US inflation
The US Labor Department said on Wednesday that consumer prices in February rose at the fastest rate in six months. Economists forecast core inflation to reach 2.5 per cent in the spring, but said the increa...
New report
The Labor Ministry's report of 379,000 new jobs added outside agriculture beat economists' forecast of 182,000. This is more than double the number added in January. Stock indices rose.
Major US stock indices rose before the opening of t...
Falling again
The Fed chairman did not express concern that Treasury yields are at their highest level since the start of the pandemic. Investors, in turn, are concerned about this Fed stance because of the risks of inflatio...
U.S. unemployment
The number of jobless claims in the USA fell sharply last week to a three-month low. Retail sales data, lower COVID-19 cases and vaccination also added to the optimism. However, winter s...
U.S. stock market
US stock indices showed no unified dynamics in Wednesday's trading, with the Dow Jones Index hitting a record high.
The Dow Jones Industrial Average climbed 61.97 points (0.2 per cent) to 31437.8 points. The Standard Poor's 500 fe...
Asian markets rally
Asia-Pacific stock indices were broadly up on Thursday morning as they continue to wait to see whether the US Congress can come to a consensus on the latest stimulus measures.
Japan's Nikkei 225 index was up 0.09% by 9:56pm ET (...
Digital yuan
Almost 20,000 digital yuan (DCEP) transactions on online retailer JD.com were made by users in the first 24 hours after an experiment began in Suzhou, the Global Times reported.
Municipal authorities handed out 100,000 "red envelo...
Termination of the Fed lending programme
Dow Jones and the S&P 500 have declined following Steven Mnuchin's announcement that key lending programmes will expire on 31 December as most of the funding has not been used by businesses and should be ...
The Fed acts with caution until the results of the American presidential election
On Thursday, Fed Chairman Jerome Powell spoke after a meeting of the Federal Open Market Committee (FOMC), reporting on the Central Bank's position...
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