Yen Hits 34-Year Low as Hopes for BOJ Rate Increases Fade
The Japanese yen hit its weakest level against the dollar in 34 years on waning expectations that the Bank of Japan would raise interest rates further, after it dropped its negative interest rate policy last week.
China Industrial Profits Return to Growth
China's industrial profits returned to growth at the start of the year, adding to signs that the world's second-largest economy is on stronger footing.
The Stock Market Rally Has Wall Street Bullish on 2024. The Second Half Could Change That.
The stock market rally this year has defied predictions. The second half of the year can either validate the market's optimism-or ruin it.
IPOs Are Back. What They Say About a Stock Bubble.
The hot debuts of Reddit and Astera have some worried about the frothiness in the market.
Sizing Up the Economic Impact of the Baltimore Bridge Collapse
With vessel traffic suspended at the Port of Baltimore, companies that transport cars and coal are looking for alternatives.
Irish Economy Forecast to Return to Growth, Easing Drag on Eurozone
The eurozone economy may be freed of a headwind that enfeebled growth in 2023, with new forecasts pointing to a return to expansion for Ireland, one of the currency area's smallest but most changeable members.
Australia's February Inflation Comes in Lower Than Expected
Australia's monthly inflation indicator came in below expectations in February, signaling that price pressures would likely continue to retreat over coming months.
Chinese President Xi Meets With U.S. Business Leaders
Xi Jinping on Wednesday met with U.S. businessmen and scholars, as the world's second-largest economy seeks to attract overseas investment and prop up its ailing economy.
More Chinese Companies to Be Added to U.S. Import Ban List
A list of companies banned over forced labor concerns is expected to grow in the next few months, says Laura Murphy, a Homeland Security adviser.
Consumer confidence dips in March on more pessimism about the future of the economy
Consumer confidence fell in March to a four-month low as persistent inflation and the 2024 presidential election made Americans more anxious, a new survey showed.
(END) Dow Jones Newswires
03-27-24 0515ET
