Japan’s Finance Minister Shunichi Suzuki signaled the readiness to address the weakening yen, a pressing issue that has raised substantial concern due to its impact on import costs. Speaking to the parliament, Suzuki conveyed the Read more…
Addressing the parliament today, BoJ Governor Kazuo Ueda said while changes in inflation projections could necessitate a shift in monetary policy, the BoJ currently has no “preset idea on the specific timing and pace” of Read more…
Japan’s PMI Manufacturing rises from 48.2 to 49.9 in April, above expectation of 48.0, signalling a near-stabilization of manufacturing business conditions. PMI Services rises from 54.1 to 54.6, highest since May 2023. PMI Composite also Read more…
Australia’s PMI Manufacturing has nearly reached the neutral mark in April, jumping from 47.3 to 49.9. PMI Services edged higher from 54.2 to 54.4, contributing to PMI’s Composite rise from 53.3 to 53.6, marking a Read more…
With so many up-and-coming industries, companies, and people leading those companies, it’s hard to gauge the contenders and pretenders. Renowned journalist Kara Swisher joined TheStreet to share which industries and names she’s keeping her eye Read more…
The U.S. logistics industry has been battling with financial distress this year with companies filing for Chapter 7 bankruptcy to liquidate, Chapter 11 reorganization, downsizing operations or just shutting down operations. In some cases, lawsuits Read more…
Key Highlights EUR/USD is consolidating losses above the 1.0600 support. A key bearish trend line is forming with resistance at 1.0670 on the 4-hour chart. GBP/USD extended losses and traded below 1.2420. Crude oil prices Read more…
This probably wasn’t what The Doors meant when they sang, “c’mon on, baby, light my fire.” The legendary rock band’s 1967 signature song was about turning people on instead of actually lighting things on fire. Read more…
Over the years, the Transportation Security Administration (TSA) has stopped travelers trying to transport everything from dead carcasses of animals to a cattle prod stuffed inside a guitar case and drugs sewn inside a hair Read more…