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SNB Cuts Key Rate by Half Point in a Show of Force on Franc

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(Bloomberg) -- The Swiss National Bank halved its interest rate with a 50 basis-point cut, unexpectedly ratcheting up easing to...
Bussiness

Danger for Yen Emerges With Speculation BOJ May Stand Pat Longer

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(Bloomberg) -- A new risk for the yen is emerging, with currency strategists in Tokyo warning that there’s a chance...
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Strong Australian Jobs Data Spurs Paring of Rate-Cut Bets

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(Bloomberg) -- Australia’s unemployment rate unexpectedly fell in November as the nation’s golden streak of hiring gains extended, underscoring the...
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Nvidia Steps Up Hiring in China to Focus on AI-Driven Cars

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(Bloomberg) -- Nvidia Corp. has added hundreds of staff in China this year to enhance its research capabilities and focus...
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China’s Weak Winter LNG Demand Provides Relief for Rival Buyers

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(Bloomberg) -- A rapid increase in liquefied natural gas prices has prompted China — the world’s biggest buyer — to...
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Asian Stocks Rise After US Inflation Backs Fed Cut: Markets Wrap

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(Bloomberg) -- Asian stocks rose Thursday after US equities snapped a two-day slide on benign inflation data that supported expectations...
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Yuan Slides on Report China Considering Weaker Currency in 2025

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(Bloomberg) -- China’s yuan slid the most in a week following a report that Beijing is considering allowing the currency...
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Credit Agricole CEO Plays Key Role in Italy’s Banking Deals

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(Bloomberg) -- Philippe Brassac was nearing retirement when a flurry of banking deals in Italy risked throwing his legacy as...
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BOJ Is Said to See Little Cost to Waiting for Next Rate Hike

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(Bloomberg) -- Bank of Japan officials see little cost to waiting before raising interest rates while still being open to...
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Macron Aims to Deter French Far Right With Bid to Avoid Vote

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(Bloomberg) -- French President Emmanuel Macron is seeking to free his government from the stranglehold of National Rally leader Marine Le Pen by piecing...
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Dollar Dips, Asian Stocks Steady Before US CPI: Markets Wrap

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(Bloomberg) -- Asian shares fluctuated as traders await key US inflation data for clues on whether the Federal Reserve will...
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US Steel Drops as Biden Set to Block Nippon Steel Deal

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(Bloomberg) -- President Joe Biden plans to formally block the $14.1 billion sale of United States Steel Corp. to Nippon...
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