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TAIPEI: Taiwan’s central bank governor warned on Saturday that rapidly rising U.S. debt could be “unfavourable” to the outlook for U.S. Treasuries and that U.S. President Donald Trump’s trade policies have made investors cautious. Taiwan’s $593 billion in foreign exchange reserves are more than 80% made up of U.S. Treasury bonds, according to the central…
KUALA LUMPUR: Malaysia said on Saturday it would maintain anti-dumping duties on imports of Chinese and Japanese cold rolled coils of iron and non-alloy steel more than 1,300 mm wide. But the trade ministry said in a statement it would terminate anti-dumping duties on imports from South Korea and Vietnam on Monday. The duties, to…
KUALA LUMPUR: The ringgit is expected to stay defensive within a tight range next week, as traders and investors will continue to observe the military conflict in the Middle East, said an analyst. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said that the Israel-Iran war continues to take centre stage as…
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla Inc. Megapack batteries at the Victorian Big Battery site operated by Neoen SA in Moorabool, Victoria, Australia, on Friday, Feb. 3, 2023. Elon Musk helped accelerate a transformation of Australias electricity grid to replace fossil fuels with clean power now it’s a testing ground…
In this article TSM NVDA SMH SSNHZ HXSCL Follow your favorite stocksCREATE FREE ACCOUNT A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Semiconductor stocks…
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday. The two companies did not finalize a deal, according to two people familiar with the matter who asked not to be…
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Published: June 20, 2025 at 2:57 p.m. ET The S&P 500 index SPX has weathered negative news including the Middle East conflict, a poor U.S. Treasury bond auction, and the Federal Reserve not lowering rates. Stocks sold off on these events — but only modestly. Moreover, there has not been any particular disruption in the flow…
The Federal Reserve has held off on cutting interest rates in 2025 to date, although one member of the board of governors is signaling that could change as early as next month. Federal Reserve Governor Christopher Waller said in a Friday interview with CNBC’s “Squawk Box” that he believes the central bank is in a position to…
