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Investing.com– Gold prices rose in Asian trade on Wednesday, although gains were limited by strength in the dollar as uncertainty over the U.S. presidential race and anticipation of a Federal Reserve meeting kept traders on edge. Industrial metals, however, were nursing deep declines, with copper prices trading at a near…
Investing.com– Gold prices moved little in Asian trade on Tuesday, hovering around 11-day lows as traders sought more clarity on U.S. politics and monetary policy, especially ahead of a Federal Reserve meeting next week. Among industrial metals, copper prices fell on Tuesday, extending steep losses in recent sessions amid growing…
By Mike Stone WASHINGTON (Reuters) – The U.S. Air Force’s ambitious next-generation fighter jet program, envisioned as a revolutionary leap in technology, could become less ambitious as budget pressure, competing priorities and changing goals compel a rethink, defense officials and industry executives said. Initially conceived as a “family of systems”…
By Tim Hepher, David Shepardson and Rachel More FARNBOROUGH, England (Reuters) – A humbled aerospace industry holds its annual festival next week struggling to meet demand because of a crisis inside its plants. For decades a venue for planemakers led by Airbus and Boeing (NYSE:) to boast about billions of…
By Yantoultra Ngui and Selena Li SINGAPORE/HONG KONG (Reuters) – China International Capital Corp (CICC) plans to expand its presence in Southeast Asia by opening offices in countries including Indonesia and Malaysia, said its investment banking head, as a slump in deals at home hurts its prospects. Founded in 1995,…
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks and bonds remained relatively buoyant after last week’s action-packed macro week with world markets drawn more to French political uncertainty and the deepening Chinese homeprice bust. With trouble brewing overseas, Wall Street stock…
The banking sector faces a pressing issue: many banks are struggling to expand their credit due to sluggish deposit growth. Normally, raising deposit rates to attract more deposits, particularly from wholesale segments, would be the go-to solution. However, under current regulations, wholesale deposits are less appealing due to their significant…
Moments after those 34 “guilties” rolled in on Thursday — making him the first former president convicted of a felony — Donald Trump was handed two copies of a standard New York City Department of Probation form.Titled “Court Order for Investigation and Report,” it would have been quickly filled out…
By Ankika Biswas and Lisa Pauline Mattackal (Reuters) – The tech-heavy Nasdaq climbed on Thursday as investors cheered AI chip leader Nvidia (NASDAQ:)’s blowout revenue forecast, but persistent worries about U.S. inflation limited gains in the broader U.S. market. Certain chipmakers and AI-related stocks also rode the coattails of a…
Investing.com– Asian stocks were a mixed bag on Monday as Japanese markets rebounded from sharp losses seen last week, while Chinese stocks fell amid renewed concerns over the country’s property market. Broader Asian markets moved in a tight range as sentiment still remained fragile in the face of waning confidence…
