economies

 
 

EU finance ministers eye simpler fiscal rules

HELSINKI, Sept 14 — European Union finance ministers were holding a first discussion today about how to simplify the EU’s complex fiscal rules to help make public finances more sustainable and stabilise economies throughout business cycles….


Global stocks, bond yields lifted by US-China trade hopes

EW YORK, Sept 13 — A gauge of global stocks rose for an eighth straight day and benchmark government bond yields climbed yesterday after signs of progress in US-China trade talks, as well as a solid US retail sales report, allayed recession…


S&P edges lower as Apple weighs, trade tensions ease

NEW YORK, Sept 14 — The S&P 500 ended the day down slightly yesterday but less than 1 per cent below its all-time high as a drop in Apple stock countered cooling US-China trade tensions. Tariff-vulnerable industrials helped keep the blue-chip…


Pound jumps on Brexit hopes as global stocks firmer

LONDON, Sept 13 — The British pound hit a seven-week high against the dollar today on easing fears of a no-deal Brexit. Stock markets meanwhile won support after China said some US agricultural products including pork and soybeans would be exempt…


Euro surges as investors see ECB done with stimulus

LONDON, Sept 13 — The euro rocketed to a 17-day high against the dollar today as German government bond yields surged on the back of investors thinking the European Central Bank was done stimulating the ailing euro zone economy after cutting rates…


Survey: Over nine in 10 Singapore employers have trouble hiring, training staff for new technologies

SINGAPORE, Sept 13 — As the government pushes for digital transformation to take root in companies, some obstacles lie in the way, with more than nine in 10 Singaporean employers saying they face challenges in training and hiring staff to…


Trade optimism pressures yen but caution prevails ahead of Fed, BOJ

TOKYO, Sept 13 — The yen was pinned near a six-week low versus the dollar as signs the United States and China were narrowing their differences over trade ahead of key talks decreased demand for safe haven assets. The euro held steady versus the…


Trade optimism pressures yen but caution prevails ahead of Fed, BOJ

TOKYO, Sept 13 — The yen was pinned near a six-week low versus the dollar as signs the United States and China were narrowing their differences over trade ahead of key talks decreased demand for safe haven assets. The euro held steady versus the…


Asian shares advance on US-China trade hopes, ECB stimulus

TOKYO, Sept 13 — Asian stocks advanced today as hints of progress in the US-China trade dispute and aggressive stimulus from the European Central Bank helped to counter worries about a global economic slowdown. MSCI’s broadest index of…


US-China trade war risks driving fed policy, not trump’s carping, say economists

NEW YORK, Sept 13 — The US-China trade war will worsen or at best stay the same over the coming year, according to economists in a Reuters poll who expect the Federal Reserve to cut interest rates next week for the second meeting in a row. The…