Japan travel stocks rise on rules easing report

Traders see 90% chance of another 75 basis point Fed hike in September: FedWatch The probability that the United States Federal Reserve will raise interest rates by another 75 basis points at its September meeting has risen to 90%, according to the CME Group FedWatch Tracker fed funds futures betting. That’s more than last week’s … Read more

Japan travel stocks rise on rules easing report

North Asian refiners to receive full allocation of Saudi crude in October, Reuters reports Saudi Aramco has notified at least three North Asian refiners that they will receive full contract volumes of crude in October. Reuters reported, citing people with knowledge of the matter. In its first cut in four months, Saudi Arabia has lowered … Read more

North Korea says it will never give up nuclear weapons to counter the US.

SEOUL, South Korea (AP) — North Korean leader Kim Jong Un has stressed his country will never give up the nuclear weapons it needs to counter the United States, which he accused of pushing to weaken the North’s defenses and eventually collapse its government. state media said. Friday. Kim made the comments during a speech … Read more

Hong Kong’s Hang Seng rises 2%, leads Asian markets after Powell’s inflation comments

HSBC says China’s latest inflation readings allow PBOC to maintain accommodative monetary policy China’s latest inflation figures give the People’s Bank of China room to maintain its current monetary stance, HSBC said in a note. “Moderation in price pressures gives the PBOC room to remain accommodative,” said China’s senior economist Erin Xin. Xin added that … Read more

Japan’s Nikkei rises 2% in mixed Asian session after Wall Street rally

Australia’s central bank sees case for slower rate hikes Reserve Bank of Australia Governor Philip Lowe said the central bank “recognizes” that “the case for a slower pace of interest rate rises becomes stronger as the level of the cash rate rises. “. National Australia Bank economist Tapas Stickland said Lowe’s comments may be “signaling … Read more

Japan’s Nikkei rises 2% in mixed Asian session after Wall Street rally

Oil prices rise after Russian threat to halt energy exports Oil prices rose recovering from losses in the previous sessionafter the decision of Russian President Vladimir Putin threat stop oil and gas exports if European nations impose maximum prices on Russian oil. Brent Crude futures rose 1% to settle at $88.88 a barrel, while US … Read more

Asia-Pacific markets are trading lower; China trade data in August falls short of expectations

Pakistan is paying the price for climate crisis caused by other countries: Minister Pakistan faces the worst consequences of the climate crisis thanks in part to the actions of the developed world, Finance Minister Miftah Ismail said, as the country grapples with the worst flooding in its history. Ismail joins a chorus of supporters from … Read more

Asia-Pacific markets are trading lower; China trade data in August falls short of expectations

Pakistan is paying the price for climate crisis caused by other countries: Minister Pakistan faces the worst consequences of the climate crisis thanks in part to the actions of the developed world, Finance Minister Miftah Ismail said, as the country grapples with the worst flooding in its history. Ismail joins a chorus of supporters from … Read more

Typhoon hits South Korea with 3 feet of rain and damaging winds

SEOUL, South Korea (AP) — The most powerful typhoon to hit South Korea in years slammed into the southern region Tuesday, dumping a meter (3 feet) of rain, destroying roads and downing power lines, leaving tens of thousands of homes without electricity before weakening in the sea. Two people were killed and some of the … Read more

Jackson Hole, HKEX cancel morning session due to typhoon warning

Bank of Japan member says he wants to stick to ultra-loose policy Bank of Japan member Toyoaki Nakamura stressed the need to “patiently maintain” his stance on monetary easing, according to Reuters. In a speech, he said that tightening monetary policy when the output gap remains negative would weigh heavily on household economic activities. Japan … Read more