Tag: cent
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Trading Day: Tech, tariffs & Treasuries
ORLANDO, Florida, Aug 24 : U.S. bond yields fell and tech weighed on U.S. stocks on Monday, as investors digested a raft of economic measures and developments coming out of Washington: U.S. Treasury’s plans to increase buybacks of long-dated bonds, new ‘economic D-Day’ sanctions to isolate Iran, and the threat of ne
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Dollar higher after Iran sanctions, loonie drops after US announces tariff increases
NEW YORK, Aug 24 : The U.S. dollar advanced on Monday, coming off its third weekly decline in four that sent the greenback to three-month lows after President Donald Trump’s administration announced an expansion of sanctions on Iran and separate tariffs on goods from Canada.The greenback extended gains after
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Shares dip on pressure from technology; yields and oil fall
NEW YORK/LONDON, Aug 24 : MSCI’s global equities gauge was lower on Monday as weakness in technology stocks offset support from a dip in U.S. Treasury yields and falling oil prices.Investors were waiting for details of threatened U.S. sanctions on Iran with Treasury Secretary Scott Bessent due to hold a press
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Shares, oil dip as US sanctions on Iran loom
LONDON/SYDNEY, Aug 24 : Global stocks slipped on Monday and oil prices eased as investors awaited details of threatened U.S. sanctions on Iran, while the Canadian dollar dipped as a trade war loomed with its southern neighbour.U.S. Treasury Secretary Scott Bessent is due to hold a press conference later on M
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Dollar falls to three-month low on Treasury buyback worries
Aug 21 : The dollar fell to a three-month low against the euro on Friday as concerns mounted that the U.S. Treasury’s plan to expand buybacks of longer-dated government debt could weigh further on the U.S. currency.Treasury Secretary Scott Bessent said on Thursday he may increase the government’s repurchases
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Dollar near three-month low on Treasury buyback worries
Aug 21 : The dollar slipped on Friday, trading near a three-month low against the euro, as concerns mounted that the U.S. Treasury’s plan to expand buybacks of longer-dated government debt could weigh further on the U.S. currency.Treasury Secretary Scott Bessent said Thursday he may increase the government’s
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Oil set for second weekly gain as US ramps up pressure on Iran
Aug 21 : Oil prices edged lower on Friday but were on track for a second straight weekly gain after the United States threatened to impose “the toughest sanctions in history” with no end in sight for disruptions to Middle East oil flows.Brent crude futures fell 17 cents, or 0.18 per cent, to $93.61 a…
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Samsung board set to discuss huge shareholder return package on Friday
SEOUL, Aug 21 : Samsung Electronics will hold a board meeting on Friday afternoon to discuss a new shareholder return package, a person familiar with the matter said, after media reports put the plan’s worth at more than $70 billion.Samsung, which like rival SK Hynix, has seen earnings soar as the AI boom cre
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Japan July core CPI rises 1.8% yr/yr
(Corrects paragraph 3 per centage rise to 1.9 per cent, not 1.8 per cent)TOKYO, Aug 21 : – Japan’s core consumer prices rose 1.8 per cent in July from a year earlier, government data showed on Friday.The core consumer price index, which includes oil products but excludes fresh food prices, compared wi
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Japan’s core inflation accelerates in July, bolsters case for rate hike
TOKYO, Aug 21 : Japan’s core consumer inflation accelerated in July from a year earlier as firms passed on rising import costs from a weak yen and the U.S.-Israeli war on Iran, data showed on Friday, bolstering the case for a rate hike from the central bank.The data will be among the factors the Bank…
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