Business
Stocks steady after Fed hike, BoE’s turn next

Breadcrumb Trail Links PMN Business Author of the article: Reuters Marc Jones and Kevin Buckland Article content LONDON/TOKYO — Europe’s stock markets consolidated strong gains made in Asia on Thursday, after China signaled more support for its spluttering economy and the Federal Reserve had pressed ahead with the first U.S. interest rate rise in more […]

Updated: Mar 17, 2022
China Makes Strong Vow to Ease Crackdowns After Market Turmoil

Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Bloomberg News Publishing date: Mar 16, 2022  •  13 minutes ago  •  5 minute read  •  Join the conversation Article content (Bloomberg) — China made a strong push to stabilize battered financial markets, promising to ease a regulatory crackdown, support property and technology companies and […]

Updated: Mar 16, 2022
Ukraine war upending central Europe’s post-COVID car revival

Breadcrumb Trail Links PMN Business Author of the article: Reuters Jason Hovet and Gergely Szakacs Publishing date: Mar 11, 2022  •  18 minutes ago  •  3 minute read  •  Join the conversation Article content PRAGUE — Russia’s invasion of Ukraine is hitting hopes of renewed growth in central Europe’s car industry this year following the pandemic, […]

Updated: Mar 11, 2022
Ethan Lou: Big Tech’s responses to the war in Ukraine show that we already live in a metaverse

Breadcrumb Trail Links FP Finance Cryptocurrency The digital and intangible have real value and significance, whose implications we are only beginning to see Visitors in front of an immersive art installation titled ‘Machine Hallucinations – Space: Metaverse’ by media artist Refik Anadol at the Digital Art Fair, in Hong Kong, China. Photo by REUTERS/Tyrone Siu/File […]

Updated: Mar 10, 2022
Biden’s political strategy on U.S. gas hikes? Blame it on Putin

Breadcrumb Trail Links PMN Business Author of the article: Reuters Trevor Hunnicutt and Jeff Mason and Andrea Shalal Article content WASHINGTON — President Joe Biden’s strategy in grappling with the domestic fallout from gasoline price increases is for Americans to direct their anger at one man: Russian President Vladimir Putin. Biden and his administration have […]

Updated: Mar 9, 2022
Contrarian investors: A beaten-down sector is still delivering growth

Breadcrumb Trail Links MoneyWise Business Essentials As Warren Buffett says, be greedy when others are fearful Author of the article: vichie81/Shutterstock Article content This article was created by MoneyWise. Postmedia and MoneyWise may earn an affiliate commission through links on this page. Advertisement This advertisement has not loaded yet, but your article continues below. Article […]

Updated: Mar 7, 2022
Wall St Week Ahead-Rate-hike fears abate but Ukraine muddies stock market outlook

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Article content NEW YORK — Geopolitical worries are clouding the outlook for U.S. stocks, even as Russia’s invasion of Ukraine moderates expectations for how aggressively the Federal Reserve will tighten monetary policy in coming months. Concerns over the conflict weighed on the S&P 500 […]

Updated: Mar 6, 2022
Putin likens Western sanctions to war as Russia’s Ukraine offensive traps civilians

Breadcrumb Trail Links PMN Business Author of the article: Reuters Pavel Polityuk and Aleksandar Vasovic Publishing date: Mar 05, 2022  •  38 minutes ago  •  5 minute read  •  Join the conversation Article content LVIV/KYIV — Russian President Vladimir Putin said Western sanctions were akin to war on Saturday as his forces pressed on with their […]

Updated: Mar 5, 2022
U.S. job growth far exceeds expectations in February; unemployment rate falls to 3.8%

Breadcrumb Trail Links PMN Business Author of the article: Article content WASHINGTON — U.S. job growth surged in February, pushing the unemployment rate to a two-year low of 3.8%, raising optimism that the economy could withstand mounting headwinds from geopolitical tensions, inflation and tighter monetary policy. The two-tenths of a percentage point drop in the […]

Updated: Mar 4, 2022
Rouble hits new low on rating cuts, surging oil spurs inflation fears

Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Shreyashi Sanyal and Anisha Sircar Publishing date: Mar 03, 2022  •  10 minutes ago  •  2 minute read  •  Join the conversation Article content Russia’s rouble extended falls for the fourth straight day to hit another record low on Thursday after its sovereign bonds […]

Updated: Mar 3, 2022