Turkey’s interest rates are on hold because its central bank cited weakness in the currency. The lira hit a record low against the US dollar as investor concern grows about political uncertainty and hints that […]
China’s house-price index dropped to 4.3% in September from 9.2% in August amid attempts by central and local governments to dampen the red-hot sector with purchasing restrictions in a number of cities as fears mount […]
The company has been hit more than once by the coordinated attack and the Department of Homeland Security is now looking into the situation. This is something that’s hard for investors to prepare for, it […]
China’s yuan fell 0.2% against the US dollar in Shanghai trading Thursday, taking it to its lowest level in six years after the People’s Bank of China made the biggest cut in the currency’s reference […]
A strong US dollar pushed down stocks in early trading today. At 10 a.m. Eastern, the Dow Jones industrial average was down 91 points, the Nasdaq composite was down 7 points and the Standard & […]
The US residential real estate market made a bigger comeback last month than experts had expected. Contract closings for existing homes increased 3.2% compared with August, and the average price gained 5.6% compared with September […]
European Central Bank President Mario Draghi left investors disappointed Thursday by providing little clarity on future monetary policy. “There are no signs yet of a convincing upward trend in underlying inflation,” Draghi said, noting that […]
The Securities and Exchange Commission is preparing to review the exchange-traded-fund industry because of concern that asset inflow is increasing market volatility. The SEC might study the implications of increased ETF flow, as US-listed ETFs […]
Brazil’s central bank voted unanimously to reduce its benchmark interest rate from 14.25% to 14%, the first drop in four years. “The committee considers that the convergence of inflation toward the target in 2017 and […]
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