ASIA|BUSINESS|FIAT|MARKET|REGULATION Updates
Stocks, US Treasury yield, and gold all plunge after Moody’s downgrade
Markets went red before the opening bell on Monday after Moody’s cut the United States’ top credit rating, hammering stock futures, lifting Treasury yields, and dragging down gold. The downgrade, anno...
Japan’s 40-year bond yield hits 20-year high. The entire world should be very worried
Japan’s bond market just fired a warning shot at the global economy. The country’s 40-year government bond yield surged to 3.445% on Monday, the highest it’s been in two decades. This spike followed a...
Dow jumps 271 points, S&P 500 extends win streak, Nasdaq sheds 0.18%
U.S. stocks closed mixed Thursday, with the S&P 500 rising 0.4% to log a fourth straight day of gains, while the Dow Jones Industrial Average climbed more than 250 points. The Nasdaq Composite dipped ...
Jamie Dimon warns of U.S. recession despite the recent pullback in tariffs
JPMorgan Chase CEO Jamie Dimon said a recession was still possible in the country. The CEO cautioned of a recession a week after the U.S. inked a trade agreement with China in Geneva, Switzerland. Dim...
Trump’s approval rating climbs to 44% as recession fears ease
President Donald Trump’s job approval has inched up to 44%, based on new polling data gathered by Reuters/Ipsos that ended on Tuesday, as fewer Americans now believe the economy is falling apart. The ...
Federal Reserve won’t cut interest rates in June or July as it sees no need to bail the economy
The Federal Reserve is staying put this summer. No cuts in June, no cuts in July. We believe that’s the central bank’s position after watching the joint statement issued on Monday by the United States...
Americans bought $57B in Japanese assets during ‘Liberation Day,’ the highest ever
Americans dumped a record $57 billion into Japan’s stocks and bonds in April, the highest amount ever recorded in a single month. The buying frenzy happened during the fallout of President Donald Trum...
China sees trade deal with US as a major win
Chinese officials, state media, and influencers on Monday called the trade deal with the United States a clear win for China and proof that a firm public stand works. The 90‑day pause on new tariffs w...
Fed’s Kugler says US tariffs will weaken economic growth
Federal Reserve Governor Adriana Kugler warned Monday that fresh tariffs on imports could lift prices and slow the economy, cutting household buying power and trimming growth. Speaking in Dublin, Irel...
South Korea’s hopefuls eye economic revival and trade reform post-Trump tariffs
As South Korea approaches its June 3 presidential election, it grapples with economic challenges intensified by renewed US tariffs and internal political instability. South Korea’s leading political a...
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