Fed trades 'remarkably positive' for 'no precedents' after volatile year
Yesterday, 14:15
By Howard Schneider WASHINGTON (Reuters) - A year ago, U.S. Federal Reserve Chair Jerome Powell held a "remarkably positive outlook" for an economy enjoying a "historically rare" combination of good news including low unemployment, steady inflation and strong growth that were all expected to continue. When the Fed meets this week, the discussion will be about just how badly that outlook has eroded, and whether officials should still describe ..
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Test marathon gives Tokyo a taste of what to expect at 2020 Games
Yesterday, 14:12
By Mari Saito and Kwiyeon Ha TOKYO (Reuters) - Tokyo held a marathon on Sunday as a test case for whether organizers, athletes, and spectators can cope with sweltering temperatures expected during next year's Summer Olympics and Paralympic Games. Sunday's race featured tents equipped with mist machines for spectators. Officials handed out ice cubes and ice scarves to families waiting in the sun. At some of the rest stops officials said ..
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Leaders of Turkey, Russia, Iran set to tackle Syria turmoil
Yesterday, 14:09
ANKARA (Reuters) - The leaders of Turkey, Russia and Iran meet on Monday to try to secure a lasting truce in northwest Syria following attacks by the government that risk deepening regional turmoil and pushing a new wave of migrants toward Turkey. The summit in Ankara, bringing together countries whose Syrian allies are combatants in a ruinous eight-year-old war, will focus on the Idlib region, the last remaining territory held by rebels seeking ..
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Motorcycling: Marquez extends MotoGP lead with San Marino win
Yesterday, 14:06
(Reuters) - Honda's Marc Marquez took another significant stride toward a sixth MotoGP title by seizing victory in a last-lap duel at the San Marino Grand Prix on Sunday. The Spaniard moved 93 points clear at the top of the standings with six races remaining after denying French Petronas Yamaha rookie Fabio Quartararo a first top-flight victory at Misano's Marco Simoncelli circuit. Yamaha's Maverick Vinales finished third. ..
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Kenyan Kamworor breaks half marathon world record by 17 seconds
Yesterday, 14:03
(Reuters) - Kenya's Geoffrey Kamworor broke the world half-marathon record by 17 seconds in Copenhagen on Sunday when he won the IAAF Gold Label road race with a time of 58 minutes and one second. The 26-year-old made a winning return to the Danish capital, where he won his first world half-marathon title in 2014, breaking the previous record of 58:18 set by compatriot Abraham Kiptum in Valencia last year. "It is very emotional for me to ..
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Forex - Weekly Outlook: Sept 16 - 20
Yesterday, 13:09
Investing.com - The safe haven yen and Swiss franc look likely to strengthen when markets open this week amid heightened geopolitical tensions in the Middle East after weekend attacks on Saudi oil plants disrupted global oil supplies. The U.S. dollar will also be in focus ahead of an expected interest rate cut by the Federal Reserve on Wednesday. Meanwhile Thursday will bring policy meetings in Japan, the U.K., Norway and Switzerland in the wake ..
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Bahamas tourist industry hopes for quick comeback from 'Category Hell' storm
Yesterday, 13:06
By Zachary Fagenson NASSAU (Reuters) - As rescuers search for bodies amid mountains of debris and the stench of death on the Bahamas island of Abaco, life on most of the archipelago's 700 isles is little changed. Cruise ships have pulled in and out of the capital and tourist hub Nassau in the two weeks since Hurricane Dorian struck the northwestern islands, depositing foreign sightseers on shore who haggle for conch shells and T-shirts. ..
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Turkey says Israel becoming 'racist, apartheid regime' with annexation plan
Yesterday, 13:03
ANKARA (Reuters) - Israeli Prime Minister Benjamin Netanyahu's announcement of his intention to annex areas of the West Bank following next week's elections shows Israel is becoming a "racist, apartheid regime", Turkey's foreign minister was quoted as saying on Sunday. Netanyahu said on Tuesday he would annex the Jordan Valley, a swathe of the occupied West Bank that Israel captured in 1967 and which Palestinians want as part of a ..
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Energy & Precious Metals - Weekly Review and Calendar Ahead
Yesterday, 12:09
By Barani Krishnan Investing.com - Donald Trump fired his national security advisor John Bolton, but the Houthis may have lit an even bigger fuse under the motherlode of oil - Saudi Arabia. Saturday’s drone strikes that shut the kingdom’s Abqaiq oil processing complex and Khurais oil field could impact up to nearly 5 million barrels of crude a day, or 5% of daily world supply, if early reports are to be believed. But early reports ..
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Afghan, U.S. forces kill Taliban governors, fighters
Yesterday, 12:06
KABUL (Reuters) - Afghan forces backed by U.S. forces killed two senior Taliban leaders and at least 38 fighters of the hardline insurgent group in joint air strikes conducted in northern and western regions of Afghanistan, officials said on Sunday. The operations, launched on Saturday night, were aimed at foiling attacks planned by the Taliban on Afghan forces, said a senior security official in capital Kabul, adding that clashes have escalated ..
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Latest News

U.S. Stock Index Futures Slide After Oil Jumps on Drone Attack
Today, 04:18
(Bloomberg) -- U.S. stock index futures dropped as global oil prices surged the most on record after a drone strike on a Saudi Arabian oil facility increased geopolitical risk concern. S&P 500 Index futures expiring in December dropped as much as 0.8% as of 9:25 a.m. in Singapore. Contracts slumped 1.4% on the Nasdaq 100 and declined 0.8% on the Dow Jones Industrial Average. Brent crude soared as much as 19.5% and West Texas Intermediate added ..
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Hong Kong's World Class Subway in Crisis After Repeated Attacks
Today, 04:15
(Bloomberg) -- From Sydney to Stockholm, governments looking for help with their rail systems turn to Hong Kong’s MTR Corp., renowned for its speedy, clean and reliable commuter trains. That polished image is now tarnished at home, as months of unrest frequently boils into violence and vandalism on Hong Kong’s subway. MTR facilities have looked more like battlefields on some weekends. Protesters have smashed windows and set fires blazing outside ..
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Next Trump Tariffs May Soon Hit Europe’s Luxury-Goods Exporters
Today, 04:12
(Bloomberg) -- Some of Europe’s top luxury brands are targeted in President Donald Trump’s latest tariff salvo, which could affect billions of dollars in exports of American-bound whiskeys, wine, Champagne, handbags and men’s suits. A panel of three World Trade Organization arbiters, as expected, said Friday the U.S. can legally impose tariffs on an array of European exports in retaliation for Europe’s illegal government aid to Airbus SE. EU ..
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China’s Economy Slows as Industrial Output Weaker Than Expected
Today, 04:09
(Bloomberg) -- China’s economy slowed further in August, indicating current stimulus policies may not be enough to shield the economy from the worsening effects of the trade war with the U.S. Industrial output rose 4.4% from a year earlier, versus a median estimate of 5.2%. Retail sales expanded 7.5%, compared to a projected 7.9% increase. Fixed-asset investment slowed to 5.5% in the first eight months, versus a forecast 5.7%Key Insights The ..
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OxyContin maker Purdue Pharma files for bankruptcy protection
Today, 04:06
By Mike Spector NEW YORK (Reuters) - OxyContin maker Purdue Pharma LP filed for bankruptcy protection in New York Sunday night, succumbing to pressure from more than 2,000 lawsuits alleging the company helped fuel the deadly U.S. opioid epidemic. Purdue's board met Sunday evening to approve the long-expected bankruptcy filing, which the company is pursuing to restructure under terms of a proposal to settle the widespread litigation. Purdue ..
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China’s Industrial Production Growth Slows to 17-Year Low in August
Today, 04:03
Investing.com - China’s industrial production growth slowed to 17-year low in August, data from the National Bureau of Statistics (NBS) showed on Monday. The industrial production rose 4.4% in August from a year earlier, less than the forecasted 5.2% and July’s 4.8%. Official data showed slumps in both manufacturing and mining activities. Manufacturing grew by 4.3% during the month, down from 4.4% in July. Mining output, meanwhile, ..
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