Latest Financial News

European stock futures higher; Congress passes debt bill, payrolls dueBy Investing.com – 1 hour ago1

Investing.com – European stock markets traded higher Friday after the U.S. debt ceiling bill passed through Congress, while the latest French industrial production data…

Dollar slips after debt ceiling bill progresses; payrolls due laterBy Investing.com – 21 minutes ago

Investing.com – The U.S. dollar slipped lower in early European trade Friday, adding to the previous session’s sharp losses after the U.S. Congress approved the debt ceiling…

US Congress averts historic default, approves debt-limit suspensionBy Reuters – 57 minutes ago27

By Richard Cowan and Gram Slattery WASHINGTON (Reuters) – The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government’s $31.4…

Finvasia: The Trailblazing Organisation Led by Visionary Virk BrothersBy Investing.com Studios

The story of Sarvjeet Virk and Tajinder Virk is a testament to the power of ambition, innovation, and tenacity. Finvasia, the multinational, multidisciplinary organisation they founded, is…

Japan’s Nikkei closes at 32-year high as US default fears easeBy Reuters – 3 minutes ago

By Rocky Swift TOKYO (Reuters) – Japanese stocks rose on Friday, with the benchmark Nikkei index closing at a three-decade high, after U.S. lawmakers voted to raise the debt limit…

Take Five: Almost half-timeBy Reuters – 13 minutes ago

(Reuters) – The hefty weight of tech megacaps, strange reporting rules for an upcoming OPEC meeting and more pain for consumers and businesses Down Under – these are just some of…

JPMorgan’s Dimon visits Taiwan to meet staff, clients -sourceBy Reuters – 43 minutes ago

(Reuters) -Jamie Dimon, the chief executive of U.S. bank JPMorgan Chase & Co (NYSE:JPM), is visiting Taiwan on Friday, a source with direct knowledge of the matter said, after…

California, New York pensions vote against Toyota chairmanBy Reuters – 53 minutes ago

By David Dolan and Daniel Leussink TOKYO (Reuters) – Two of the largest U.S. public pension systems have voted against the re-election of Toyota Motor (NYSE:TM) Corp chairman…

Column-Hopes of economic ‘soft landing’ re-emerge after stormy descent: Mike DolanBy Reuters – 1 hour ago

By Mike Dolan LONDON (Reuters) – The economic airplane hasn’t reached the runway yet and has hit some more heavy turbulence in 2023 – but investors suspect a relatively gentle…

Oil prices rise as Congress approves US debt ceiling billBy Reuters – 1 hour ago

By Andrew Hayley BEIJING (Reuters) – Oil prices rose on Friday amid bullish sentiment following the passage of a U.S. debt ceiling bill in Washington, while markets weighed the…

Analysis-Banks break taboo for high-risk bondsBy Reuters – 1 hour ago

By CarloGiovanni Boffa and Chiara Elisei (Reuters) – Investors who earned easy money with high-risk bonds invented after the financial crisis are being forced to accept that the…

U.S. regulation fears drive insurers’ climate alliance break-upBy Reuters – 1 hour ago

By Tommy Wilkes LONDON (Reuters) -The success of Republicans in triggering the break-up of a coalition of insurance firms aimed at tackling climate change is down to U.S. states…

Factbox-Governments race to regulate AI toolsBy Reuters – 1 hour ago

(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the…

Australia’s largest pension fund freezes work with auditor PwCBy Reuters – 1 hour ago

By Lewis Jackson SYDNEY (Reuters) – Australia’s largest pension fund will pause use of the domestic unit of auditor PricewaterhouseCoopers (PwC) as the “big four” firm reels from…

Stocks surge in Asia as US averts default, Fed pause bets riseBy Reuters – 1 hour ago2

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks jumped on Friday on increasing expectations that the Federal Reserve might stand still on rates and after the U.S. Senate…

Germany leads big bond rally as inflation finally heads downBy Reuters – 2 hours ago1

By Yoruk Bahceli (Reuters) -Germany is leading the biggest rally in global bond markets since March’s banking rout as cooling inflation and a weakening economy suggest European…

RBA to hold rates at 3.85% in June, but may raise again soon: Reuters pollBy Reuters – 2 hours ago

By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will keep key interest rate unchanged at 3.85% on Tuesday despite inflation staying well above the target range,…

Japan privacy watchdog warns ChatGPT-maker OpenAI on user dataBy Reuters – 2 hours ago

By Kantaro Komiya and Sam Nussey TOKYO (Reuters) -Japan’s privacy watchdog said on Friday it has warned OpenAI, the Microsoft-backed startup behind the ChatGPT chatbot, not to…