Japan’s minority government was set Friday to sign off on a $140-billion stimulus drive aimed at putting more money in consumers’ pockets after the ruling party’s worst election result in 15 years.The October 27 contest saw voters — angry over corruption in the Liberal Democratic Party (LDP) and inflation — deprive new Prime Minister Shigeru …
Most Asian markets gained Friday after a bounce on Wall Street, while bitcoin continued its march higher to move within touching distance of the $100,000 mark.Rising geopolitical tensions tempered the atmosphere and kept oil elevated after Russia hit Ukraine with a new-generation intermediate-range missile and sent a warning to the West.The gains in equities followed …
Most Asian markets track Wall St gains, bitcoin closes on $100,000 Read More »
Global stocks mostly rose Thursday following strong earnings from artificial intelligence leader Nvidia as bitcoin prices zoomed near $100,000 and oil prices rose.Nvidia itself had a volatile day, finishing modestly higher after several reversals. The chip company reported a whopping $19 billion in profits, although investors wondered if its current rate of stupendous growth is sustainable.But …
Global stocks mostly cheer Nvidia results as bitcoin gains Read More »
Visiting Indian Prime Minister Narendra Modi said Thursday his country is interested in oil from Guyana, the small South American nation with the world’s highest per capita crude reserves.In a speech to parliament, Modi said demand for energy in India is growing and it is diversifying its sources.”In this regard, we view Guyana as an …
Indian PM Modi highlights interest in Guyana’s oil Read More »
Stock markets mostly rose in Europe and on Wall Street on Thursday, recovering from recent selling but with investors wary of the escalating Ukraine war on Europe’s doorstep. Quarterly earnings from the AI chip giant Nvidia also gave investors reason for pause, after failing to match the sky-high expectations of many analysts that could underpin further …
Stock markets push higher but Ukraine tensions urge caution Read More »
