Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
The prospect of the ECB diverging from the Fed on rate cuts is likely to be “particularly negative” for the euro area, according to one economist.
Here’s how much it costs to rent a 1-bedroom apartment across 10 major cities in Asia
Here is the median price to rent a 1-bedroom apartment across 10 major cities in Asia, according to the Global Property Guide.
Taiwan says Chinese planes crossed median line, China carries out landing drills
Taiwan’s defense ministry said it detected a renewed incursion by Chinese military aircraft across the Strait, as China reported it had done combat drills.
Hong Kong stocks lead gains in Asia ahead of U.S. jobs data; Japanese yen strengthens
Investors will be watching the U.S. nonfarm payrolls data after the U.S. Federal Reserve held interest rates steady at the end of its two-day meeting on Wednesday.
China has a ‘fake gold’ problem — locals are getting scammed into buying artificial jewelry
Gold’s recent rally has sparked a bullion rush, but along with it — a spike in gold scams in China.
Goldman Sachs names global stocks with sustainable dividend yields — and says one will hit 10%
European companies are more cash-rich than they’ve been in recent history. And Europe’s “rarely looked cheaper on an absolute and relative basis,” Goldman says.
These global stocks will soar on an $858 billion electric boom, Goldman says, giving one 45% upside
Europe’s power demand is expected to rise by as much as 50% in the next 10 years, the investment bank says.
Here’s what to expect from the April jobs report on Friday
The Bureau of Labor Statistics report drops at 8:30 a.m. ET.
Amgen scraps experimental weight loss pill, moves forward with injection
Amgen is among several drugmakers racing to join the red-hot weight loss drug space dominated by Novo Nordisk and Eli Lilly.
Bitcoin climbs back to $59,000 after Fed signals it’s unlikely to raise rates: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
