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Japan’s Nikkei Rise Amid Fed Rate Cut Hopes

Stocks in Japan rose on Monday amid rising bets of the U.S. Federal Reserve introducing rate cuts early next year. These bets also propelled the Nasdaq Composite and S&P 500 as they continued their winning streak last week, thereby overshadowing concerns over shipping companies...

Asian and European Stocks Rise as Japanese Interest Rates Remain Unchanged

Stocks across Asia and Europe rose during early trading on Tuesday after the Bank of Japan (BOJ) decided to keep its interest rates unchanged. The Japanese yen slumped 1.3% to a one-week low against the US dollar while global treasuries declined as well, with...

Toshiba Going Private After $14 Billion Takeover

Electronics conglomerate Toshiba Corporation announced on Thursday that the company is set to go private after the success of a $14 billion tender offer from private equity firm Japan Industrial Partners (JIP). The private equity firm's offer sees them acquire a 78.65% share of...

Asian Stocks Slip, Dollar Strengthens Amid Growth Concerns

Equities in Asia declined on Tuesday after stuttering economic growth in China and Europe spurred growing concerns about the future trajectory of global economies. The U.S. dollar was on the rise as investors reflected on the increased likelihood that the Federal Reserve would continue...

Japanese Stocks Rise Amid US Optimism

Japanese stocks rose on Monday morning as investors became more confident that the US economy is more likely to avoid an impending recession. The Nikkei 225 was up 0.7%, reaching a one-month high, while the Topix advanced 1.02% to 2,368.29, its highest level in the...

Global Stocks Head Towards Worst Month Of 2023

Global stocks edged higher on Wednesday as data suggested that U.S. inflation is cooling. Still, they remain on course for their worst monthly performance of the year. MSCI's broadest index of global shares edged 0.2% higher during early trading amid increased Chinese measures to...