Stocks end sharply higher
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A nervous quiet has descended upon global markets, as a rising chorus of hawkish voices from the Federal Reserve and surprisingly strong US economic data force a painful recalibration of interest-rate hopes.
Asian and European stocks edged higher on Friday ahead of Federal Reserve Chair Jerome Powell’s big speech. Japan’s Nikkei finished up 0.1%, and the Hang Seng in Hong Kong closed 0.9% higher. Germany’s DAX was up 0.
2don MSN
Southeast Asia’s ‘incredibly dynamic’ Islamic finance market is drawing in non-Islamic players
Mambu, an Amsterdam based, SaaS firm is banking on the region's younger people gravitating towards financial solutions that adhere to Islamic principles.
Asian shares are mostly higher after a mixed finish on Wall Street, where shares in Nvidia, Palantir and other superstar stocks pared their earlier steep losses
Asian shares are mixed after Wall Street fell to a fifth straight loss, hurt by losses for Walmart and worries over coming cuts to interest rates.
Shares in Japan and Australia declined while South Korea advanced. Contracts for the Nasdaq 100 declined 0.1% after a report said Nvidia Corp. instructed component suppliers to stop production related to the H20 AI chip.
India has gone from fund managers’ top Asian stock market pick to their least preferred in just three months amid US President Donald Trump’s tariff escalation, according to a Bank of America Corp. survey.
Stock indexes in Asia scaled peaks after President Trump said he would grant China a 90-day extension on tariffs that were set to kick in Tuesday.
Stocks in Asia edged higher in a shaky start on Friday as anxious traders awaited a speech from Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium.
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