
Inflation Nears Fed’s 2% Target as Donald Trump's Economic Polling Advantage Shrinks
Sep 29, 2024 00:56 am UTC| Economy
The Federal Reserves preferred inflation measure showed a further decrease, nearing its 2% target, as price pressures ease. With inflation subsiding, the Fed is expected to continue rate cuts, while former President Donald...

Japan’s Business Leaders Anticipate Economic Growth Boost Under New Prime Minister Ishiba
Sep 29, 2024 00:49 am UTC| Economy Politics
As Shigeru Ishiba prepares to take over as Japans next prime minister, business leaders are hopeful that his administration will implement policies to accelerate the nations economic recovery. With wage increases and...

Global Active ETF Assets Hit Record $1 Trillion Amid Regulatory Changes and Innovation
Sep 28, 2024 09:31 am UTC| Economy
Global active ETF assets reached a milestone $1 trillion in August, according to ETFGI, driven by regulatory shifts and diverse product offerings. Analysts expect accelerated growth in the coming years.* Regulatory...

TD Bank Nears Guilty Plea Over U.S. Money Laundering Allegations
Sep 28, 2024 09:17 am UTC| Economy Law
TD Bank is reportedly nearing a guilty plea regarding criminal charges alleging that its U.S. retail banking arm failed to curb money laundering, according to The Wall Street Journal. The alleged laundering activities are...

UBS: China’s Stimulus Measures Could Boost Struggling Economy
Sep 28, 2024 08:57 am UTC| Economy
Chinas recent stimulus measures are being viewed as a potential turning point for its struggling economy, according to analysts at UBS. Amid slowing economic momentum and mounting deflationary pressures, Chinas top...

Mizuho Analysts Shift Top Semiconductor Pick to ASML, Highlight Compelling Upside Potential
Sep 28, 2024 08:37 am UTC| Economy
Mizuho Securities has shifted its top semiconductor stock pick from Taiwan Semiconductor Manufacturing Company (TSMC) to ASML Holding N.V. (AS: ASML), citing a more attractive risk-reward profile as the stock lags behind...

Nvidia Shares Fall as China Pushes for Domestic AI Chips Over U.S. Tech
Sep 28, 2024 08:01 am UTC| Economy
Nvidia Corporation (NASDAQ) saw its shares fall on Friday after reports emerged that Chinese regulators are encouraging local companies to buy artificial intelligence (AI) chips made in China rather than those produced by...