October 2024 – Page 37 – Best Day Investing

BOJ to forgo another rate hike by year-end, say slim majority of economists: Reuters poll

By Satoshi Sugiyama TOKYO (Reuters) – The Bank of Japan (BOJ) will forgo raising interest rates again this year, according to a very slim majority of economists in a Reuters…

October 15, 2024

Economy

IMF says global public debt to top $100 trillion, growth may accelerate

By David Lawder WASHINGTON (Reuters) – The world’s total public debt is set to exceed $100 trillion this year for the first time, and may grow more quickly than forecast…

October 15, 2024

Economy

Japan PM seeks extra budget exceeding 13 trillion yen, Nikkei says

TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba said his government is aiming to compile a supplementary budget for the current fiscal year in excess of last year’s 13.1 trillion yen…

October 15, 2024

Politics

Harris slams Trump as ‘unhinged’ as they trade attacks in Pennsylvania

ERIE, Pa. — Vice President Kamala Harris portrayed Donald Trump as dangerous and “unhinged” at a rally Monday night, arguing that the Supreme Court’s decision granting presidents broad immunity for…

October 15, 2024

Stock

Asia stocks rise tracking Wall St; China stimulus rally fizzles

Investing.com– Most Asian stocks rose on Tuesday tracking record highs on Wall Street as the third-quarter earnings season approached, while Chinese stocks fell amid waning optimism over new fiscal stimulus.…

October 15, 2024

Stock

Growth across Pacific slows as post-pandemic rebound fades, says World Bank

By Kirsty Needham SYDNEY (Reuters) – Growth across the Pacific Islands is expected to slow to 3.6% this year, down from 5.8% in 2023, as a post-pandemic rebound fades and…

October 15, 2024

Stock

US mulls capping Nvidia AI chips exports to some countries, Bloomberg News reports

(Reuters) – U.S. officials have discussed limiting sales of advanced AI chips from Nvidia (NASDAQ:NVDA) and other American companies on a country-specific basis, Bloomberg News reported on Monday, citing people…

October 15, 2024

Stock

US weighs limit on Nvidia, AMD AI chip sales to some countries- Bloomberg

Investing.com– The Biden administration is weighing a limit on sales of artificial intelligence chips made by NVIDIA Corporation (NASDAQ:NVDA) and AMD (NASDAQ:AMD) on a per-country basis, Bloomberg reported on Monday. …

October 15, 2024

Economy

Most Asian shares track Wall Street higher, oil extends losses

By Stella Qiu SYDNEY (Reuters) – Asian stocks were mostly higher on Tuesday, supported by a strong Wall Street close and investor optimism about corporate earnings, while the dollar held…

October 15, 2024

Economy

Dollar at over two-month high, yen near 150/$

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was perched at an over two-month high against major currencies on Tuesday, spurred by wagers the Federal Reserve will proceed with…

October 15, 2024