A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondent.Asian markets will be waking up to a jolt of central bank rate hikes and looking ahead to a big round of macro data on Friday.The Bank of England surprised many investors on Thursday by raising interest rates
Asian markets will be waking up to a jolt of central bank rate hikes and looking ahead to a big round of macro data on Friday.
England wasn't alone: The Swiss National Bank raised its policy rate and signaled more tightening was likely, while Norway's central bank raised its key policy rate to a 15-year high. The hawkish moves seemed to dent risk appetite. In Europe, the STOXX 600 index briefly hit its lowest point in nearly three months. On Wall Street, the S&P 500 and Nasdaq ended higher, but stocks broadly were on pace to tally weekly losses.
The U.S. dollar advanced after Powell's rate comments, with the greenback rising to its strongest level against the yen in more than seven months.
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Marketmind: Hawkish Powell keeps markets on defenseA look at the day ahead in Asian markets from Alden Bentley, Breaking News Editor for Finance & Markets, Americas.The week's main attraction, Fed Chair Jerome Powell's testimony before the U.S. House Financial Services Committee, came and went without rearranging the pieces on the table much.The Ja
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Asian Champions League makes full return as prelim, qualifying dates finalisedHONG KONG : Hong Kong Premier League runners-up Lee Man will host Vietnam's Haiphong in the preliminary rounds of the Asian Champions League on Aug. 15 as the continental club championship makes its fully-fledged return after three COVID-disrupted seasons.The meeting between the pair will be the first of
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Immigration drove white, Asian population growth in US last yearWithout immigration, the white population in the United States would have declined last year. Immigration also propelled the expansion of the Asian population, which was the fastest-growing race or ethnic group last year in the US, while births outpacing deaths helped propel growth in Hispanic, Black, trib
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NUS and NTU among top 5 Asian universities in Times rankingsNUS has held on to its third placing, while NTU retained its fifth placing. Read more at straitstimes.com.
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NUS and NTU among top 5 Asian universities in Times rankingsThe National University of Singapore (NUS) and Nanyang Technological University (NTU) have maintained their positions in the top five in the latest rankings for Asian universities by Times Higher Education. NUS has held on to its third placing for the fourth consecutive...
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