PMN Business – Financial Freedom

Japan shares edge up in cautious trade as central bank meetings loom

Financial Freedom — Wed, 17 Mar 2021 03:01:35 +0000

TOKYO — Japanese stocks edged a tick higher on Wednesday as investors bought individual shares with bright earnings prospects, though the overall mood was cautious in the run-up to key meetings by the U.S. Federal Reserve and the Bank of Japan. Read More

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Oil dips on demand worries despite surprise drop in U.S. crude stocks

Financial Freedom — Wed, 17 Mar 2021 03:01:34 +0000

MELBOURNE — Oil prices slipped for a fourth day on Wednesday on worries about rocky demand in Europe, even as hopes of a recovery in U.S. refinery activity were boosted by industry data that showed U.S. crude stockpiles unexpectedly fell last week. Read More

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Blinken says report shows China undermined Hong Kong’s electoral system

Financial Freedom — Wed, 17 Mar 2021 03:01:34 +0000

U.S. Secretary of State Anthony Blinken said the release of the latest update to the Hong Kong Autonomy Act report showed that China’s National People’s Congress had unilaterally undermined Hong Kong’s electoral system in its March 11 decision. Read More

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Most Asian FX weaker, Malaysia ringgit eases 0.2%

Financial Freedom — Wed, 17 Mar 2021 03:01:33 +0000

The following table shows rates for Read More

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Shanghai aluminum hits 9-1/2-yr high on Chinese supply worries

Financial Freedom — Tue, 16 Mar 2021 03:01:14 +0000

HANOI — Shanghai aluminum prices rose to their highest in more than 9-1/2 years on Tuesday, as supply concerns in top consumer China rose after an aluminum hub ordered power cuts and industrial production shutdowns. Read More

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Japanese shares gain on recovery hopes, Topix at 20-year high

Financial Freedom — Tue, 16 Mar 2021 03:01:13 +0000

TOKYO — Japanese shares gained on Tuesday and the Topix index hit its best level in 20 years, as high-flying technology stocks tracked Wall Street higher on hopes for a strong economic recovery in the United States, one of Japan’s biggest trading partners. Read More

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Corn hits 8-day high on strong export demand

Financial Freedom — Tue, 16 Mar 2021 03:01:13 +0000

CANBERRA — Chicago corn futures edged higher on Tuesday to notch an eight-day peak after a U.S. government report showed that export demand for the grain remained high. Read More

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U.S. safety agency probes ‘violent’ Tesla crash in Detroit

Financial Freedom — Tue, 16 Mar 2021 03:01:11 +0000

WASHINGTON — The U.S. auto safety agency said on Monday it is investigating a crash in Detroit on Thursday involving a Tesla that became wedged underneath a tractor-trailer and left a passenger in critical condition. Read More

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China says economy could rebound sharply in Q1 from year earlier

Financial Freedom — Mon, 15 Mar 2021 03:07:49 +0000

BEIJING — China’s economy could rebound sharply during the first quarter from a year earlier, a spokeswoman for the statistics bureau said on Monday. Read More

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Japanese shares gain on economic rebound hopes, tech shares weigh

Financial Freedom — Mon, 15 Mar 2021 03:07:48 +0000

TOKYO — Japanese shares rose on Monday as optimism around the passage of a massive U.S. stimulus package boosted cyclical shares, although declines in tech stocks weighed on the benchmark. Read More

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