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Asia Share Indexes Lower Friday On Selling In TSMC, Despite Record Profits
MSCI's broadest index of Asia-Pacific shares lost 0.35%, weighed by a 1.2% fall in Taiwan shares after TSMC's earnings. MSCI's broadest index of Asia-Pacific shares lost 0.35%, weighed by a 1.2% fall in Taiwan shares after TSMC's earnings. -
Jobs, Jobs...Equities Get A Paycheck. Olympics Put A Clock On That
MSCI's broadest index of Asia-Pacific shares led by a 1% gain in Taiwan. China blue chips added 0.1%. MSCI's broadest index of Asia-Pacific shares led by a 1% gain in Taiwan. China blue chips added 0.1%. -
Asia Indexes Up On U.S. Factory Data; Jobs News Ahead Holds Market Participants' Attention
MSCI's gauge of stocks across the globe was flat after setting a record intraday high and close Tuesday. MSCI's gauge of stocks across the globe was flat after setting a record intraday high and close Tuesday. -
Historic Low: US Industrial Production Plunges 11.2% in April
US industrial production collapses to a historic low in April but looks forward to a strong recovery starting late May. US industrial production collapses to a historic low in April but looks forward to a strong recovery starting late May. -
Fed Chairman Jerome Powell Admits US 'May Well Be In A Recession'
Fed Chairman Jerome Powell admits the U.S. might well be in a recession but also emphasized the Fed won't run out of tools to respond to any crisis. Fed Chairman Jerome Powell admits the U.S. might well be in a recession but also emphasized the Fed won't run out of tools to respond to any crisis. -
Supply Shortage Lifts US Consumer Prices In February
Price increases for certain food products and disruptions in the supply chain offset the decrease in gas prices, pushing the consumer price index up. Price increases for certain food products and disruptions in the supply chain offset the decrease in gas prices, pushing the consumer price index up. -
HKMA Makes US Fed Lockstep Rate Cut To Maintain Currency Peg
The Hong Kong Monetary Authority (HKMA) cut the city's base lending rate by half a percentage point in lockstep with the US Federal Reserve. The Hong Kong Monetary Authority (HKMA) cut the city's base lending rate by half a percentage point in lockstep with the US Federal Reserve. -
Fed Chairman Jerome Powell Affirms Strength Of US Economy
Jerome Powell emphasizes the U.S. economy remains despite a multitude of challenges. Jerome Powell emphasizes the U.S. economy remains despite a multitude of challenges. -
Hong Kong's Three Currency Issuing Banks Cut Rates To Support Local Economy
HSBC, the Bank of China Hong Kong, and Standard Chartered Bank announced that they will be lowering their prime rates in line with the recent move by the Hong Kong Monetary Authority. HSBC, the Bank of China Hong Kong, and Standard Chartered Bank announced that they will be lowering their prime rates in line with the recent move by the Hong Kong Monetary Authority. -
Trump, Markets Unhappy Over ‘No Vision’ Fed Cut
U.S. President Donald Trump took to Twitter to express his disappointment over the Fed’s cut on Wednesday as the Dow declined by 150 points. U.S. President Donald Trump took to Twitter to express his disappointment over the Fed’s cut on Wednesday as the Dow declined by 150 points.