The dollar was higher against a currency basket on Thursday after the Federal Reserve indicated that it is on track for additional rate hikes this year, while the pound slipped ahead of the Bank of England’s policy announcement later in…
* Nikkei drops 1.03 pct, pulls back from near 2-week highs * Kobe Steel, Furakawa Elec slump on quarterly earnings * Surge by banks stalls as rise in long-term yield stops By Shinichi Saoshiro TOKYO, Aug 2 (Reuters) – Japan’s…
BANGKOK (AP) — Share benchmarks in Asia are sliding, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports. KEEPING SCORE: Japan’s Nikkei 225…
Investing.com – Asian stocks continued to fall in morning trade on Thursday amid fresh trade concerns. Meanwhile, the Federal Reserve concluded a two-day monetary policy meeting and left interest rate unchanged, as expected. Higher U.S. tariffs on Chinese imports now look…
By Hideyuki Sano TOKYO (Reuters) – Asian stocks tumbled on Thursday as the latest escalation in the Sino-U.S. trade war hit Chinese shares, while global bond markets were rattled by increased borrowing by Washington and Japan’s new tolerance for higher…