Financial Services

Oct 3, 2023

Stock market today: Unrelenting rise in Treasury yields drags Wall Street lower

Wall Street is sinking again under the weight of higher yields in the bond market


Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
Oct 2, 2023

Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted

Asian shares are mostly higher in thin trading with many markets closed for holidays


Oct 2, 2023

Stock market today: Most of Wall Street slips as the bond market cranks up the pressure

Most stocks closed lower as the constrictor of higher interest rates tightened its coils around Wall Street


Stock market today: Asian markets sink, with Hong Kong down 3% on heavy selling of property stocks
Oct 2, 2023

Stock market today: Asian markets sink, with Hong Kong down 3% on heavy selling of property stocks

Asian markets have declined following a mixed session on Wall Street, where buying was pressured by rising bond yields


Bank of Japan survey shows manufacturers optimistic about economy
Oct 2, 2023

Bank of Japan survey shows manufacturers optimistic about economy

Business sentiment among big Japanese manufacturers improved in July-September for the second straight quarter, according to a central bank survey


JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Sep 26, 2023

JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations

JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein



Sep 25, 2023

Stock market today: Wall Street is mixed as the pressure keeps mounting from the bond market

A sluggish day for stocks is keeping September on track to be the worst month of the year for Wall Street


Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street
Sep 22, 2023

Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street

Asian shares are mixed after another slump on Wall Street driven by expectations for U.S. interest rates to stay high well into next year


Bank of England joins US Fed in avoiding another interest rate hike after inflation declines
Sep 21, 2023

Bank of England joins US Fed in avoiding another interest rate hike after inflation declines

The Bank of England has paused nearly two years of interest rate increases after a surprising fall in U.K. inflation eased concerns about the pace of price rises



The Budget Report

Delivers the latest news of various finance and economic status in the ever-changing world economy to make sure everyone is up-to-date with the current trends.