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Two-thirds of Japan firms support PM Takaichi’s economic policies: Reuters poll
TOKYO, Sept 10 : More than two-thirds of Japanese firms support Prime Minister Sanae Takaichi’s economic policies, backing the government’s push to spur investment in AI, semiconductors and other areas of strong growth potential, a Reuters survey showed on Thursday.The share of Japanese companies that want Ta
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BOJ to raise rates to 1.25% this month, reach 1.75% faster than expected: Reuters poll
TOKYO, Sept 10 : The Bank of Japan will hike interest rates to 1.25 per cent on September 18 and then to 1.75 per cent in the second quarter of 2027 — earlier than previously thought — a Reuters poll showed, amid persistent concerns over broadening price pressures and yen weakness.More than 80 per cent…
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Dollar trades near 7-month low against yen as oil settles above $100
NEW YORK, Sept 9 : The dollar traded near a seven-month low against the yen on Wednesday as oil prices settled above $100 a barrel amid an escalating conflict in the Middle East, while investors positioned for central bank meetings next week.The U.S. currency has come under pressure largely due to the yen’s
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Trading Day: $100 oil bites
ORLANDO, Florida, Sept 9 : Stocks around the world fell on Wednesday as entrenched conflict in the Middle East pushed oil prices above $100 a barrel, while bond yields rose to fresh multi-year highs as investors reacted negatively to the U.S. Treasury’s plan to triple bond buybacks. In my column today, I loo
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Oil, Treasury yields turn higher as stocks falter
Sept 9 : Brent crude prices surged past $100 a barrel on Wednesday and the yield on 10-year Treasury debt hit its highest level since November 2023, as Middle East and inflation concerns weighed down Wall Street.Brent crude was at $100.27 per barrel in midday trading, up 2.4 per cent on the day, breaching th
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Dollar hovers near seven-month low vs yen as oil tops $100
NEW YORK, Sept 9 : The dollar hovered near a seven-month low against the yen on Wednesday as oil prices climbed above $100 a barrel amid an escalating conflict in the Middle East, while investors positioned for central bank meetings next week.The U.S. currency has come under pressure largely due to the yen’s
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Middle East tensions drive oil over $100, Wall Street drops
Sept 9 : Brent crude prices surged past $100 a barrel on Wednesday and Wall Street opened lower, as escalating conflict in the Middle East fuelled worries about energy-driven inflation ahead of several major central bank decisions.Brent crude futures rose as much as 3 per cent to a session high of $100.95, br
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Oil tops $100, European stocks drop on fresh Gulf attacks
Sept 9 : Brent crude prices surged past $100 a barrel on Wednesday, as an intensification of the conflict in the Middle East fuelled concerns about energy-driven inflation and sent European stocks to one-week lows ahead of several major central bank decisions.Brent crude futures rose as much as 2.3 per cent
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Australian data centre operator NEXTDC to raise $795 million for AI infrastructure
Sept 9 : Australia’s NEXTDC said on Wednesday it seeks to raise A$1.1 billion ($795.63 million) through convertible notes, its third fundraising in just over four months, as the data centre operator ramps up investment in AI infrastructure.Here are some details:• The notes will mature on September 1
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