() - U.S. stock index futures rose on Wednesday, with those tied to the tech-heavy Nasdaq in the lead as investors cheered streaming giant Netflix (NASDAQ:)'s strong quarterly performance and President Donald Trump's multi-billion show of support for the AI technology industry. At 5:31 a.m. ET, Dow E-minis were up 57 points, or 0.13%, E-minis
BEIJING () - China said on Wednesday it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock market. Under a plan jointly released by six financial regulators including the securities regulator, big state-owned insurance companies will be directed to
Investing.com -- Yannis Stournaras, a member of the European Central Bank's Governing Council, has advised that the bank should continue to gradually reduce interest rates, with a goal to bring them close to 2% by the end of the year. This information was disclosed in an interview with Greece's Naftemporiki newspaper. Stournaras noted that Euro-area
FRANKFURT () - European Central Bank policymaker Klaas Knot on Wednesday backed market bets on interest rate cuts at the ECB's next two meetings but said the path further ahead was more uncertain, also given a likely new U.S. trade policy under President Donald Trump. The ECB is expected to continue lowering the cost of
By Mike Dolan LONDON () - In many respects, Donald Trump inherited the "golden age" he claims to be ushering in. All he really needs to do is not screw it up. In economic and financial terms, the United States has rarely been in better health. The world's largest economy has been humming at annualized
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By Kevin Buckland TOKYO () - The dollar drifted slightly lower on Wednesday in indecisive trading as a lack of clarity on President Donald Trump's plans for tariffs kept financial markets guessing. Trump said late Tuesday at the White House that his administration was discussing imposing a 10% tariff on goods imported from China on
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON () -Hedge funds have positioned for Donald Trump's U.S. presidency with their highest levels of borrowing since 2010, while betting the dollar would continue to rise, according to bank research and industry data. U.S. stock trading hedge funds kicked off the week with gross leverage levels
By Makiko Yamazaki TOKYO () - Japan's biggest business lobby Keidanren and trade unions kicked off annual labour talks on Wednesday that are likely to lead to another year of bumper wage hikes, though policymakers will be mainly focused on how far the momentum spreads to smaller firms. With some of the biggest firms already
By Makiko Yamazaki and Kentaro Sugiyama TOKYO () - Japan's retailers, typically among the most tight-fisted of employers, are offering big pay increases for a second year in a row, meaning squeezed profits for companies, more spending money for workers, and a green light for more central bank rate hikes. Japan's labour-intensive service sector had