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SYDNEY (Reuters) -Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the second-largest globally with a larger share of investments going abroad, a top central banker said on
BEIJING (Reuters) -China's steel exports are set to hit an all-time high this year, defying predictions that unprecedented trade barriers would drive down shipments, and threaten to provoke an even fiercer protectionist backlash against the world's domina
Lawmakers voted 48-47 to allow Trump ally Stephen Miran to serve as a governor at the central bank for a term that ends in January. He’ll likely attend an interest rate-setting meeting Tuesday.
Feed millers in Vietnam are taking advantage of bargain prices with rare purchases of Canadian canola meal after China, its traditional buyer, curbed imports by imposing hefty anti-dumping duties earlier this year, three traders said on Tuesday. Vietname
New Delhi (Reuters) -Gold's stellar rally to successive record highs shows every sign of continuing for the rest of the year, but a healthy correction is on the cards before breaching the $4,000 per ounce milestone in 2026, traders and industry experts sa
A three-judge panel voted 2-1 to reject President Donald Trump’s request to uphold his firing of the central bank governor. That means Cook will attend a Tuesday interest rate-setting meeting.
While the Nasdaq 100 (^NDX) is filled with cutting-edge technology and consumer companies, not all are on solid footing. Some are dealing with declining demand, high costs, or regulatory pressures that could limit future upside.
The U.S. Federal Reserve kicks off its two-day policy meeting later on Tuesday where an interest rate cut is all but priced in, at a time when the central bank faces unprecedented pressure from the White House over the direction of monetary policy. The U
The company keeps running into setbacks in this important market.
HANOI (Reuters) -Vietnamese airline VietJet is set to take delivery of its first Boeing 737 MAX aircraft more than nine years after placing an order, company and state documents show, as Hanoi continues talks with the U.S. on tariffs. The move comes afte
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how reinsurance stocks fared in Q2, starting with Fidelis Insurance (NYSE:FIHL).
NEW YORK/TOKYO (Reuters) -The Japanese founder of fashion brand Uniqlo said on Monday the U.S. may bear the highest price from the impact of tariffs on global trade. Tadashi Yanai, Japan's richest man and the chief executive of Uniqlo operator Fast Retai
SINGAPORE (Reuters) -Asia stocks climbed on Tuesday while the dollar was on the back foot as investors bet the U.S. Federal Reserve would resume its easing cycle this week and potentially leave the door open to further rate cuts. Markets hardly reacted t
Sen. Bernie Sanders (I-Vt.) said on Sunday that Congress should reverse what he called \\
If successful, it would be Tencent’s first-ever sale of dim sum notes and its first bond offering in any currency since April 2021, according to data compiled by Bloomberg. The newly priced securities would add to Tencent’s existing $17.75 billion in out