The U.S. and Russia are aiming to reach a deal to halt the war in Ukraine that would lock in Moscow's occupation of territory seized during its military invasion, Bloomberg News reported on Friday. U.S. and Russian officials are working towards an agreement on territories for a planned summit meeting between U.S. President Donald Trump and his Russian counterpart Vladimir Putin as early as next week, the report said, citing unnamed people familiar with the matter. A White House official said the Bloomberg story was speculation. A Kremlin spokesperson did not respond to a request for...
The Federal Reserve is widely expected to leave monetary policy settings unchanged following the January meeting.Fed Chairman Powell's presser could provide important clues about the rate outlook.The US Dollar could come under bearish pressure if the Fed leaves a rate cut in March on the table. The United States (US) Federal Reserve (Fed) will announce monetary policy decisions following the first policy meeting of the year on Wednesday. Market participants widely anticipate that the US central bank will leave monetary policy settings unchanged after cutting the interest rate by 25 basis...
European stocks closed firmly higher on Wednesday, extending the rebound from the prior session as markets assessed a batch of major earnings and the risks to European growth should US President Trump follow through with earlier tariff threats. The Eurozone's STOXX 50 closed 0.6% higher at 6,337, the highest in over 24 years, while the STOXX 600 gained 0.5% to close at another record high of 534. ASML jumped by 5.8% after its fourth-quarter bookings exceeded estimates. Tech shares led the gains to extend the recovery from the selloff in AI-infrastructure stocks on Monday, with Schneider...
European stocks hit record highs on Wednesday (29/1), as chip equipment maker ASML (ASML) led tech shares higher after reporting strong quarterly results. The pan-European STOXX 600 was up 0.5%, as of 0923 GMT, surpassing Tuesday's all-time closing high. ASML shares jumped 11.2% after the Dutch company reported better-than-expected fourth-quarter orders of 7.09 billion euros ($7.39 billion). ASML's earnings also reassured investors that the outlook for AI chips remains healthy, as they recovered from a selloff earlier this week triggered by the release of China's DeepSeek model, which...
Japanese stocks rose after the close on Wednesday (1/29), as gains in the Services, Transportation Equipment and Transportation sectors boosted shares. At the close in Tokyo, the Nikkei 225 was up 1.02%. The best performers on the Nikkei 225 were Renesas Electronics Corp (TYO:6723), which rose 5.85% or 119.50 points to close at 2,162.50. Meanwhile, Dainippon Screen Mfg. Co., Ltd. (TYO:7735) rose 4.61% or 470.00 points to close at 10,675.00 and Advantest Corp. (TYO:6857) gained 4.36% or 356.00 points to close at 8,518.00. The worst performers of the session were Shin-Etsu Chemical Co.,...
Japanese stocks rebounded on Wednesday, with the Nikkei 225 Index climbing 1% to around 39,400 and the broader Topix Index rising 0.4% to 2,768, recovering from losses in the previous session when technology stocks faced a selloff. The decline on Tuesday was driven by concerns over the emergence of Chinese startup DeepSeek, which posed a challenge to the dominance of Western artificial intelligence leaders. Meanwhile, minutes from the Bank of Japan's December meeting revealed that the central bank maintained a cautious stance on monetary policy, emphasizing that any adjustments would...
China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity.
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Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
New Delhi has put on hold its plans to procure new U.S. weapons and aircraft, according to three Indian officials familiar with the matter, in India's first concrete sign of discontent after tariffs...