Shanghai

Asian stocks fall ahead of Fed interest rate decision

Asian stocks fall ahead of Fed interest rate decision

TOKYO (AP) — Asian stocks mostly fell on Wednesday as investors eagerly awaited a widely expected interest rate hike from the U.S. Federal Reserve as it strives to squash deepest inflation. high for decades. Japan’s benchmark Nikkei 225 fell 1.4% in morning trade to 27,308.66. Australia’s S&P/ASX 200 fell 1.4% to 6,712.40. The South Korean …

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Cryptoverse: After Merger, Ether Heads For A $20 Billion Shanghai Madness

Cryptoverse: After Merger, Ether Heads For A $20 Billion Shanghai Madness

Souvenir tokens representing the Bitcoin, Ethereum, Dogecoin and Ripple cryptocurrency networks dive into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Sep 20 (Reuters) – Merger has come, seen and conquered. Not that you would guess from crypto prices. The mega-upgrade to the …

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Japan's Nikkei rises 2% in mixed Asian session after Wall Street rebound

Japan’s Nikkei rises 2% in mixed Asian session after Wall Street rebound

Australia’s central bank pleads for slower rate hikes Reserve Bank of Australia Governor Philip Lowe said the central bank “acknowledges” that “the case for slowing the pace of interest rate increases is growing stronger as the level of the cash rate increases”. National Australia Bank economist Tapas Stickland said Lowe’s remarks could “signal a shift …

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Asia-Pacific trade down ahead of Beige Book;  China's trade data falls short of expectations

Asia-Pacific Markets Lead Fed Beige Book; China’s trade data falls short of expectations

Pakistan pays price for climate crisis caused by other countries: minister Pakistan is facing the worst consequences of the climate crisis, thanks in part to actions by the developed world, Finance Minister Miftah Ismail has said, as the country battles the worst floods in its history. Ismail joins a chorus of supporters from the flooded …

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Asia-Pacific trade down ahead of Beige Book;  China's trade data falls short of expectations

Asia-Pacific trade down ahead of Beige Book; China’s trade data falls short of expectations

Barkin says he tends to ‘go faster’: FT Richmond Fed Chairman Thomas Barkin said in an interview with the Financial Times that he tends to “move faster” rather than slow. “I generally tend to go faster, rather than slower, as long as you don’t inadvertently break something,” he told the paper, adding that policymakers will …

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