As issuers continue to add new credit card benefits and introduce record-high welcome bonuses, choosing the best credit card for you might not be a straightforward process. These are the highest bonuses ever offered on the Southwest Rapid Rewards® Plus Credit Card, Southwest Rapid Rewards® Premier Credit Card, and the Southwest Rapid Rewards® Priority Credit Card. Because Southwest points don't expire, this is a terrific opportunity to stock up on Rapid Rewards points — and save them for when you're ready to travel again. Enjoy complimentary access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world. It's also a good credit card for dining because it earns 4x points at restaurants worldwide (including takeout and delivery) with no cap.
Persons: Mark, Chase, Uber Cash, Uber, cardholders, — you've, Chris Steak, It's, Jasmin Baron Organizations: Finance, Citi, American Express, Chase, Rapid Rewards, Card, Southwest Rapid, Chase Southwest, Chevron, Southwest ®, Southwest, Rewards, Rapid, Business, amextravel.com, U.S, Dell, . Gas, Supermarkets, American, Fine Hotels, Resorts, Saks Fifth, Hilton, Marriott, Saks, PayPal, Sapphire
The best credit cards for the militaryAs a newly minted Airman, I was floored when I first found out about all the credit card perks active duty military members receive. The annual fee is $595 (See Review), but again, it's waived if you're active-duty military. Excellent A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.65 out of 5 Stars Editor's Rating Our editor's ratings are primarily based on 3 things: simplicity, affordability, and value. Excellent A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.65 out of 5 Stars Editor's Rating Our editor's ratings are primarily based on 3 things: simplicity, affordability, and value. The annual fee is $0 for the first year, then $525, but it's waived entirely for active-duty military.
Persons: it's, We're, Amex, Uber Cash, Uber, Cardholders, cardholders, that's, Hilton, You'll, Marriott, Chase doesn't, Chase, That's, Hyatt, you'll, —, They've, you've, Miles, Miles you've Organizations: Finance, Citi, American Express, Business, Servicemembers, Best American, Dell, Saks Fifth, American, . Gas, Supermarkets, Fine Hotels, Resorts, Hilton, Marriott, Saks, Centurion, Delta Sky Clubs, PayPal, amextravel.com, U.S, Hilton Honors, Hilton Diamond, Aspire Card, Marriott Bonvoy Hotels, Ritz, Carlton, Delta SkyMiles ®, Delta, Delta Reserve American, American Express Card, Delta Sky Club, ®, Chase, Chevron, United, Fi, United Club, United Airlines, Hertz, Southwest, Southwest ®, Hyatt, Hyatt Elite, Hyatt Credit Card, Premier, InterContinental ®, Crowne Plaza, Premier Credit Card, Best Navy, Navy Federal, Federal, Navy, & $ Locations: thelimited, Chevron, Marriott, St, Regis
Jan 18 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0213 GMT. Currency Latest bid Previous Pct day Move Japan yen 103.720 103.87 +0.14 Sing dlr 1.331 1.3297 -0.09 Taiwan dlr 27.974 28.48 +1.81 Korean won 1103.400 1099.4 -0.36 Baht 30.080 30.02 -0.20 Peso 48.055 48.04 -0.03 Rupiah 14050.000 14010 -0.28 Rupee 73.070 73.07 0.00 Ringgit 4.043 4.035 -0.20 Yuan 6.481 6.4817 +0.02 Change so far in 2021 Currency Latest bid End 2020 Pct Move Japan yen 103.720 103.24 -0.46 Sing dlr 1.331 1.3209 -0.75 Taiwan dlr 27.974 28.483 +1.82 Korean won 1103.400 1086.20 -1.56 Baht 30.080 29.96 -0.40 Peso 48.055 48.01 -0.09 Rupiah 14050.000 14040 -0.07 Rupee 73.070 73.07 -0.01 Ringgit 4.043 4.0400 -0.07 Yuan 6.481 6.5283 +0.74 (Compiled by Shriya Ramakrishnan in Bengaluru; Editing by Shailesh Kuber)
Persons: Shriya, Shailesh Kuber Locations: Taiwan, Bengaluru
Amazon paid a marketing specialist $95,000, and Apple paid a creative director $300,000. Some current salaries:Growth marketing manager, marketing technology: $150,000$150,000 Creative director, growth and traffic: $215,000$215,000 Global search engine marketing lead: $250,000$250,000 Director, marketing financial planning and analysis: $280,000Amazon paid a creative services specialist $118,500Amazon CEO Jeff Bezos. These are salaries and ranges from across the company's marketing division:Associate product marketing manager: $101,000$101,000 Marketing associate: $104,000$104,000 Marketing events manager: $123,900$123,900 Product marketing manager: $133,000$133,000 Marketing analyst: $144,000$144,000 Agency business development lead: $150,000$150,000 Marketing and analytics lead: $156,000$156,000 Product marketing manager: $164,000$164,000 Creative technologist: $191,000$191,000 Account marketing manager: $201,000$201,000 Creative lead: $260,000$260,000 Creative director: $290,000$290,000 Director, product marketing management: $315,000LinkedIn paid a product marketing group manager between $186,989 and $238,000LinkedIn CEO Ryan Roslansky. Here are some current salaries:Client account manager: $94,806$94,806 Lead, marketing manager: $180,000$180,000 Communications director: $250,000$250,000 Senior director, global growth and product marketing: $347,000Uber paid a senior marketing manager $185,000Uber CEO Dara Khosrowshahi. Here's a snapshot of how much the ride-hailing company paid for marketing roles:
Persons: Airbnb, Brian Chesky, Mike Segar, Jeff Bezos, Bezos, Twitch, Tim Cook, Apple, Mark Zuckerberg, Charles Platiau, Here's, Sundar Pichai, Yves Herman, Ryan Roslansky, Kelly Sullivan, Satya Nadella, Satya Nadella's, Jack Dorsey, Drew Angerer, Dara Khosrowshahi, Saul Loeb, Jill Hazelbaker, Mike Strickman, Thomas Ranese Organizations: Tech, Google, Microsoft, Amazon, Procter, Gamble, Business, of Foreign, Apple, Technology, Facebook, Twitter, US Department of Labor's, Foreign Labor, Department of Labor, Reuters, Global, Getty, Media, Lab, Brand, Super, Agency, Reuters Microsoft, Software Locations: America, California
Jan 22 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0209 GMT. Currency Latest bid Previous Pct day Move Japan yen 103.530 103.48 -0.05 Sing dlr 1.324 1.322 -0.11 Taiwan dlr 27.940 28.373 +1.55 Korean won 1101.200 1098.2 -0.27 Baht 29.950 29.92 -0.10 Peso 48.070 48.08 +0.02 Rupiah 13990.000 13980 -0.07 Rupee 72.990 72.99 0.00 Ringgit 4.034 4.028 -0.15 Yuan 6.468 6.4595 -0.13 Change so far in 2021 Currency Latest bid End 2020 Pct Move Japan yen 103.530 103.24 -0.28 Sing dlr 1.324 1.3209 -0.20 Taiwan dlr 27.940 28.483 +1.94 Korean won 1101.200 1086.20 -1.36 Baht 29.950 29.96 +0.03 Peso 48.070 48.01 -0.12 Rupiah 13990.000 14040 +0.36 Rupee 72.990 73.07 +0.10 Ringgit 4.034 4.0400 +0.15 Yuan 6.468 6.5283 +0.93 (Compiled by Shriya Ramakrishnan in Bengaluru)
Persons: Shriya Locations: Taiwan, Bengaluru
Jan 19 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0206 GMT. Currency Latest bid Previous day Pct Move Japan yen 103.860 103.69 -0.16 Sing dlr 1.329 1.3309 +0.13 Taiwan dlr 27.968 28.49 +1.87 Korean won 1101.400 1103.9 +0.23 Baht 30.050 30.12 +0.23 Peso 48.060 48.05 -0.02 Rupiah 14050.000 14060 +0.07 Rupee 73.275 73.275 0.00 Ringgit 4.045 4.05 +0.14 Yuan 6.486 6.4921 +0.10 Change so far in 2021 Currency Latest bid End 2020 Pct Move Japan yen 103.860 103.24 -0.60 Sing dlr 1.329 1.3209 -0.62 Taiwan dlr 27.968 28.483 +1.84 Korean won 1101.400 1086.20 -1.38 Baht 30.050 29.96 -0.30 Peso 48.060 48.01 -0.10 Rupiah 14050.000 14040 -0.07 Rupee 73.275 73.07 -0.29 Ringgit 4.045 4.0400 -0.11 Yuan 6.486 6.5283 +0.66 (Compiled by Shriya Ramakrishnan in Bengaluru)
Persons: Shriya Locations: Taiwan, Bengaluru
Tennessee, Texas, and Florida saw the arrival of more one-way U-Haul trucks than any other states in 2020. U-Haul data shows that more people moved to Tennessee than any other state last year amid the coronavirus pandemic. And as a result, Texas and Florida were bumped down to second and third place, respectively. One-way U-Haul users headed to Tennessee increased 12% year-over-year, while trucks leaving increased 9%, according to U-Haul. After the coronavirus-induced national emergency was called in March, the 30 most occupied cities in the US had more U-Haul trucks departing than arriving for the following three months.
Persons: Read, Elon Musk, Jeff Porter, Porter, they're Organizations: Washington DC, Hawaii wasn't, Rhode, Washington, Washington , D.C Locations: Tennessee, Texas, Florida, California, Austin, Valley, Nashville, New York City, Silicon, Hawaii, Ohio, Arizona, Colorado, Missouri, Nevada, North Carolina, Georgia, Arkansas, Indiana, Wisconsin, Oklahoma, Carolina, Virginia, Utah, Kentucky, Montana, Minnesota, Kansas, Alabama, New Hampshire, Iowa, Dakota, Vermont, Delaware, Maine, Idaho, Mississippi, Nebraska, Wyoming, Alaska, Washington ,, New Mexico, Michigan, Pennsylvania, York, Connecticut, Louisiana, Oregon, Maryland, Massachusetts, New Jersey, Illinois
The dollar has been helped in January by rising U.S. Treasury yields and some investor caution about the strength of the global economic recovery from the coronavirus pandemic. Yellen is expected to appear before the Senate Finance Committee later on Tuesday. "Investors were clearly upbeat about the prospect of President-elect (Joe) Biden's $1.9 trillion dollar stimulus proposal," said Boris Schlossberg, managing director, at BK Asset Management in New York. The Wall Street Journal on Monday reported Yellen will affirm a more conventional commitment to market-set currency rates in her Senate testimony on Tuesday. Rising commodity prices in recent months have boosted currencies of countries with large commodity exports, such as Australia and Canada.
Persons: Gertrude Chavez, Dreyfuss, Janet Yellen, Yellen, Joe, Boris Schlossberg, Donald Trump, Giuseppe Conte's, Lee Hardman, Sterling, Tommy Wilkes, Andrea Ricci Organizations: YORK, U.S, Treasury, Senate Finance, BK Asset Management, Italian, RIC Locations: New York, Australia, Canada, Norway, Sweden, London
WASHINGTON — The Dow Jones Average has increased by more than 10,000 points since outgoing President Donald Trump’s inauguration four years ago. These numbers tell only part of the story of Trump’s presidency, failing to capture the tweets, controversies, Supreme Court nominations and impeachments — plural — during his four years in the Oval Office. But they do help frame the overall economic and financial environment that existed before Trump became president and the one that exists as he leaves office on Jan. 20. Below is a statistical look at Trump’s presidency. The “then” figure is the best-available number for when Trump first took office in 2009.
Persons: WASHINGTON, Donald Trump’s, that’s, Trump’s, Trump, Barack Obama’s, Jon Ossoff, Raphael Warnock Organizations: Dow, Trump, Obama, U.S . House, Representatives, Senate, Health Locations: —, U.S, Afghanistan, Iraq
FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. But most analysts are sticking with their calls for a weaker dollar from here. Expectations go back to the idea of a swift fiscal U.S. stimulus,” said Simon Harvey, senior FX market analyst at Monex Europe in London. With the dollar weakening, the euro gained, rising 0.4% to $1.2121, largely shrugging off the fact that Italian Prime Minister Giuseppe Conte’s facing a confidence vote to stay in office. The dollar rose 0.2% against the yen to 103.86 yen, still consolidating in a narrow range after hitting a one-month high of 104.40 last week.
Persons: Janet Yellen, ”, Simon Harvey, Yellen, Donald Trump, Mark Haefele, Giuseppe Conte’s, Sterling Organizations: YORK, Treasury, REUTERS, U.S, Senate, FX, Monex, UBS Global Wealth Management, Italian, RIC Locations: U.S, Tokyo, London, United States, Australia, Canada, Norway, Sweden
Jan 21 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0215 GMT. Currency Latest bid Previous day Pct Move Japan yen 103.550 103.52 -0.03 Sing dlr 1.324 1.3245 +0.03 Taiwan dlr 27.964 28.415 +1.61 Korean won 1099.500 1100.3 +0.07 Baht 29.930 29.98 +0.17 Peso 48.042 48.05 +0.02 Rupiah 14020.000 14020 +0.00 Rupee 73.030 73.03 0.00 Ringgit 4.033 4.043 +0.25 Yuan 6.462 6.463 +0.02 Change so far in 2021 Currency Latest bid End 2020 Pct Move Japan yen 103.550 103.24 -0.30 Sing dlr 1.324 1.3209 -0.24 Taiwan dlr 27.964 28.483 +1.86 Korean won 1099.500 1086.20 -1.21 Baht 29.930 29.96 +0.10 Peso 48.042 48.01 -0.07 Rupiah 14020.000 14040 +0.14 Rupee 73.030 73.07 +0.05 Ringgit 4.033 4.0400 +0.17 Yuan 6.462 6.5283 +1.03 (Compiled by Nikhil Kurian Nainan in Bengaluru; Editing by Subhranshu Sahu)
Persons: Nikhil Kurian, Subhranshu Sahu Locations: Taiwan, Bengaluru
The ECB, which kept interest rates steady on Thursday, also pledged to provide more support for the economy if needed. The bank said it plans to raise rates early next year as the economy recovers from the coronavirus pandemic. In midmorning trading, the dollar index fell 0.3% to 90.11, after touching a nearly one-month high of 90.956 on Monday. The greenback also dropped versus currencies tied to commodity prices such as the Australian, Canadian, and New Zealand dollars. That said, Wells Fargo's Nelson thinks the dollar is due for a reversal from its current weak trend in the coming weeks.
Persons: ECB's, Gertrude Chavez, Dreyfuss, Christine Lagarde, Joe Biden's, we're, Erik Nelson, Wells, Nelson, Sterling, Wells Fargo's Nelson, Biden, bitcoin, Julien Ponthus, Toby Chopra, Jonathan Oatis Organizations: Norges Bank, Biden, Sterling, YORK, European Central Bank, ECB, Democratic, Bank of Canada, Tiff, Australian, New, RIC Locations: New York, Norwegian, New Zealand, Norway, Sweden, London
Salomon Melgen: Trump commuted the prison sentence of Melgen, an eye doctor and major Democratic donor convicted of defrauding Medicare patients. Urlacher faced two counts in the case, each of which had carried a potential prison sentence of five years. Here is the full list, as provided by the White House:Abel Holtz – President Trump granted a full pardon to Abel Holtz. Jaime A. Davidson – President Trump commuted the sentence of Jaime A. Davidson. Those assisted by Ms. Povah’s organization include Ms. Adrianne Miller, whose remaining prison sentence the President commuted.
Persons: Donald Trump, Steve Bannon, Elliott Broidy, Alex Adjmi, Adjmi, Fred Keith Alford, Alford, Michael Ashley, Ashley, Stephen K, Bannon, Trump's, —, Guo Wengui, Lynn Barney, Trump, David Barren, Barack Obama, Faustino Bernadett, Bernadett, “, ”, Carl Andrews Boggs, Boggs, Kristina Bohnenkamp, Todd Boulanger, Jack Abramoff, Boulanger, Abramoff, Jonathon Braun, Braun, Broidy, Dwayne Michael Carter Jr, Carter, Lil Wayne, Randall “ Duke ” Cunningham, Paul Erickson, Erickson, Rodney Nakia Gibson, Gibson, Jeffrey Rosen, couldn’t, George Gilmore, Gilmore, Chris Christie, Gregory, Martin Jorgensen, Deborah Jorgensen, Gregory Jorgensen, Bill K, Bill Kapri, Kwame Kilpatrick, Kilpatrick, Kenneth Kurson, Kurson, Jared Kushner, Anthony Levandowski, Salomon Melgen, New Jersey Sen, Bob Menendez, Desiree Perez, Perez, Jay, Rick Renzi, Aviem Sella, Sella, Jonathan Jay Pollard, Benjamin Netanyahu, Brian Simmons, Syrita Steib, Syrita, Steib, Patrick Lee Swisher, Patrick Swisher, Swisher, David Tamman, Tamman, Casey Urlacher, Urlacher, Brian Urlacher, Monstsho Eugene Vernon, Vernon, Blanca, Blanca Virgen, Virgen, Jerry Donnell Walden, Walden, John Harold Wall, Wall, ’, William Walters, Las, Walters, Harry Reid, Phil Mickelson, Eliyahu Weinstein, Weinstein, Brett Tolman, Bob Barr, Alan Dershowitz, Shalom Weiss, Weiss, Jay Sekulow, Tom Leroy Whitehurst, Whitehurst, he’s, Caroline Yeats, Chris Young, Young, Kim Kardashian, Robert, Bob, Zangrillo, Robert Zangrillo, Abel Holtz –, Abel Holtz, Representative Mario Diaz, Balart, Holtz, Jaime A, Davidson, Davidson’s, Alice Johnson, James E, Johnson, Jr, Tommaso Buti, Buti, Jawad A, Musa –, Musa, Adriana Shayota –, Adriana Shayota, Shayota, John McCann, Glen Moss, Moss, Michael Liberty, Liberty’s, Susan Austin, Matthew E, Anthony Fratianne, Liberty, Greg Reyes, Shon Hopwood, Reyes, Ferrell Damon Scott, Sam Sheldon, …, Scott, Ms, Mr, Jeffrey Alan Conway, Conway’s, Gary N, Solomon, Ely Hurwitz, Conway, Benedict Olberding, Olberding, Lou Hobbs, Hobbs, Matthew Antoine Canady –, Matthew Antoine Canady, Canady, Mario Claiborne, Claiborne, Luis Fernando Sicard, Sicard, DeWayne Phelps, Phelps, Isaac Nelson –, Isaac Nelson, Nelson, Traie Tavares Kelly, Kelly, Javier Gonzales, Gonzales, Eric Wesley Patton, Rod Rosenstein, Patton, Robert William Cawthon –, Robert William Cawthon, Cawthon, Hal Knudson Mergler, Mergler, Gary Evan Hendler –, Gary Evan Hendler, Hendler, Tom Wolf, Steven Samuel Grantham, Grantham, Clarence Olin Freeman, Freeman, John Knock, Kenneth Charles Fragoso, Fragoso, Luis Gonzalez, Gonzalez, Anthony DeJohn, DeJohn, Corvain Cooper, Cooper, Long, . Long, Michael Pelletier –, Michael Pelletier, Pelletier, Craig Cesal, Cesal, Darrell Frazier, Frazier, Joe Johnson, Lavonne Roach, Roach, Robert Francis –, Robert Francis, Francis, Houston , Texas Derrick Smith, Derrick Smith, Smith, Raymond Hersman, Hersman, James Romans, Michael Harris, Harris, Kyle Kimoto, Kimoto, Chalana McFarland, McFarland, John Estin Davis, Caroline Bryan, Luke Bryan, Ellen Boyer, Amy Davis, Kim Davis, Brandon McWherter, Sheila McWherter, Jeff Hall, Brad Maltz, Brent Ford, Mark Lotito, Keri Rowland, Mark Rowland, Stephen Stock, Davis, Douglas Jemal, Jemal, Noah Kleinman –, Noah Kleinman, Kleinman, Scott Harkonen, Harkonen, Johnny D, Phillips, Rand Paul, Mahmoud Reza Banki, John Lewis, Diane Feinstein, Banki, Tena Logan, Logan, MaryAnne Locke, Locke, Jodi Lynn Richter, Richter, Mary Roberts –, Mary Roberts, Roberts, Cassandra Ann Kasowski, Kasowski, Lerna Lea Paulson, Paulson, Ann Butler, Butler, Sydney Navarro, Navarro, Tara Perry, Perry, John Nystrom, Kristi Noem, Michael Rounds, . Nystrom, Nystrom, Jessica Frease, Lynne Hix, Frease, Robert Cannon, Robin ” Hayes, Hayes, Thom Tillis, Thomas Kenton “ Ken ” Ford, Ken Ford, Ford’s, Ford, ” Jon Harder, Jon Harder, Michael Hogan, Ford Elsaesser, Harder, Judge Hogan, Elsaesser, Scott Conor Crosby, Crosby, Martha McSally, Adrianne Miller, Miller, Joshua J, Smith ., Bill Lee, Tim Burchett, Tennessee Department of Corrections Tony Parker, David Rausch, Amy Povah, Povah, Clinton, Frederick Nahas, Jeff Van Drew, Dr, Nahas, Fred “ Dave ” Clark, Dave Clark’s, Ken Starr, Clark, Todd Farha, Thaddeus Bereday, William Kale, Paul Behrens, Peter Clay –, Peter Clay, Farha, Kale, Behrens, Clay, David Rowland –, David Rowland, Lindsey Graham, Rowland, Stephen Odzer, Matthew Whitaker, Sigmund “ Sig ” Rogich, Jason Greenblatt, Michael Steinhardt, Wayne Allyn Root, Salvador Moran, Odzer, James Brian Cruz –, James Brian Cruz, Cruz’s, Robert Jeffress, Kelly Shackelford, Cruz, ” Mr, ” Steven Benjamin Floyd –, Steven Benjamin Floyd, Mark Green, Floyd, Joey Hancock, Roger Wicker, Hancock, David E, Governor Lee, ” James Austin Hayes, James Austin Hayes, Hayes’s, Paula White, Rick Hendrick, Jeff Gordon, Drew Brownstein, Makan Delrahim, Brownstein, Robert Bowker, Bowker’s, Ann Marie Pallan, Sherriff Butch Anderson, Robert Trump, Bowker, Lacey, Rudy “, Komarek, Amir Khan, Khan, Jude Children’s, Robert Sherrill –, Robert Sherrill, Sherrill, Robert S, Corkern, Cindy Hyde, Phil Bryant, Michael Mansour, David Lamar Clanton, Alton Shaw, Mark Galtelli, Terri Rielley, Clanton, Clanton’s, Hillel Nahmad, Nahmad, Brian McSwain –, Brian McSwain, McSwain, John Duncan Fordham, Fordham, William “ Ed ” Henry –, William “ Ed ” Henry of Alabama, Tommy Tuberville, Henry, Jeff Cheney, Marquis Dargon, Jennings Gilbert, Dwayne L, Harrison, Reginald Dinez Johnson, Sharon King, Hector Madrigal, Sr Organizations: America, White, Prosecutors, . Postal Inspection Service, Attorney’s, Department of Justice, Customs, Republican National Committee, Trump, California Republican, NRA, GOP, New, New Jersey Gov, New York Observer, cyberstalking, Technologies, Roc Nation, Former U.S . Rep, Israeli, Securities and Exchange Commission, Chicago Bears, National Association of Criminal Defense, U.S, University of Southern, Representative, City, City of Miami Beach, Mr, –, UNICEF, St Jude's Hospital for Children, Breast Cancer, Colon Cancer Foundation, Danbury Hospital, Michael Liberty –, United, Communications, Circuit, Appeals, CAN, DO Foundation, Bureau of Prisons, Mario Claiborne –, AA, Pennsylvania, United States Navy, UNICOR, Catholic, Joe Johnson Tennis Foundation, Chalana McFarland –, United States, Middle, Middle District of, University of California, Princeton University, Sydney, Sydney Navarro –, Crowe, Sunday, Knights, Habitat, Humanity, North, North Carolina Republican Party, National Council of Republican, North Carolina Congressional, Thomas Kenton “ Ken ” Ford –, Sunwest Management Inc, Federal, Mayor, State of, Offenders, Smith . Tennessee, Tennessee Department of Corrections, Tennessee Bureau, Fred “ Dave ” Clark –, Aleph Institute, CATO Institute, Reason Foundation, National Association of Criminal Defense Lawyers, Messrs, Service, Baptist Church, First Liberty Institute, United States Marines Corps, Valor, Hendrick Motorsports, NASCAR, Antitrust, Boys & Girls, Jewish Family Services of Colorado, Miami, Humane Society of, World Wildlife Fund, Wildlife Conservation Society, St, Jude, Jude Children’s Hospital, Boys Town, Covenant, Towers Foundation, Salvation Army, Mississippi Army National Guard, District Locations: Covid, Malaysian, California, Florida, New Jersey, Detroit, Former, Arizona, Israeli, Israel, U.S, New Orleans, Charlotte , North Carolina, Mettawa , Illinois, Greenville , South Carolina, Blanca Virgen, Mexico, Las Vegas, Lakewood , N.J, Miami , FL, South Florida, City of Miami, Italian, United States, Baltimore , Maryland, Chula Vista , California, Ann's, UNICOR, Houston , Texas, American, Middle District, Middle District of Tennessee, Iranian American, Berkeley, Los Angeles, Knights of Columbus, South Dakota, North Carolina, Government, Sunwest’s, Mesa , Arizona, State of Arizona, America, overcriminalization, New York City, Dallas , Texas, Iraq, Denver, District of South Carolina
Losses in South Korea's KOSPI accelerated in afternoon trade, with the benchmark index sliding as much as 2.7%. "The earlier the BNM cuts, the better it will be to soften the blow to the economy from the worsening pandemic." The ringgit weakened 0.3%, tracking a drop in crude prices, one of Malaysia's top export items. Most other Asian currencies also struggled to make headway as softening U.S. economic data and rising global coronavirus cases lifted the greenback's safe-haven appeal. Philippine shares pared some of its earlier losses to trade 0.5% lower, boosted by few blue chip consumer and real estate stocks.
Persons: Shriya Ramakrishnan, Jay Y, Lee Seung, BNM, Shriya, Jihoon Lee, Rashmi Aich Organizations: Korean, Samsung Electronics, Eugene Investment, Securities, Samsung, Malaysian, Reuters, Bank Negara Malaysia, ING, FTSE, Universal Robina Corp, Aboitiz Power Corp, Ayala Corp, Asia Locations: Asia, Malaysia, South Korea's, Bank, Philippines, FTSE Bursa Malaysia Kl, Genting Malaysia, Genting, Japan, China, India, Philippi, Taiwan, Thailand, Bengaluru
Stocks in Jakarta fell nearly 2%, while equities elsewhere in Asia also dipped, taking cues from a pause in a stimulus-driven global market rally. MSCI's broadest index of Asia-Pacific stocks outside of Japan was down 0.8% after hitting a record high the previous day. Regional currencies dipped as the dollar index regained some footing after three days of declines. Taiwan's dollar once again stood out with gains of more than 1% against the dollar. Blue chip consumer and real estate stocks were the biggest drags on the index.
Persons: Shriya Ramakrishnan, Joko Widodo, Anthony Kevin, Sekuritas, Pilar, Shriya, Gaurav Dogra, Shailesh Kuber Organizations: Mirae, South Korean, Singapore, Asia FX, FTSE Straits Times, Indonesia Tbk, SM Investments Corp Locations: Stocks, Jakarta, Asia, Pacific, Japan, Indonesia, disbursement, Malaysian, Philippines, South Korea, China, India, Malaysia, Philippi, Taiwan, Thailand, Bengaluru
Sixty-one percent of all voters — but just 21 percent of Republicans — say Biden did win legitimately. And even for the half of Republicans who say they prioritize the GOP generally over allegiance to Trump, his high approval remains unmoved by recent events. Among Republicans who say their primary loyalty is to Trump over the party, 98 percent approve of his performance. (Those findings, however, contrast with a recent Pew poll showing Trump’s job rating declining among Republicans.) An additional 9 percent say Trump is "not as good as most."
Persons: WASHINGTON, Donald Trump, —, Joe Biden, Biden, Trump, ”, Hart, Jeff Horwitt, Bill McInturff, we’ve, George W, Bush, Bill Clinton, Barack Obama, “, Obama, Clinton, Harris, Kamala Harris, Joe Biden’s, Jill Biden, Michelle Obama, Melania Trump Organizations: Capitol, NBC, Trump, Republicans, Republicans —, GOP, Republican, Democratic, Hart Research, —, House Locations: Charlottesville , Virginia
Monday: Kimberly-Clark earningsKimberly-Clark Q4 2020 earnings release before the bell; conference call at 10 a.m. General Electric Q4 2020 earnings release before the bell; conference call at 8 a.m. American Express Q4 2020 earnings release before the bell: conference call at 8:30 a.m. Friday: Honeywell, Chevron, Caterpillar and Eli Lilly earningsHoneywell Q4 2020 earnings release before the bell; conference call at 8:30 a.m. Eli Lilly Q4 2020 earnings release before the bell; conference call at 9 a.m.
Persons: CNBC's Jim Cramer, Joe Biden's, Cramer, Covid, Kimberly, Clark, Johnson, Ruvic, Larry Culp, Biden, That's, AMD's, you've, Richard Baker, Jerome Powell, it's, I've, They've, I'm, Tesla, Elon Musk doesn't, Noam Galai, Donald Trump, Eli Lilly, Honeywell's, Oil's, Eli Lilly's ramped Organizations: Nasdaq, Dow Jones, Dow, Zacks Investment Research, Reuters, Electric, AMD, Microsoft, Johnson, General Electric, Starbucks, Boeing, Farnborough, Pictures, Abbott Laboratories, Apple, Facebook, Federal, Abbott, FDA, Mastercard, Visa, Skyworks, PayPal, Honeywell, Chevron, Caterpillar Locations: United States, China, McDonald's, Union, New York City
A stock market crash is a sudden or severe drop in overall share prices, usually within a day. Whenever the majority of them — or a representative group of them, called a stock market index — takes an especially large dive, a panicked cry often arises:"The stock market has crashed! Here is a closer look at what a stock market crash really is and what you need to know before one impacts your portfolio. There are many definitions of what a stock market crash is. What causes a stock market crash?
Persons: —, Dow Jones, dotcoms Organizations: Dow Jones, Dow, Industrial, New York Stock Exchange, Venture, Federal Reserve Locations: Asia, Europe, COVID, New York City
The 2020 Land Rover Defender is the first new Defender to be sold here from the factory since 1997. 2020 Land Rover Defender 110 SE. 2020 Land Rover Defender 110 SE. 2020 Land Rover Defender 110 SE. 2020 Land Rover Defender 110 SE.
Persons: Kristen Lee, you'd, There's, Usain, who'd, you've, Papa Bear's, Kristen Lee It's, Lee, — Organizations: Defenders, Rover, Land Rover Defenders, BMW, Honda Pilots, Toyota, Land Rover, Porsche, Jeep, Mercedes, Benz, Ford
FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. The dollar fell close to 7% last year on expectations U.S. monetary policy would stay ultra-loose and amid hopes for a post-pandemic global recovery. “We’ve seen comments from Janet Yellen that she won’t be pursuing a weak dollar policy per se, but that doesn’t mean that the overall impact of Fed policy won’t keep the dollar weakening,” said Michael McCarthy, chief strategist at broker CMC Markets in Sydney. Such large positions suggest that traders would be relatively more inclined to reduce their positions than add to already big bets. The dollar gained 0.3% to 104.05 yen, although still consolidating in a narrow range after reaching a one-month high of 104.40 last week.
Persons: Janet Yellen, Joe Biden, Nakao, Donald Trump, “ We’ve, won’t, ”, Michael McCarthy, “, Martin Luther King Jr Organizations: U.S, Treasury, REUTERS, Wall Street, CMC, RIC Locations: TOKYO, Tokyo, Asia, U.S, Sydney
Most emerging Asian currencies weakened as the dollar index picked up steam after three days of declines, as optimism about more pandemic relief in the United States under the Biden administration drove up demand for riskier assets. Philippine shares also sank more than 1% on a continued sell-off led by foreign investors, with almost all sectors in the red. The benchmark index was headed for a sixth straight day of losses and a near 3% drop for the week. "Week-to-date, foreign stock investment declined about $70.86 million.. that is the most in over one month," said Daniel Dubrovsky, a strategist at trading firm DailyFX. The Taiwan dollar is up nearly 2% this year following a 5.3% gain in 2020.
Persons: Shriya Ramakrishnan, Biden, Daniel Dubrovsky, Shriya, Simon Cameron, Moore Organizations: Taiwan, Mizuho Bank, South Korean, greenback, Malaysian, Singapore, Indonesia Tbk, Sumber, Energy, SM Investments Corp Locations: Indonesia, COVID, Jakarta, Asia, United States, Thailand, Taiwan, Philippines, Japan, China, India, Malaysia, Singapore, Bengaluru
Donald Trump's income has dropped at least $138 million during the pandemic, which has ravaged the hospitality industry. Trump International Hotel in Washington, DC. Trump International Hotel in Washington, D.C.: $25.4 million loss2019 revenue: $40.5 million2020 revenue: $15.1 millionThe hotel, which is blocks away from the White House, is one of Trump's most notable conflicts of interests. Trump International Golf Resort Doonbeg AP Photo/Peter Morrison6. MacLeod House, a sixteen room boutique hotel, at the Trump International golf course in Balmedie, Scotland.
Persons: Donald, Donald Trump, he's, Trump, Nicolas Graf, Jonathan M, Warren Little, Michael M, Trump's, Phil Ruffin, Joe Cavaretta, Trump Ruffin, Scott Heppell, John Antczak, Peter Morrison, Mike Pence's, Wollman, Mark Lennihan, Bill De Blasio, Seth Wenig, MacLeod, Renee Graham, Joe Organizations: Doral, ., Bloomberg, Ethics, Screen, Revenue, Mar, Trump, Tisch Center of Hospitality, Trump Doral, Getty, Deutsche Bank . Trump International Hotel, Trump International Hotel, White, Public, AP, Golf Club Los, Golf Club, Service, Capitol, New, Trump Organization, PGA, America, Trump International, Glasgow Prestwick Airport, Joe Biden International, New York AP, Trump Restaurants Locations: Miami, Washington , DC, Washington ,, Las Vegas , Nevada, Turnberry, Scotland, U.S, Britain, British, Rancho Palos Verdes , California, Los Angeles , California, Doonbeg, Ireland, Dublin, New York, New York City, Bedminster, N.J, Bedminster , New Jersey, Balmedie, Trump Tower
The currency is set to log a weekly drop of 3.2%, the most among other Latin American units. Most emerging market currencies were weaker on Friday against a dollar which rose for the first time in four days as bleak economic data weighed on risk sentiment. Mexico's peso shed 0.9%, with data showing consumer prices rose in the year through the first half of January, beating expectations. The Chilean peso fell 1.4%, but was on track to end the week with gains of 1.7%, benefiting from a steady rise in prices of copper, its biggest export. Colombia's peso fell 1.3% and was on track to record weekly declines of 1.6% as oil prices retreated further from 11 month highs.
Persons: outperforms, Shreyashi Sanyal, Nikhil Sanghani, Angus MacSwan Organizations: Analysts, Capital Economics, Paulo, IRB Brasil, Mexico IPC, Argentina MerVal 48662.41 Locations: America, Brazilian, Brazil, Mexico, Chile, Argentina, Colombia, Peru, Bengaluru
Trading across other emerging Asian stocks markets remained subdued despite a better-than-expected economic reading from China, the region's largest trade partner, as weaker U.S. retail sales and rising global coronavirus cases kept investors cautious. Shares in Manila dropped as much as 1.1% and the peso dipped after the Philippines extended a ban on travellers from more than 30 countries. Malaysian shares dropped 1.1%, with banking stocks accounting for a major chunk of the losses. The ringgit weakened 0.3%, tracking a drop in crude prices, one of Malaysia's top exports. Stocks in Thailand extended declines after the country's central bank warned it might cut its growth forecast for this year, while a drop in shares of index heavyweight Samsung Electronics pressured South Korea's KOSPI.
Persons: Shriya Ramakrishnan, Mitul Kotecha, Shriya, Gerry Doyle Organizations: Malaysian, South Korean, Mizuho Bank, Samsung Electronics, TD Securities, FTSE, Genting, CIMB, Holdings, Robinsons Land Corp, BDO Unibank Inc Locations: China, Manila, Philippines, Asia, Britain, Philippine, COVID, Thailand, FTSE Bursa Malaysia Kl, Japan, India, Malaysia, Philippi, Taiwan, Bengaluru
Treasury prices initially slid but as they moved higher, yields fell, with the benchmark 10-year note trading lower at 1.082%, or down 1 basis point from late Tuesday. The market was looking past the inauguration at this point, said Tom Simons, money market economist at Jefferies LLC, in New York. Yields on the 20-year bond trended lower, trading toward the end of the session at 1.631%, compared to Tuesday's close of 1.64%. The government will sell $15 billion in 10-year Treasury Inflation Protected Securities, or TIPS, at auction on Thursday. The yield curve between two-year and 10-year notes edged lower as yields fell to 95.30 basis points, down from 95.60 bid at the close on Tuesday.
Persons: Herbert Lash NEW, Joe Biden, Biden, Donald Trump, Tom Simons, Lou Brien, Brien, Herbert Lash, Mark Heinrich, Nick Zieminski Organizations: Herbert Lash NEW YORK, Treasury, Jefferies LLC, Securities Locations: U.S, New York, Chicago
"The string of rate reductions in 2020 have yet to bear fruit," said Nicholas Mapa, a senior economist at ING. The rupiah was up 0.3% after the decision, while shares in Jakarta traded 0.3% lower. The Malaysian ringgit and South Korean won advanced 0.3% and 0.2% each against the greenback. South Korean shares extended gains to a third straight session, while Taiwanese stocks closed up more than 2% at an all-time high. Data showed South Korea's exports expanded at a much faster pace in the first 20 days of January, and Taiwan's export orders hit a record high in 2020.
Persons: Shriya Ramakrishnan, Nicholas Mapa, Jardine Matheson, Tbk, Shriya, Arun Koyyur Organizations: Bank Indonesia, South, ING, Malaysian, South Korean, greenback . South, Standard Chartered, Reliance Industries, Future, Singapore STI, Jardine, Jardine Matheson Holdings, Carriage Ltd, Sumber, Energy Locations: U.S, Jakarta, South Korea, Taiwan, Asia, Japan, China, India, Malaysia, Philippi, Thailand, Bengaluru
Emerging Asian currencies firmed as U.S. Treasury Secretary nominee Janet Yellen's push for a hefty fiscal relief package knocked the dollar index from a one-month high and lifted appetite for riskier assets. The Singapore dollar, South Korean won and Thai baht advanced between 0.2% and 0.3% against the greenback. Kuala Lumpur's benchmark stock index was up 0.8%, and the ringgit held on to a tight range ahead of the central bank meeting later in the day. Indonesian shares were the top gainers among regional equity markets, boosted by strength in financial stocks. Philippine shares also trailed, with the index down more than 1% and headed for a fourth straight day of losses.
Persons: Shriya Ramakrishnan, Janet Yellen's, Sophia Ng, MUFG, Ng, Frances Samorano, Shriya, Ana Nicolaci da Organizations: Treasury, Singapore, South Korean, greenback, Kuala, Reuters, Bank Negara Malaysia, VN, RCBC Securities, Capitol Nusantara Indonesia Tbk, FTSE, Public Bank Bhd, Corporation Locations: Asia, Bank, Philippines, Southeast Asia, Jakarta, Indonesia, FTSE Bursa Malaysia Kl, Japan, China, India, Malaysia, Philippi, Taiwan, Thailand, Bengaluru, Ana Nicolaci da Costa
Regional currencies strengthened as the dollar backed away from a one-month high, with the South Korean won, Singapore dollar and Thai baht trading around 0.2% higher against the greenback. In Malaysia, the ringgit traded at 4.042 per dollar, in line with levels seen in morning trade, after the country's central bank kept its overnight policy rate at a record low of 1.75%. Indonesian stocks were the top gainers in regional equity markets, while the rupiah also ticked up 0.2% ahead of its own central bank meeting on Thursday. Bank Indonesia will likely keep interest rates steady at 3.75%, a Reuters poll showed, with analysts pointing to the central bank facing the need to keep rate differentials attractive for foreign investors after a recent rise in U.S. bond yields. Philippine shares pared some losses by afternoon trade, but ended lower for a fourth consecutive day, while stocks in Thailand dipped.
Persons: Shriya Ramakrishnan, Janet Yellen, Malaysia's, BNM, Duncan Tan, Joe Biden, Shriya, Arun Koyyur Organizations: Treasury, South Korean, Singapore, Bank Negara Malaysia, DBS Bank, . Bank Indonesia, Capitol Nusantara Indonesia Tbk, FTSE, Public Bank Bhd, CIMB, Holdings Locations: Malaysia, Bank, Kuala Lumpur, U.S, Thailand, Jakarta, Indonesia, FTSE Bursa Malaysia Kl, Asia, Japan, China, India, Philippi, Taiwan, Bengaluru
FILE PHOTO: Traders wearing masks work,on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Technology stocks weighed the most on the S&P 500, with IBM and Intel posting 10% and 9% declines, respectively, after underwhelming earnings. Energy stocks also fell on Wall Street, alongside the price of crude. Emerging market stocks lost 0.94%. The dollar index rose 0.14%, with the euro up 0.03% to $1.2166, while sterling was last trading at $1.3683, down 0.36% on the day.
Persons: Brendan McDermid, ”, Rob Haworth, Joe Biden, Brent, Louise Dickson, Bitcoin Organizations: YORK, New York Stock Exchange, REUTERS, Technology, IBM, Intel, Energy, U.S, Bank Wealth Management, Dow Jones, Nasdaq, Nikkei Locations: New York, U.S, Seattle, EU, Asia, Pacific, Japan, China, Shanghai
REUTERS/Staff/File photoEuropean stocks as measured by the STOXX 600 index traded 0.1% lower as of 1134 GMT, after failed merger talks between French retailer Carrefour and Alimentation Couche-Tard. Germany’s DAX traded flat, France’s CAC 40 index fell 0.1% and Italy’s FTSE MIB index gained 0.1%. The dollar index firmed to 90.908, its strongest since Dec. 21,, and away from its recent 2-1/2 year trough at 89.206. The euro had retreated to $1.2070, to its lowest since Dec. 2, while the dollar gained 0.1% against the yen at 103.78 and well above the recent low at 102.57. Brent crude futures were down 0.1% at $55.60 a barrel, while U.S. crude gained 0.1% to $52.43.
Persons: Germany’s DAX, ”, Lauri Hälikkä, SEB, Hallika, coronavirus, Treasuries pare, Joe, Mark Haefele, ” Haefele, Bitcoin, Biden, Janet Yellen Organizations: REUTERS, Staff, Carrefour, Alimentation, CAC, Poor U.S, U.S, Republican, Japan’s Nikkei, UBS Global Wealth Management, Canadian, Reuters, Keystone XL, Treasury, Wall Street Journal, Brent Locations: Frankfurt, Germany, Asia, China, Gongzhuling, Jilin province, United States, Europe, U.S
The Malaysian ringgit and Thai baht strengthened 0.3% and 0.2% each, while the South Korean won and Singapore dollar traded marginally higher. In Indonesia, investors were looking ahead to an interest rate decision by the central bank later in the day. The rupiah ticked up 0.2%, and shares barely moved before the policy meeting. "We, nonetheless, see room for a cut within 1H21 if the (coronavirus) infection curve fails to stabilise, with real rates providing a sufficient cushion." Shares in Thailand were up 0.8%, while Philippine equities once again underperformed, with the benchmark index on course for a fifth day of losses.
Persons: Shriya Ramakrishnan, Sim Moh Siong, Joe Biden, Shriya, Shri Navaratnam Organizations: Bank Indonesia, Bank of Singapore, Malaysian, South Korean, Singapore, Bank, U.S ., Treasury, UST, DBS Bank, SETI, Chememan PCL, MFC, Heritage, GT Capital Holdings Inc, Robinsons Retail Holdings Locations: Taiwan, Seoul, Asia, U.S, Indonesia, Bank Indonesia, Thailand, Philippines, Japan, China, Malaysia, Philippi, Bengaluru
BEIJING, Jan 18 (Reuters) - China's gasoline exports dropped 2.3% in 2020 from a year ago, reaching a two-year low, as fuel demand plummeted globally after governments imposed travel restrictions to contain the spread of the coronavirus pandemic. Exports in December were 1.45 million tonnes, down 16.5% from the same month a year ago, data showed. Diesel exports were also weak in 2020, down 7.6% from a year ago at 19.76 million tonnes, with December shipments at 1.49 million tonnes. Exports of the fuel were 9.98 million tonnes in 2020, down 43.4% from a year ago. Below is the latest customs data on fuel exports in millions of tonnes and imports of liquefied natural gas, or LNG, in millions of tonnes.
Persons: Jan, Muyu Xu, Tom Daly, Larry King Organizations: Administration of Customs, Exports, Diesel, Jet Locations: BEIJING, China, Asia
"Despite currently firmer prices, we continue to advise caution with regard to the Brazilian real," Commerzbank FX and emerging markets analysts Alexandra Bechtel and Melanie Fischinger wrote in a client note. while the withdrawal of its guidance was seen by investors as showing the bank was becoming more data-dependent. Sentiment across global risk markets was lifted as investors bet on more fiscal stimulus from new U.S. President Joe Biden, with a gauge from emerging market stocks hitting a record. An ultra-low interest rate environment, the rollout of coronavirus vaccines and signs of improving economic data have helped boost investor confidence in emerging market risk assets. However, a rise in U.S. Treasury yields has pressured currencies and bonds in emerging markets.
Persons: Shreyashi Sanyal, Alexandra Bechtel, Melanie Fischinger, Arminio Fraga, Commerzbank's Bechtel, Fischinger, Joe Biden, Mark Heinrich Organizations: Treasury, Paulo, Companhia Siderurgica Nacional, CSN, Mexico IPC Locations: Brazil, China, U.S, Brazilian, Mexico, Chile, Argentina, Colombia, Peru, Bengaluru
The currency is set to log a weekly drop of 2%, the most among other Latin American units. Most emerging market currencies were weaker on Friday against a dollar which rose for the first time in four days as bleak economic data weighed on risk sentiment. Mexico's peso shed 0.9%, with data showing consumer prices rose in the year through the first half of January, beating expectations. The Chilean peso fell 0.8%, but was on track to end the week with gains of 1.8%, benefiting from a steady rise in prices of copper, its biggest export. Colombia's peso fell 1% and was on track to record weekly declines of 1.6% as oil prices retreated further from 11 month highs.
Persons: outperforms, Shreyashi Sanyal, Nikhil Sanghani, William Maclean Organizations: Analysts, quicken, Capital Economics, Paulo, IRB Brasil, Mexico IPC, Argentina MerVal, Colombia COLCAP, Argentina Locations: America, Brazilian, Brazil, Mexico, Chile, Argentina, Colombia, Peru, Bengaluru
According to a Reuters poll, Copom will emphasize the need for policy normalization in response to quickly developing inflation pressures. Brazil's real strengthened 0.6% against the dollar as bets grew for the central bank's policy guidance to needle decidedly in a hawkish direction. "The other important factor is fiscal policy...Any comments of this nature in today's statement will attract particular attention, and an imminent start of rate hikes would certainly support the real." The Chilean peso jumped 2.06%, set for its best day since June 2020, as prices of its main export, copper, pushed higher on optimism over U.S. stimulus. Meanwhile, Chile's health regulator on Wednesday approved the emergency roll-out of the CoronaVac COVID-19 vaccine manufactured by China's Sinovac Biotech Ltd. Mexico's peso added 0.2%, while the Colombian peso was 0.7% higher as oil prices rose.
Persons: Shreyashi Sanyal, Copom, Melanie Fischinger, Joe Biden, Bernadette Baum, Mark Heinrich Organizations: Chilean, China's Sinovac Biotech, Mexico's, Colombian, International Monetary Fund, Mexico IPC, Chile Locations: Brazilian, United States, America, Panama, Brazil, Mexico, Chile, Argentina, Colombia, Peru, Bengaluru
FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. The buoyant mood mirrored that in Asia, where MSCI’s Asia-Pacific index outside Japan rose 1% to its highest ever. The jump in risk assets came as the United States officially passed 400,000 deaths from the coronavirus since the pandemic began. The U.S. death toll last week topped 23,000, setting a new record for the third week in a row. Oil prices rose on hopes that Biden’s proposed stimulus will lift economic output.
Persons: Toby Melville, Janet Yellen, Hang Seng, Joe Biden, ”, Shaniel Ramjee, Giuseppe Conte, Conte, Brent Organizations: YORK, Treasury, Biden, London Stock Exchange Group, City of, REUTERS, MSCI’s, U.S, Pictet Asset Management, U.S . Treasury, Wall, Dow Jones, Nasdaq, Capitol Locations: U.S, China, United States, City, City of London, Britain, Asia, MSCI’s Asia, Japan
Positioning data shows investors overwhelmingly short dollars as they figure budget and current account deficits will weigh on the greenbacks. The euro was steady on the pound and held gains against the yen. The safe-haven yen had been sold broadly as risk sentiment improving mood on Tuesday, but caution in Tokyo, where equities slipped, supported it against the dollar. Elsewhere in Asia, Malaysia's central bank was due to the announce the outcome of its policy review at 3 p.m (0700 GMT). Nine of 15 economists polled by Reuters expect it will cut benchmark interest rates to historic lows.
Persons: Tom Westbrook SINGAPORE, Joe Biden's, Janet Yellen, Terence Wu, Nomura, Sterling, China's, Tom Westbrook, Lincoln, Simon Cameron, Moore Organizations: U.S ., Treasury, New, OCBC Bank, South Korean, Bank of, People's Bank of, Reuters, RIC Locations: Asia, Italy, Germany, Washington, Tokyo, People's Bank of China, Hong Kong, Canada, Singapore
The buoyant mood mirrored that in Asia, where MSCI’s Asia-Pacific index outside Japan rose 1% to its highest ever. The U.S. death toll last week topped 23,000, setting a new record for the third week in a row. The dollar index rose 0.04%, with the euro down 0.17% to $1.2107. Positioning data showed investors are overwhelmingly short on the dollar, betting budget and current account deficits will weigh on the greenback. Oil prices rose on hopes that Biden’s proposed stimulus will lift economic output.
Persons: Biden, Kim Kyung, Joe Biden, Janet Yellen, Hang Seng, “, ”, Shaniel Ramjee, Giuseppe Conte, Conte, Brent Organizations: YORK, Nikkei, REUTERS, Hoon U.S, Treasury, MSCI’s, Pictet Asset Management, U.S . Treasury, Dow Jones, Nasdaq Locations: Tokyo, Japan, U.S, Asia, MSCI’s Asia, United States, China
Among Americans, naming a baby "Kamala" has always been a rarity. But history suggests that will change now that Kamala Harris is poised to become vice president. Only once has "Melania" made the top 1,000 baby name list: in 2017, the year Melania Trump became first lady. "Kunta" — as in Kunta Kinte, the protagonist in the mid-1970s novel and television miniseries "Roots" — was a top 1,000 baby name for boys just once, in 1977. "Kamala" has never cracked the top 1,000 for baby girl names in the United States during any year on record, according to Social Security Administration data.
Persons: Kamala, Kamala Harris, Hillary Clinton, Melania Trump, Jacqueline Kennedy, Malia Obama, Woodrow, Franklin, Dwight, Lyndon, Leia, Scarlett, Hillary, Sen, Malia, Sasha, —, Sasha Obama —, Donald Trump, Donald, Barack, Barack Obama, Michelle Obama, Michelle, hadn't, Calvin, Herbert, Jacqueline, Jacqueline Kennedy —, John F, Kennedy, Joseph, Joe Biden's, Jose, You'd, Kobe Bryant, Shaquille O'Neal, Shaquille, Scarlett Johansson Organizations: Social Security Administration, Social Security, Shaquille, California Democrat, American, South Locations: Kobe, United States, Kinte, California
** The CSI300 index rose 1.8% to 5,573.39 at the end of the morning session, while the Shanghai Composite Index gained 1.3% to 3,629.61. ** Leading the gains, both CSI300 materials index and the CSI300 transport index jumped 3.1% each. ** In Hong Kong, the Hang Seng index gained 0.2% to 30,012.19, while The Hong Kong China Enterprises Index was unchanged at 11,947.49. ** Around the region, MSCI’s Asia ex-Japan stock index was firmer by 1.43% while Japan’s Nikkei index was up 0.90%. ** As of 04:10 GMT, China’s A-shares were trading at a premium of 32.99% over the Hong Kong-listed H-shares.
Persons: Joe Biden, Luoyan Liu, Andrew Galbraith, Rashmi Aich Organizations: HK, Shanghai, SHANGHAI, U.S, Congress, Yuekai Securities, Hong Kong China Enterprises, Nikkei Locations: Shanghai, China, U.S, Hong Kong, Hong, Asia, Japan
Yellen said she believed some of the signature 2017 tax reform act should be repealed, such as the cut in corporate tax rates, though rates would not go back to their pre-2017 levels. Benchmark 10-year yields US10YT-RR traded just off their session low of 1.090%, falling from earlier slight gains. When spending plans by the incoming Biden administration are added, higher rates are likely this year, he said. Benchmark 10-year yields US10YT-RR traded flat at 1.0937%, falling from earlier gains. Yellen told the Senate committee that extended unemployment and food aid will provide the "biggest bank for the buck" in stimulus spending.
Persons: Herbert Lash NEW, Janet Yellen, Yellen, Joe Biden, Stan Shipley, Shipley, Biden, Martin Luther King Jr, Herbert Lash, Jonathan Oatis, Marguerita Choy Organizations: Herbert Lash NEW YORK, Treasury, Federal Reserve, Senate Finance, ISI Locations: New York, U.S
Insider found Postmates pays senior engineers a base salary that is well above similar jobs at Google and Amazon. The base pay for a "software engineer" ranged from $130,000 to $180,000 a year. By comparison, a robotics software engineer at DoorDash, is paid $160,000 a year, according to the same visa application data analyzed by Insider. The delivery company also listed a position titled, "software engineer (machine learning engineer)." Backend software engineers: Postmates sought four visas for this position, whose base salary ranged from $120,000 to $185,000.
Persons: Uber, Postmates, Taco Bell, Read, Bastian Lehmann Organizations: of Foreign, Google, CVS, Walgreens, Grubhub, Postmates, Companies, Amazon Software, of Foreign Labor, Amazon, Big Tech, US, Getty, Tech Crunch, Machine Locations: Burger, San Francisco, California, Washington state, Florida, Colorado, Base, Los Angeles, DoorDash
REUTERS/Issei KatoEuropean stocks as measured by the STOXX 600 index opened 0.3% weaker, after failed merger talks between French retailer Carrefour and Alimentation Couche-Tard. [.EU]Germany’s DAX fell 0.2%, France’s CAC 40 index fell 0.3% and Italy’s FTSE MIB index slipped 0.3%. Britain’s FTSE 100 index fell 0.1%. “The recovery in domestic demand still lacks a solid backing,” said Lauri Hälikkä, fixed income and FX strategist at SEB. The dollar index duly firmed to 90.908, its strongest since Dec. 21,, and away from its recent 2-1/2 year trough at 89.206.
Persons: Issei Kato, Germany’s DAX, ”, Lauri Hälikkä, SEB, ” Hallika, coronavirus, Treasuries pare, Joe, Mark Haefele, ” Haefele, Bitcoin, Biden, Janet Yellen Organizations: Nikkei, REUTERS, Carrefour, Alimentation, CAC, Poor U.S, U.S, Republican, Japan’s Nikkei, UBS Global Wealth Management, Canadian, Reuters, Keystone XL, Treasury, Wall Street Journal, Brent Locations: Tokyo, Japan, EU, Asia, China, United States, Europe, U.S
Mr. Biden was born in 1942, the eldest son of Joseph Robinette Biden Sr. and Catherine Eugenia Finnegan Biden. Bettman, via Getty ImagesAs a senator, Mr. Biden commuted to Washington by train, a routine that allowed him to return home to his children each night. As vice president, Mr. Biden oversaw the implementation of the 2009 stimulus bill and later headed the administration’s cancer moonshot program. Mr. Biden fell flat in the first nominating contests, finishing in fourth place in Iowa and fifth place in New Hampshire. Despite his early difficulties in two overwhelmingly white states, Mr. Biden counted on receiving strong support from Black voters in later contests.
Persons: Joseph R, Biden, Richard M, Nixon, Barack Obama, Joseph Robinette Biden, Catherine Eugenia Finnegan Biden, Mr, James, Valerie, J, Caleb Boggs, Neilia, Biden’s, Beau, Brian Horton, Naomi, Jimmy Carter, George Tames, Jill Jacobs, Ashley, Jan, Jill, Lana Harris, Strom Thurmond, Edward M, Kennedy, Keith Meyers, “, Al Gore, Jesse Jackson, Michael S, Dukakis, Charles Tasnadi, Jose R, Lopez, Ron Edmonds, Robert H, Bork, Clarence Thomas, Thomas, Anita Hill’s, Anita Hill, Shutterstock Mr, John Duricka, Janet Reno, Bill Clinton, Paul Hosefros, George W, Bush, Mark Wilson, Brendan Smialowski, Obama, Hillary Clinton, Keith Bedford, Doug Mills, Joshua Lott, David Lienemann, Obama’s, Hunter, Carolyn Kaster, Beau Biden, Pablo Martinez Monsivais, Beau Biden’s, Carlos Barria, Hilary Swift, Trump, Erin Schaff, Bernie Sanders of, Jordan Gale, Kamala Harris, Cory Booker, Chang W, Lee, Kamala Harris of, Harris, Anna Moneymaker, Amr Alfiky, Jon Ossoff, Raphael Warnock Organizations: Irish, Syracuse University College of Law, County Council, Getty, Associated, Station, Committee, Foreign Relations, New York Times, Mr, Democratic, The New York Times, New York, Iraq, Senate Foreign Relations, Foreign, Agence France, The New York, White, Reuters, Pfizer, BioNTech, Georgia Senate, Democrats, Senate, Joint Base Andrews Locations: United States, Pennsylvania, Scranton, Pa, Delaware, County, Washington, Wilmington, Del, Iraq, Iowa, New York, Des Moines, Ohio, Vermont, Philadelphia, New Hampshire, South Carolina, Bernie Sanders of Vermont, Kamala Harris of California, Flint, Mich, Georgia, Maryland
A slight rise in Treasury prices pushed yields down, with the benchmark 10-year note trading at 1.090%. Yields on the 20-year bond traded at 1.646, barely higher than 1.64% at the close on Tuesday. A surge in the bond market's best gauge of the pace of future inflation could be underestimating how long the economic shock from the pandemic will last as investors piled into 10-year Treasury Inflation Protected Securities, or TIPS. TIPS yields traded lower at -1.043%. Yields jumped last week ahead of Biden stimulus plans, but have since traded in a narrow range, backing off from a sudden rise at the start of 2021.
Persons: Herbert Lash NEW, Joe Biden, Biden, Lou Brien, Brien, Tom Simons, Herbert Lash, Mark Heinrich, Nick Zieminski Organizations: Herbert Lash NEW YORK, White, Keystone XL, Nasdaq, Democrat, Securities, Jefferies LLC Locations: U.S, Paris, Chicago, New York
NEW YORK (Reuters) - A gauge of stocks across the world slipped from record highs on Friday and oil prices fell to end the week little changed as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets. FILE PHOTO: Traders wearing masks work,on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Financial and technology stocks weighed the most on the S&P 500, with IBM and Intel posting 10% and 9% declines respectively after underwhelming earnings. Energy stocks also fell on Wall Street, alongside the price of crude. Emerging market stocks lost 1.02%.
Persons: Brendan McDermid, ”, Rob Haworth, Brent, Louise Dickson Organizations: YORK, New York Stock Exchange, REUTERS, Financial, IBM, Intel, Energy, U.S, Bank Wealth Management, Dow Jones, Nasdaq, Nikkei Locations: New York, U.S, Seattle, EU, Asia, Pacific, Japan, China, Shanghai
Jan 21 (Reuters) - U.S. Treasury yields were mostly higher and the yield curve steepened on Thursday after data showed new claims for jobless benefits declined modestly last week. The benchmark 10-year yield was last up 2.4 basis points at 1.1143%. A closely watched part of the yield curve measuring the gap between yields on two- and 10-year Treasury notes was last 3.58 basis points higher at 98.19 basis points. On the supply front, an auction of $15 billion of 10-year Treasury Inflation-Protected Securities (TIPS) was set for later on Thursday. The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was last down less than a basis point at 0.129%.
Persons: Guy LeBas, Herbert Lash, Karen Pierog, Chizu Nomiyama Organizations: Treasury, Labor Department, Reuters, Janney Capital Management, Securities Locations: Philadelphia, U.S, New York, Chicago
JERUSALEM (Reuters) - Israel’s economy is likely to grow by 4.6% this year, the Finance Ministry said on Sunday in a forecast reliant on continuation of rapid COVID-19 inoculations and a drop in the infection rate. Israel has been a world leader in vaccinating its population against the coronavirus. The Bank of Israel has estimated a contraction of 3.7% for 2020 and growth of 6.3% in 2021 if the rapid vaccination pace is maintained. According to the ministry, Israel’s economy fared relatively well in 2020 and outperformed an OECD average of a 5.5% contraction. Growth in the July-September period was driven by sharp gains in exports (59.7%), private spending (42.3%) and investment in fixed assets (17.2%).
Organizations: Finance, REUTERS, Bank of Israel, Central Bureau, Statistics Locations: JERUSALEM, Jerusalem's Old, Israel, vaccinating, lockdowns
REUTERS/Brendan McDermidShares of Goldman Sachs Group Inc added 1.6% as its fourth-quarter profit more than doubled, dwarfing estimates after another blowout performance at its trading and underwriting business. Bank of America also topped fourth-quarter profit estimates and joined JPMorgan, Citigroup Inc and Wells Fargo & Co in releasing some cash reserves to cover for coronavirus-driven loan losses, underscoring its confidence in the economy. The S&P 500 banks index rose 0.6%. Eight of 11 S&P sectors advanced in early trading with technology providing the biggest boost to the benchmark S&P 500. The S&P 500 posted 16 new 52-week highs and no new low, while the Nasdaq recorded 184 new highs and three new lows.
Persons: Janet Yellen, Frank Masiello, Brendan McDermid, ”, Sam Stovall, Joe Biden, “ Yellen, ” Stovall, Jefferies Organizations: Reuters, Halliburton, Treasury, New York Stock Exchange, REUTERS, Goldman Sachs, Bank of America, JPMorgan, Citigroup Inc, Wells Fargo & Co, CFRA Research, Senate Finance, Dow Jones, Nasdaq, Tesla, Boeing Co, Halliburton Co, NYSE Locations: U.S, St, New York, Refinitiv, Canada, Europe
Regional equities gained further by early afternoon with MSCI's broadest index of Asia-Pacific shares outside Japan up more than 1%. Bourses in India, Taiwan and Thailand gained between 1% and 2%. South Korea's KOSPI jumped 2.6% recovering from its worst fall in near three months on Monday. The benchmark index has surged more than 7% so far this month following a 30% jump in 2020. Adding to the positive mood, South Korea's vice finance minister also said the government will soon unveil additional measures to revitalise consumption.
Persons: Shriya Ramakrishnan, Korea's KOSPI, Janet Yellen's, Stephen Innes, Tbk, Shriya, Shailesh Kuber Organizations: Korean, Hyundai Motor, Samsung Electronics, Treasury, Biden, U.S ., Wall Street Journal, South Korean, Singapore, South, Steel Pipe Industry, Indonesia Tbk, SETI, King Wai Group Thailand PCL, Thai Film Industries PCL Locations: Asia, Pacific, Japan, Bourses, India, Taiwan, Thailand, U.S, United States, Malaysian, South Korea, Jakarta, Indonesia, China, Malaysia, Philippi, Bengaluru
As of publication, here is the list of the most anticipated movies on the 2021 calendar and how to watch them. The film arrives in cinemas on May 7. SonyJune 18: "Luca" Pixar's next film arrives on June 18 and explores a beautiful season town on the Italian Riviera. The film also stars Tom Bateman, Annette Bening, Russel Brand, Gal Gadot and Armie Hammer. The film arrives in cinemas on Nov. 24.
Persons: Jamillah Ali, Nadia Ali, Ethan Miller, HBO Max, Raya, Morbius, Tom, Jerry, Chloe Grace Moretz, DuBros, Rob Delaney, Michael Pena, Ken Jeong, Colin Jost, Kelly Marie Tran, reshoots, Todd Hewitt, Tom Holland, Viola, Daisy Ridley, Todd, Mads Mikkelsen, Cynthia Erivo, Nick Jonas, David Oyelowo, masterminds, Ralph Fiennes, Harris Dickinson, Gemma Arterton, Rhys Ifans, Matthew Goode, Tom Hollander, Daniel Bruhl, Djimon Hounsou, Charles Dance, Aaron Taylor, Johnson, Ernst Stavro Blofeld, Christoph Waltz, James Bond, Daniel Craig, Bond, Rami Malek, Lea Seydoux, Lashana Lynch, Ben Whishaw, Naomie Harris, Jeffrey Wright, Ana de Armas, Peter Rabbit, Bea, Rose Byrne, Thomas, Domhnall Gleeson, James Corden, Peter, Monk Liu Kang, Ludi Lin, Joe Taslim, Tadanobu Asano, Jessica McNamee, Mehcad Brooks, Josh Lawson, Lewis Tan, Chin Han, Hiroyuki Sanada, Emily Blunt, Millicent Simmonds, Noah Jupe, Abbott, Lee, John Krasinski, Natasha Romanoff, Natasha, Florence Pugh, David Harbour, Rachel Weisz, he's, Captain America, Scarlett Johansson, Guy, Ryan Reynolds, Milly, Jodie Comer, Joe Keery, Antoine, Taika, Dominic Toretto, Vin Diesel, Jakob, John Cena, Charlize Theron, Michelle Rodriguez, Tyrese Gibson, Chris, Ludacris, Jordana Brewster, Nathalie Emmanuel, Sung Kang, Vil, Estella de Vil, Emma Stone, Emma Thompson, Bill Murray, Dan Aykroyd, Sigourney Weaver, Mckenna Grace, Finn Wolfhard, Paul Rudd, Luca, Pixar's, Alberto, Lin, Manuel Miranda's Tony, Anthony Ramos, Eddie Brock, Tom Hardy, Cletus Kasady, Woody Harrelson, Michelle Williams, Anne, Shriek, Tom Cruise, Val Kilmer, Pete, Maverick, Mitchell, Kazansky, Cruise's, Simu Liu, Katy, Nathan Drake, Sir Francis Drake, Nathan, Victor, Sully, Sullivan, Mark Wahlberg, El, LeBron James, LeBron, Bronny, Don Cheadle, Looney, Dwayne Johnson, Frank, Blunt, Jack Whitehall, Margot Robbie, Idris Elba, Joel Kinnaman, Peter Capaldi, Viola Davis, Jai Courtney, Alice Braga, Pete Davidson, Nathan Fillion, Michael Rooker, Theodore Templeton, Kenneth Branagh, Hercule Poirot, Poirot, Tom Bateman, Annette Bening, Russel Brand, Gal Gadot, Armie Hammer, Frank Herbert, Denis Villeneuve, Duke Leto Atreides, Oscar Isaac, Paul, Timothee, Jessica, Rebecca Ferguson, Josh Brolin, Stellan Skarsgard, Dave Bautista, Zendaya, Jason Momoa, Javier Bardem, Michael Morbius, Jared Leto, Matt Smith, Adria Arjona, Jared Harris, Michael Keaton, Adrian Toomes, Jamie Lee Curtis, Laurie Strode, Michael Myers, Angelina Jolie, Richard Madden, Kumail Nanjiani, Lauren Ridloff, Brian Tyree Henry, Salma Hayek, Lia McHugh, Don Lee, Kit Harington, Gemma Chan, Barry Keoghan, Steven Spielberg, Stephen Sondheim's, Romeo, Juliet, Tony, Maria, Ansel Elgort, Rachel Zegler, Tom Holland's, Jamie Foxx, Andrew Garfield, Alfred Molina, Tobey McGuire's, Benedict Cumberbatch's Dr, Strange, Peter Parker Organizations: AMC, Getty, Warner Bros, HBO, Comcast, Universal, Disney, Eggsy, HBO Max, CIA, MGM, America, Marvel, Sony, Rings, Pirates, Task Force, Universal Studios Locations: Nevada, Las Vegas , Nevada, New York City, Kumandra, Marvel's, London, Oklahoma, bodega, Dominican Republic, Washington Heights, El Dorado, Caribbean, Nazi, Belgian, Haddonfield, Colombian
(Recasts, updates yields, adds analysts' comments) Jan 22 (Reuters) - U.S. Treasury yields drifted lower on Friday as the market benefited from a risk-off sentiment sparked in part by coronavirus concerns and a bumpy road ahead for President Joe Biden's massive economic rescue package. The benchmark 10-year yield was last down 2 basis points at 1.0872%. The inflation breakeven rate for 10-year Treasury Inflation-Protected Securities (TIPS) dropped after climbing to 2.182%, its highest level since May 2018, following Thursday's strong auction of $15 billion in the securities. The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was unchanged at 0.125%. A closely watched part of the yield curve measuring the gap between yields on two- and 10-year Treasury notes was last down 2 basis points at 96.25 basis points.
Persons: Joe Biden's, Kim Rupert, Janet Yellen's, Paula Solanes, ” Solanes, Rupert, Biden, IHS Markit, Herbert Lash, Karen Pierog, Mark Heinrich Organizations: Treasury, U.S, Congress, Democrat, White House, Democratic, Securities, SVB Asset Management, U.S . Federal, IHS Locations: San Francisco, New York, Chicago
The real gained 0.6% to 5.26 against the dollar, with investors eying the start of a vaccination campaign beginning at 5 p.m. (2000 GMT) on Monday, a plan that was initially due to start on Wednesday. Brazil will roll out the only vaccine available from the government - the CoronaVac shot made by China's Sinovac Biotech and imported by the Butantan biomedical center in Sao Paulo. The peso was lower earlier in the session as oil prices weakened on rising coronavirus cases and a slowing pace of vaccinations across the world. The country's central bank last week announced a plan to purchase $12 billion over the next 15 months to replenish and expand its foreign currency reserves. Trading activity remained quiet on Monday, with U.S. stock markets shut for the federal Martin Luther King Jr. holiday.
Persons: Shreyashi Sanyal, Mauricio Une, Joe Biden, Martin Luther King Jr, Steve Orlofsky, Jonathan Oatis Organizations: China's Sinovac Biotech, Rabobank . Data, U.S, Brazil Bovespa, Mexico IPC, Chile Locations: America, Brazil, Sao Paulo, U.S, China, Mexico, Chile, Argentina, Colombia, Peru, Bengaluru
Traders awaited U.S. Treasury Secretary nominee Janet Yellen's Senate testimony later in the day for clues on the policies of the incoming Joe Biden government and its implications for the U.S. dollar. Yellen is expected to affirm the United States' commitment to market-set currency rates when she testifies on Capitol Hill, the Wall Street Journal reported. Asian currencies have struggled to gain ground this month as Biden's plans for a $1.9 trillion stimulus package has fuelled a rise in U.S. treasury yields and in turn lifted the dollar. South Korea's benchmark KOSPI jumped about 3% after suffering its worst fall in nearly three months in the previous session, fuelled by gains in shares of automaker Hyundai Motor and its affiliates. Adding to the positive mood, South Korea's vice finance minister also said additional measures will soon be unveiled to revitalise consumption.
Persons: Shriya Ramakrishnan, Janet Yellen's, Joe Biden, South Korea's, Muhyiddin Yassin, Robert Carnell, Keppel, Shriya, Ana Nicolaci da Organizations: Asia FX, Traders, Treasury, U.S ., Wall Street Journal, Mizuho Bank, South, Singapore, Malaysian, Hyundai Motor, Regional, Research, ING, SETI, King Wai Group Thailand PCL, Thai Film Industries PCL, Singapore STI, Hongkong Land Holdings Ltd, Keppel DC Locations: Malaysian, South Korea, United States, U.S, Kuala Lumpur, Taiwan, Asia, Pacific, Japan, China, India, Malaysia, Philippi, Thailand, Bengaluru, Edting, Ana Nicolaci da Costa
KARACHI, Pakistan, Jan 21 (Reuters) - Pakistan's foreign exchange reserves decrease by $386 million at $13,013.8 million in the week ending Jan 15, compared to $13,400.0 million in the previous week, central bank said on Thursday. RESERVES Week ending Previous Week Change/pct ($ billions) Jan 15 Held by the State $13,013.8 mln $13,400.0 mln -2.8 Bank of Pakistan Held by $7,106.5 mln $7,119.0 mln -0.1 commercial banks Total $20,120.3 mln $20,519.0 mln -1.9 During week ending January 15, State Bank reserves decrease by $386 million due to external debt repayments, central bank statement said on Thursday. (Reporting by Syed Raza Hassan)
Persons: Jan, Syed Raza Hassan Organizations: Bank of, State Bank Locations: KARACHI, Pakistan, Bank of Pakistan
** The CSI300 index rose 0.8% to 5,504.17 by the end of the morning session, while the Shanghai Composite Index gained 0.7% to 3,591.33. ** The Hang Seng index edged up 0.5% to 28,712.79 points, while the Hong Kong China Enterprises Index gained 0.7%, to 11,396.01. ** Leading the gains, the CSI300 banks index and CSI300 transport index rose 2.2% and 1.7%, respectively. ** Around the region, MSCI’s Asia ex-Japan stock index was weaker by 0.67% while Japan’s Nikkei index was down 1.00%. ** As of 04:17 GMT, China’s A-shares were trading at a premium of 36.54% over the Hong Kong-listed H-shares.
Persons: coronavirus, Trump, Luoyan Liu, Andrew Galbraith, Rashmi Aich Organizations: HK, Shanghai, SHANGHAI, Hong Kong, Hong Kong China Enterprises, Huawei, Intel, CSI, Nikkei Locations: Shanghai, China, Hong, Asia, Japan, Hong Kong
FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., October 2, 2020. Asian stocks reached new highs overnight, Wall Street rose further and MSCI’s global index of stock performance across 50 countries gained 0.3%. The three major indexes on Wall Street trended higher in early trade, though declining shares outnumbered gainers by a 1.5-to-1 ratio. The pan-European STOXX 600 index rose 0.16% and MSCI’s gauge of stocks across the globe gained 0.1%. The dollar index fell 0.265%, with the euro up 0.38% to $1.215, amid expectations of a Biden stimulus push and after the Bank of Japan left its policies unchanged overnight.
Persons: Joe Biden, Carlo Allegri, DAX, Tim Ghriskey, “, ” Ghriskey, Guy LeBas, ” LeBas, Brent Organizations: YORK, New York Stock Exchange, REUTERS, Central, gainers, Inverness, Dow Jones, Nasdaq, Janney Capital Management, ECB, Bank of Japan, U.S Locations: Manhattan, New York City , New York, U.S, Europe, New York, Philadelphia
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) The rest of the FAANG group, due to report results in the coming weeks, jumped with Google parent Alphabet Inc rising 5.36%. Advancing issues outnumbered declining ones on the NYSE by a 2.02-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored advancers. The S&P 500 posted 54 new 52-week highs and no new lows; the Nasdaq Composite recorded 336 new highs and four new lows. (Reporting by Echo Wang; Additional reporting by Devik Jain and Medha Singh in Bengaluru; editing by Maju Samuel and Lisa Shumaker)
Persons: Joe Biden, ”, Ross Mayfield, Baird, ” Mayfield, Biden’s, Trump, “ I’m, Dow, Donald Trump, Obama, Morgan Stanley, Echo Wang, Devik Jain, Medha Singh, Maju Samuel, Lisa Shumaker Organizations: Dow, Nasdaq, Netflix, Google, Inc, NYSE, “, Biden, Dow Jones, Procter, Gamble Co, UnitedHealth Locations: U.S,