Author: Press Room
Japan stocks lower at close of trade; Nikkei 225 down 0.80% Investing.com – Japan stocks were lower after the close on Thursday, as losses in the , and sectors led shares lower. At the close in Tokyo, the fell 0.80%. The best performers of the session on the were Recruit Holdings Co Ltd (TYO:), which rose 7.21% or 392.00 points to trade at 5,826.00 at the close. Meanwhile, Shin-Etsu Chemical Co., Ltd. (TYO:) added 3.48% or 174.00 points to end at 5,174.00 and Kao Corp. (TYO:) was up 2.33% or 135.00 points to 5,925.00 in late trade. The worst performers…
© Reuters. Investing.com– Gold prices rose above key levels in Asian trade on Thursday, extending gains from the prior session after the Federal Reserve said it was done raising interest rates and projected lower borrowing costs in 2024. The central bank , as widely expected, and said it would likely , citing clear progress towards bringing inflation back within its 2% annual target. The move spurred widespread speculation over the potential timing of the Fed’s cuts, and also sparked steep losses in the , which came close to a four-month low. Gold benefited from this trade, retaking the coveted $2,000…
3D Systems appoints Jeffrey Creech as CFO
Ruby Freeman, a former Georgia election worker, sat in a federal courtroom on Wednesday and told a jury: “Giuliani just messed me up, you know.”She was referring to Rudolph W. Giuliani, who was sitting a few feet from her, as she described how her life has been upended since Dec. 3, 2020. That was the date Mr. Giuliani, then the personal lawyer to President Donald J. Trump, directed his millions of social media followers to watch a video of two election workers in Fulton County, Ga., asserting without any basis that they were cheating Mr. Trump as they counted votes…
Amid a Republican standoff and polarizing politics that puts new aid to Ukraine at risk, President Joe Biden emphasized his administration’s willingness to support Ukraine, but the language was different. He said the US will be there for Kyiv “as long as we can.” It’s a change in tune from previous messaging that the US would be a staunch and fierce ally to Ukraine, aiding it for “as long as it takes” to defeat Russia’s invasion. On Tuesday, Biden and Ukrainian President Volodymyr Zelenskyy addressed reporters on the state of aid to Ukraine, which has been blocked by Republicans in Congress. In his…
Stay informed with free updatesSimply sign up to the World myFT Digest — delivered directly to your inbox.This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get it sent straight to your inbox every weekday morningGood morning.Vladimir Putin’s war in Ukraine is damaging Russia’s economy, driving up domestic consumer prices and forcing Moscow to spend a third of its budget on defence, the US Treasury department has said.Rachel Lyngaas, the department’s chief sanctions economist, said the combination of war, US allies’ sanctions and Moscow’s policy response was “putting Russia’s…
© Reuters. FILE PHOTO: The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New York City, New York, U.S., January 16, 2019. REUTERS/Carlo Allegri/File Photo By Lewis Krauskopf and David Randall NEW YORK (Reuters) – A dovish shift from the Federal Reserve has put record highs in sight for U.S. stocks, even as some investors worry the market may be moving too fast given an uncertain outlook for the economy and corporate earnings. The Fed held interest rates steady on Wednesday and signaled in new economic projections that the historic tightening of U.S. monetary policy…
2/2 © Reuters. FILE PHOTO: A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo 2/2 By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) – Australia’s Woodside (OTC:) Energy and rival Santos are unlikely to announce any agreement on a proposed A$80 billion ($52 billion) tie-up to create a global oil and gas giant until at least February, said a person with direct knowledge of the talks. Woodside and Santos last week confirmed speculation they were in preliminary…
© Reuters. FILE PHOTO: Petra Nova CCS Facility at NRG Power Plant in Richmond, Texas, U.S., May 18, 2018. Picture taken May 18, 2018. REUTERS/Trish Badger By Leah Douglas WASHINGTON (Reuters) – The U.S. environment regulator does not sufficiently verify that carbon capture and storage (CCS) projects keep emissions trapped underground and should boost its requirements to ensure companies receiving CCS tax credits provide an actual environmental benefit, a watchdog group said on Thursday. CCS is a pillar of U.S. President Joe Biden’s climate plan, but has been criticized by environmental groups for prolonging the use of fossil fuels. Biden’s…
Thursday's economic calendar