Wednesday, October 30, 2024

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US 30-year mortgage rate slips to 6.13%, refinancing jumps

(Reuters) - The interest rate for the most popular U.S. home loan ticked down to 6.13% last week, the lowest in about two years,...

Futures slip as investors await economic data, Fed rate clues

(Reuters) - U.S. stock index futures slipped on Wednesday, with investors avoiding big bets as they awaited more clues on the health of the...

Morning Bid: US confidence wobble weighs, China buoyed

A look at the day ahead in U.S. and global markets from Mike DolanThe unexpected downturn in U.S. household confidence this month and growing...

BlackRock Sees Growth in Asia Infrastructure to Support AI Boom

(Bloomberg) -- BlackRock Inc. sees huge growth opportunities in Asia for infrastructure to support a boom in artificial intelligence that’s also spurring energy and...

US Dollar Edges Closer to Erasing All of This Year’s Gains

(Bloomberg) -- The US dollar is on the verge of erasing all of its gains this year on bets the Federal Reserve will slash...

Stock market today: World shares waver as China-led rally fades

A brief China-led rally has faded, leaving shares in Europe and Asia mixed on Wednesday after a strong start that had extended overnight gains...

New World Weighs Replacing Billionaire Heir Adrian Cheng as CEO

(Bloomberg) -- New World Development Co., the Hong Kong property developer owned by the billionaire Cheng family, is considering replacing third-generation scion Adrian Cheng...

Asian Development Bank raises growth forecast for region, but warns of risks from trade sanctions

Developing economies in Asia are forecast to grow at a 5.0% annual pace this year, helped by a strong U.S. economy and surging demand...

Drought in Brazil, Vietnam highlight climate change’s impact on coffee: experts

Climate change is driving and intensifying extreme weather in the world’s major coffee-producing countries, jeopardizing future crops and putting pressure on global prices.“Coffee is...

Norinchukin’s Bond Losses Will Be Examined by Outside Experts

(Bloomberg) -- Japan’s farm ministry said a panel of outside experts will examine how Norinchukin, the country’s largest agricultural bank, racked up huge paper...

Stock market today: Asian shares extend gains after China-driven rally

A China-led rally faded Wednesday, leaving Asian shares mixed after a strong start that extended gains overnight on Wall Street.Chinese property developers surged after...

Australia’s treasurer will visit China this week in the latest sign that bilateral ties are mending

MELBOURNE, Australia (AP) — Treasurer Jim Chalmers will this week become the first Australian government minister in that key economic role to visit China...

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