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Markets

Hong Kong Shares Inch Higher
Stocks in Hong Kong edged up 27 points, or 0.1%, to 26,186 in Wednesday morning trade, trying to reverse losses…
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Forex

Offshore Yuan Weakens
The offshore yuan weakened to around 7.11 per dollar on Wednesday, snapping a two-session winning streak as cautious remarks from…
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Forex

South Korean Won Falls Amid Tariff Concerns and Firm Dollar
The South Korean won fell to around 1,394 per dollar on Wednesday, extending losses from the previous session as investors…
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Markets

China Stocks Extend Losses on Cautious Mood
The Shanghai Composite slipped 0.1% to below 3,820 and the Shenzhen Component fell 0.2% to 13,090 on Wednesday, marking a…
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Economics

US 10-Year Yield Stabilizes After Powell Remarks
The US 10-year Treasury yield steadied near 4.11% on Wednesday after falling about 5 basis points in the prior session,…
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Economics

Japan 10-Year Yield Holds Near 17-Year Peak
Japan’s 10-year government bond yield held around 1.65% on Wednesday, staying close to 17-year highs as investors weighed the economic…
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Economics

Sweden’s Anna Breman Selected as Next RBNZ Governor
New Zealand Finance Minister Nicola Willis on Wednesday announced the appointment of Anna Breman as the country’s new central bank…
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Economics

Australia 10-Year Yield Rises After Hot Monthly CPI Data
Australia’s 10-year government bond yield rose toward 4.30% on Wednesday, its highest level in more than two weeks, as higher-than-expected…
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Economics

RBA Presses ASX for Governance Overhaul
The Reserve Bank of Australia on Wednesday said in a statement on its website that the Australian Securities Exchange must…
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Metals

Silver Hovers 14-Year High After Powell Comments
Silver stayed above $44 per ounce on Wednesday, hovering near a 14-year high as traders reassessed the Federal Reserve’s outlook…
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