Nikkei 225, Hang Seng Index, CSI 300

Nikkei 225, Hang Seng Index, CSI 300

SHANGHAI, CHINA – The German Christmas Market is lit up at the Bund Central Square near Nanjing Road Pedestrian street in Shanghai, December 15, 2022. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images Asia-Pacific markets traded mixed Wednesday amid thinner trading as several indexes are set…

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Fed chair candidate Hassett says U.S behind the curve on lowering rates

Fed chair candidate Hassett says U.S behind the curve on lowering rates

National Economic Council Director Kevin Hassett said Tuesday that the Federal Reserve is not cutting interest rates quickly enough, even though the U.S. economy grew at a much faster-than-expected pace in the third quarter. Hassett, a leading contender to succeed Federal Reserve Chairman Jerome Powell when his term ends in May, said the artificial intelligence…

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Singapore consumer inflation remains steady at 1.2% in November, missing estimates

Singapore consumer inflation remains steady at 1.2% in November, missing estimates

An aerial view of Singapore’s Marina Bay Street Circuit on Sept. 17, 2024. Roslan Rahman | Afp | Getty Images Singapore’s inflation in November remained steady at 1.2%, missing estimates, as a higher increase in prices of services was offset by a steeper decline in electricity costs. The reading was lower than Reuters-polled analysts’ median…

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