race heats up
BYD, which overtook Tesla last year as the world’s No. 1 electric vehicle manufacturer, will use Nvidia’s next generation of in-vehicle chips, called Drive Thor, [more]
Trump Wants To Know If Cassidy Hutchinson Will Be Prosecuted For Her Limo Testimony: She’s Totally ‘Crushed’
Loading...In a recent development, Donald Trump has called for the prosecution of ex-White House aide Cassidy Hutchinson, who said that the former president attempted to [more]
Google Cloud Teams Up With NVIDIA To Harness Chip Maker’s Grace Blackwell Platform For AI Breakthroughs – Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN)
Loading...Alphabet Inc.’s GOOG GOOGL Google Cloud and technology giant NVIDIA Corporation NVDA have expanded their partnership. What Happened: On Monday, after Nvidia CEO Jensen Huang revealed new products [more]
Singapore shares little changed at Tuesday’s open; STI up 0.01%
On the Singapore Exchange, gainers outnumber losers 65 to 35.PHOTO: BT FILE Singapore Stocks SINGAPORE stockswere trading muted on Tuesday (Mar 19) morning, following mixed [more]
Nippon Steel pledges to move US HQ to US Steel’s Pittsburgh
TOKYO : Nippon Steel would move its U.S. headquarters to Pittsburgh where its acquisition target U.S. Steel is based if the deal goes through, an [more]
IMF is lending near record US$150 billion to counter debt and wars
THE International Monetary Fund (IMF) is lending near a record amount to almost 100 countries, evidence of its growing role as a backstop against the [more]
Australian Dollar exhibits sideways movement amid muted ASX 200, RBA decision eyed
Australian Dollar remains tepid ahead of RBA’s policy decisions on Tuesday. Australian S&P/ASX 200 Index experiences thin trading activity due to market caution. US Dollar [more]
China’s Foreign Minister: Ready to work with New Zealand on upgraded version of the free trade agreement
Chinese Foreign Minister Wang Yi, during his visit to New Zealand on Tuesday, said that “China is ready to work with New Zealand to implement [more]
PBoC sets USD/CNY reference rate at 7.0985 vs. 7.0943 previous
On Tuesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0985 as compared to the previous [more]