Morning Bid: Powell dashes easing hopes, markets dented again
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors in Asia hoping for some relief from surging U.S. bond yields and a rampant dollar… Read more »
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Global property insurers see ‘alarming’ losses as risk models lag, report says
LONDON (Reuters) – Global property and casualty insurers showed “alarming” underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini… Read more »
Japan firms business mood slips as weak yen squeezes households
By Tetsushi Kajimoto TOKYO (Reuters) – Business confidence at big Japanese manufacturers and services sector firms slid in April from the prior month, dragged down by cost-of-living pressures and shaky… Read more »
Trudeau government proposes more taxes on wealthy Canadians to fund housing
By Promit Mukherjee, David Ljunggren and Fergal Smith OTTAWA (Reuters) -Canada on Tuesday revealed a new tax on wealthy individuals that will bring in billions of dollars over the next… Read more »
DuckDuckGo launches Privacy Pro bundle with VPN included
DuckDuckGo announced its new Privacy Pro bundled service in an effort to provide more comprehensive privacy tools for users. The Privacy Pro bundle will include a VPN, personal data removal service, and 24/7 identify theft restoration. The service will initially be available only in the U.S…
Offer Arrives Quickly for Bill Gates’ $5M Washington Home
Well, that was fast. Bill Gates has accepted an offer less than two weeks after listing a midcentury modern home in Medina, WA . The residence, which is just down the street from the Microsoft co-founder’s famed Xanadu mansion, was listed on March 29 for $4,988,800. The sale price has not been released. Gates, who’s
Morning Bid: China GDP eyed as investor sentiment crumbles
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets open on Tuesday against an extremely challenging backdrop of slumping global equity and bond… Read more »
US Fed should not act urgently when it’s not required, Daly says
By Ann Saphir PALO ALTO, California (Reuters) -There is “no urgency” to cut U.S. interest rates, Mary Daly, the president of the San Francisco Federal Reserve Bank, said on Monday,… Read more »
Japan’s finance minister says he’s closely watching FX
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all… Read more »
BOJ’s new policy approach takes shine off its inflation forecasts
By Leika Kihara TOKYO (Reuters) -The Bank of Japan is shifting to a more discretionary approach in setting policy, with less emphasis on inflation, sources said, as the central bank… Read more »