Boosts
-
Hong Kong dollar supply tightens as stocks frenzy boosts demand
THE supply of Hong Kong dollars tightened due to a rally in local shares and seasonal factors, nudging the currency towards the strongest level it’s allowed to trade versus the…
-
Can Music Help Plants Grow? Study Suggests Sound Boosts Fungus
Playing a monotonous sound stimulates the activity of a fungus that promotes plant growth, a study suggested on Wednesday, raising the potential that playing music could be good for crops…
-
Tesla sales perk up after China boosts electric vehicle subsidy
TESLA is expected to post its first quarterly sales increase this year after car buyers in China, the world’s largest electric vehicle (EV) market, seized on a sweetened government incentive.…
-
Euro nudges higher; China stimulus boosts Aussie and kiwi
THE euro strengthened on Monday (Sep 30) after German inflation data, while commodity currencies rose on hopes for a turnaround in China’s economy and the Japanese yen steadied as traders…
-
Iron ore rallies back above US$100 as China’s shift boosts outlook
IRON ore headed for the biggest weekly gain since April – with futures topping US$100 a tonne – after policymakers in China unveiled a blitz of initiatives to support growth…
-
Iron ore rallies back above US$100 as China’s shift boosts outlook
Futures are on course for the highest close since August, rising 3.5 per cent to US$101.95 a tonne in Singapore IRON ore headed for the biggest weekly gain since April,…
-
Asia: Hong Kong, Shanghai extend surge as China optimism boosts markets
HONG Kong and Shanghai ploughed on with their China-fuelled rally on Friday on hopes that Beijing will press on with new plans to boost the world’s number two economy. A…
-
China, Hong Kong stocks extend gains as massive stimulus boosts sentiment
CHINA and Hong Kong stocks extended their gains on Wednesday (Sep 25), although lost some steam in the afternoon trade, as investors continue to digest a wide-ranging stimulus package announced…
-
Opec boosts long-term oil demand outlook, driven by developing world growth
OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and the Middle East and a slower shift…
-
US: Wall St opens higher, China stimulus boosts miners
Wall Street’s main indexes opened slightly higher on Tuesday (Sep 24), as investors scoured for clues on what the Federal Reserve’s next policy move might be, while commodity stocks got…
-
China’s big-bang stimulus boosts renminbi; Aussie up after RBA
CHINA’S renminbi hit a 16-month high on Tuesday (Sep 24), after stimulus measures infused broader markets with enthusiasm and boosted the euro, while the Australian dollar touched a 2024 peak…
-
Boeing Boosts Pay Offer In Effort To End Strike
Boeing proposed lifting hourly wages for striking workers by 30 percent on Monday, sweetening its initial offer in an effort to end a 10-day stoppage that shuttered Seattle-area plants. The…
-
Amazon boosts warehouse worker pay by at least US$1.50 an hour
AMAZON.COM is raising the pay of its hourly warehouse workers by at least US$1.50 an hour and adding Prime memberships to their benefits. The raises will take effect this…
-
Intel rises as Amazon deal boosts struggling foundry unit’s prospects
INTEL shares jumped almost 4 per cent in early trading on Tuesday (Sep 17), as a chipmaking deal with Amazon’s cloud business gave a major stamp of approval to its…
-
Rate-cut fever boosts investor sentiment in September, BofA survey shows
GLOBAL investor sentiment improved in September for the first time since June on optimism over a soft landing and interest rate cuts by the US Federal Reserve, a BofA survey…
