Market News

Skeptical US Democrats in Congress urge debate on Israel plans Reuters

Whether they focus on a place or a “magic number,” most people are doing retirement planning all wrong.

Oil steadied at the end of a bumpy week, as talks between the US and Iran continued despite a flare-up in fighting that drove a steep drop in traffic through the Strait of Hormuz.

Officers have been looking at possible offences relating to alleged ‘evasion of restrictions on donations’

Nasdaq ends sharply higher; chip surge offsets Iran worries Reuters

Trading Day: What war? Chip-led rally helps markets ignore on-again, off-again US-Iran truce Reuters

The yuan advanced after China’s central bank signaled its comfort with the currency’s strength by setting the daily reference rate below 6.80 per dollar for the first time since 2023.

Japan’s long-term bond yields fell and the yen strengthened after Finance Minister Satsuki Katayama said the government wants to encourage pension funds, including the Government Pension Investment Fund, to increase investment in domestic financial assets.

Copper was on track for its second straight weekly gain as investors looked past potential demand headwinds presented by the mid-week resurgence in fighting in the Middle East.

Some strategists see a boost to assets, while others were sceptical of a sustained rally, following Finance Minister Satsuki Katayama’s comments Friday encouraging pension funds, including the massive Government Pension Investment Fund, to increase investment in domestic financial assets. Here’s wha