Yen Weakens; Dow Futures Fall

Futures tied to the S&P 500, the Dow and the Nasdaq-100 pointed down while overseas markets were mixed. 


 
Canada Inflation Unexpectedly Cools to 2.8% in February

Consumer prices rose 2.8% in February from a year earlier, Statistics Canada reported, where economists expected the rate to advance to 3.1%. 


 
Bank of Japan Raises Rate, Halts Emergency Policies

The Japanese central bank retired its negative interest rate and rolled back unconventional easing steps, citing an improved inflation outlook. 


 
Global Era of Negative Interest Rates Ends

An unorthodox central-bank policy was no panacea for Japan, but some countries found it better than nothing. 


 
For These Companies, It Feels Good to Be in Nvidia's Orbit

As Nvidia's 'AI Woodstock' kicks off, nontech companies attending the event say they benefit from the association with the current cool kid on the block, especially in terms of attracting in-demand AI talent. 


 
Hong Kong Approves New National-Security Law That Worries Foreign Executives

The city's officials say domestic legislation covering state secrets and foreign interference is necessary and won't affect normal businesses. 


 
Business Tax Breaks Face 'Now or Never' Moment in Senate

Republicans aren't budging amid warnings of dire consequences for small companies. 


 
The Fed Is Playing a Waiting Game on Rate Cuts. The Rules Are Starting to Change.

While investors focus on whether officials project fewer rate cuts, the Fed looks ahead to recession risks. 


 
RBA Keeps Rates Steady

The Reserve Bank of Australia said it still can't rule out the possibility that interest rates will need to be raised further, adding that inflation remains too high and is expected to remain elevated for some time yet. 


 
Russia's Backdoor to the Global Banking System Is Slamming Shut

A major lender in Dubai has scaled back Russia-related business, while Turkish lenders have become more cautious.


(END) Dow Jones Newswires

03-19-24 0915ET