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Asia prepares for mixed start after Taiwan elections

Asia prepares for mixed start after Taiwan elections

Asian stocks are set for a broadly mixed open on the back of reinforced Fed rate cut bets and the elections of Weekend Taiwan. Stock futures in Australia and Hong Kong pointed to an early rise when trading begins, while contracts in Japan fell. The S&P 500 was little changed on Friday, posting a weekly ...

President Joe Biden said US sent private message to Iran about Houthis

President Joe Biden said US sent private message to Iran about Houthis

President Joe Biden said Saturday that the United States had delivered a private message to Iran about the Houthis backed by Tehran and responsible for attacking commercial shipping in the Red Sea. “We have transmitted it privately and we are sure that we are well prepared“Biden told reporters at the White House before leaving for ...

The President of Ecuador will seek to raise taxes to finance his security plan

The President of Ecuador will seek to raise taxes to finance his security plan

The Ecuadorian president, Daniel Noboa, asked lawmakers to consider raising the value-added tax to fund their efforts to combat criminal gangs, as the armed forces intensified their operations in violent areas on Friday. A dramatic increase in violence this week – including the on-air assault of a television station, the hostage-taking of 178 prison staff ...

Mester says March is 'probably' too soon for a rate cut

Mester says March is ‘probably’ too soon for a rate cut

Inflation’s Shaky Path Toward the Federal Reserve’s 2% Targetreflected in the latest figures of the Consumer Price Index (CPI), means it is likely too early to cut the policy rate in Marchsaid the president of the entity in Cleveland on Thursday. “I think March It’s probably too early for a rate cut, because I think ...

In Latin America, the amount of mergers and acquisitions fell 24% last year

In Latin America, the amount of mergers and acquisitions fell 24% last year

Mergers and acquisitions in Latin America and the Caribbean declined last year, according to the most recent report produced by Transactional Track Record. The statistics reflect that these movements added US$74.12 billion in 2023, a drop of 24.37% compared to the same period of the previous year. If you look at the amount of business ...

US investigators recover 737 MAX panel, Boeing shares sink

US investigators recover 737 MAX panel, Boeing shares sink

U.S. aviation safety officials recovered the fuselage panel that exploded during an Alaska Airlines flight on Jan. 5, as authorities begin gathering evidence to learn what led to the sudden decompression of the nearly new Boeing Co. 737 Max 9 plane. . The finding will help investigators examine what went wrong on Flight 1282, which ...

London braces for travel chaos after week of tube strikes

London braces for travel chaos after week of tube strikes

London braces for a week of travel chaos as a strike on the underground rail network keeps staff away from the office, costing an estimated £50 million ($64 million) for the city’s pubs and restaurants. “That figure comes on top of a £4.18m loss in sales in recent months which hospitality businesses have already had ...

US Congressional Leaders Announce US$1.6 Trillion Spending Deal

US Congressional Leaders Announce US$1.6 Trillion Spending Deal

Top leaders in the US Congress agreed on Sunday to a maximum federal spending level of $1.6 trillion in a deal aimed at avoiding a partial government shutdown this month, House Speaker Mike Johnson said. The maximum figure includes US$886 billion for defense and US$704 billion for non-defense spending, Johnson said in a letter to ...

Hundreds of flights in the US are canceled due to storms.  Heavy snowfall in Boston

Hundreds of flights in the US are canceled due to storms. Heavy snowfall in Boston

Hundreds of flights have been grounded across the United States due to a pair of winter storms that left more than a foot of snow in New York’s Hudson Valley and prompted blizzard warnings across the Great Plains. The first storm continues to bring heavy snow Sunday to Boston and New England, the National Weather ...