The Bank of Japan kept its main interest rate unchanged on Thursday, as widely expected, warning of “high uncertainties surrounding Japan’s economic activity and prices”.The decision comes amid market uncertainty ahead of US presidential elections on November 5 and following Japanese polls on Sunday that was the worst outcome for the ruling party since 2009.The …
Bank of Japan leaves main interest rate unchanged Read More »
Stock markets diverged Wednesday as they digested a mixed bag of economic data and corporate reports, while bitcoin traded close to its record high with eyes on the upcoming US presidential election.The three main US stock indexes vacillated throughout the morning, but were all slightly higher in midday trading. Major European markets all closed sharply …
Major stock markets mostly dropped Wednesday after a mixed bag of economic data and corporate reports, while bitcoin traded close to its record high with eyes on the upcoming US presidential election.The three main US stock indexes were slightly lower after opening, while key European markets were down more sharply in mid-afternoon trading.”Investors are in …
Chinese electric vehicle giant BYD reported surging sales on Wednesday, surpassing global rival Tesla in quarterly revenue for the first time as its push into overseas markets advances.The EV and battery giant is a leading player in recent efforts by Chinese automotive firms to expand overseas — plans that are increasingly threatened by thorny trade …
Chinese EV giant BYD beats Tesla in quarterly revenue for first time Read More »
