SK Hynix Earnings, Yen Weakness

SK Hynix Earnings, Yen Weakness

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US and Iran Agree to Deal Halting War and Reopen Strait of Hormuz

Business and finance news from the Asia-Pacific. Stocks rallied, oil slumped and the dollar fell after the US and Iran said they had reached a deal to reopen the Strait of Hormuz. The Strait of Hormuz will be "opening" on Friday upon the signing of the deal with Iran, President T ...  Show more

Daybreak Weekend: Fed Meeting, UK Election, BOJ Decision

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the next FOMC decision, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to a high stakes UK election ...  Show more

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Wall Street Traders Set for $27.8 Billion Haul
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Bloomberg News Finance Reporter Shubham Saharan explains that the biggest U.S. banks are poised to report a double-digit increase in trading, the result of big market swings. Bloomberg Businessweek Editor Joel Weber and Businessweek Technology Editor Joshua Brustein share the det ...  Show more

IMF hikes U.S. FY outlook
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The IMF hikes its U.S. forecast for 2024 but Germany weighs on the European outlook. The IMF’s Director of the Monetary and Capital Markets department, Tobias Adrian tells CNBC there are reasons for optimism. The S&P 500 suffers its first back-to-back session loss since Se ...

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Political turmoil in Japan pushes yen to three-month low
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Japanese PM Ishiba’s gamble to call a snap election backfired yesterday, as Japan’s ruling party lost its majority in a general election amid political scandals and soaring inflation. The Japanese yen is plunging and stocks are surging on the news. As investors turn their atte ...

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Donald Trump speaks at the World Economic Forum
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Two of this week’s biggest stories collided when US President Donald Trump addressed the World Economic Forum, where he made some big demands. US stock markets rose in late trading yesterday and are on track to end the week higher. European stock markets are also building on t ...

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