Finance

American Express earnings beat expectations at $0.38, profit higher than expectations

American Express earnings beat expectations at $0.38, profit higher than expectations American Express (NYSE: AXP) reported first-quarter earnings per share of $3.33, beating analysts' expectations...

Slowdown in inflation in Japan

Slowdown in inflation in Japan In Japan, headline inflation decreased to 2.7 percent in March, while core inflation remained stable at 2.6 percent. Japan's headline inflation...

Asian markets tumble as Fitch downgrades US credit rating

Asia-Pacific markets fell after Fitch downgraded the US credit rating. Asia-Pacific markets fell on Wednesday after ratings agency Fitch downgraded the US from AAA to...

Asian stock markets follow economic data from the region

Asian markets mixed as China's factory activity fell in July, according to a Caixin private survey compiled by S&P Global. Asia-Pacific markets were mixed on...

Positive mood continues in global markets

In global markets, the 'soft landing' scenario for the US economy continues to support the risk appetite. MSCI's Asia-Pacific index rose to its seventh trading...

Stock alert from JPMorgan

According to JPMorgan star strategist Marko Kolanovic, the stock valuations reflect the belief that "there will be no downturn in the economy." Equity markets continue...

Asian stocks rise after China data

Asian markets rose as China's factory activity contracted for the fourth consecutive month. Asia-Pacific markets rose on Monday as China's July factory activity remained in...

Fed warning from Pimco

Daniel Ivascyn, co-director of the Pimco Income Fund, which runs the world's largest active bond fund, said it was "dangerous" to think the Fed...

HSBC: Europe’s weakest balance sheet season in 3 years

HSBC strategists pointed out that European companies had the weakest first quarter of 3 years and that the above-expected results in the balance sheets...

Asian stocks fall before Fed

Asian markets are heavily down before the Fed rate decision; Australian inflation fell in the second quarter. Asia-Pacific markets tumbled heavily as investors prepared for...

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