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China’s 10-year yield hits record low, testing PBOC patience
CHINA’S benchmark government bond yield fell to a record low, testing policymakers’ resolve to stem the move. The yield on the 10-year sovereign note fell to 2.17 per cent on…
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Bank of England allots record £30 billion in weekly repo
THE Bank of England allotted a record £30.359 billion (US$39 billion) on Thursday (Jul 25) in its weekly short-term repo, which is designed to smooth out volatility in sterling lending…
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July 22 Second Day In Row To Break Global Heat Record: EU Monitor
Earth withered through a second-straight day of record-breaking temperatures on July 22, the EU’s climate monitor said Wednesday, as parts of the world suffer devastating heatwaves and wildfires. Preliminary data…
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Bitcoin hits 1-month high, revives talk of another record run
BITCOIN surpassed US$67,000 for the first time in more than a month, reviving speculation that the largest cryptocurrency may soon make another run at record highs, amid optimism that a…
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Gold eases from record highs on firmer US dollar, profit-taking
GOLD prices dipped more than 1 per cent on Friday (Jul 19), as the US dollar firmed and some investors locked in profits following the metal’s recent surge on increasing…
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Amazon Prime Day 2024 Sets New Record With $14.2 Billion In Sales
The U.S. may have witnessed cumulative record-breaking online sales during the two-day Amazon Prime Day sale, as total purchases reached $14.2 billion, showing an increase of 11% from last year.…
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Dinosaur Skeleton Breaks Auction Record With $44.6 Mn Sale In New York
The largest stegosaurus skeleton ever found, nicknamed Apex, sold for a record breaking $44.6 million at auction in New York on Wednesday, Sotheby’s said. Estimated to be 150 million years…
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US: Tech shares tumble as Dow ends at 3rd straight record high
THE S&P 500 and Nasdaq finished decisively lower on Wednesday (Jul 17) after talk that tech equities are overbought, while the Dow pushed to a third straight record high. Analysts…
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Asia: Traders struggle to match Wall Street record as Trump odds grow
ASIAN markets fluctuated on Tuesday as rising expectations that Donald Trump will return to the White House played up against fresh hopes that the Federal Reserve will cut interest rates…
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Asian Traders Struggle To Match Wall St Record As Trump Odds Grow
Asian markets fluctuated Tuesday as rising expectations that Donald Trump will return to the White House played up against fresh hopes that the Federal Reserve will cut interest rates at…
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US: Dow ends at record as market digests Trump assassination attempt
THE Dow climbed to a record on Monday as markets grappled with the weekend assassination attempt on Donald Trump while digesting solid bank earnings and benign Federal Reserve commentary. The…
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Berkshire Hathaway share price sets record high
BERKSHIRE Hathaway’s share price hit a record high on Monday (Jul 15), reflecting investors’ confidence in Warren Buffett’s company, which is often regarded as a microcosm of the broader American…
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Amazon Prime Day sales to hit record US$14 billion, data firm forecasts
SHOPPERS are likely to spend roughly US$14 billion during Amazon’s Prime Day two-day shopping event this week, according to projections from Adobe Analytics, a firm that studies e-commerce transaction data. …
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BlackRock hits US$10.6 trillion asset record, reports ETF boost
BLACKROCK hauled in US$51 billion of client cash to its long-term investment funds in the second quarter, pushing the world’s largest money manager to a record US$10.6 trillion of assets. …
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BlackRock hits US$10.6 trillion asset record, cites ETF boost
BLACKROCK hauled in US$51 billion of client cash to its long-term investment funds in the second quarter, pushing the world’s largest money manager to a record US$10.6 trillion of assets. …