An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images When KPMG executive Anton Ruddenklau moved to high-rise Singapore from the leafy streets of a London commuter town, one of the first things he noticed was how easy it was to do business in the Southeast Asian nation. “People are…
Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Tomohiro Ohsumi | Bloomberg | Getty Images Shares of Japanese semiconductor equipment maker Advantest jumped over 7% after the company posted record quarterly sales in the October-December period, with operating profit surging 64% year on year…
A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Michael Nagle | Bloomberg | Getty Images S&P 500 futures slipped Wednesday evening as gold prices climbed….
The Federal Reserve ‘s decision to hold interest rates steady was good news for Americans holding cash. On Wednesday, the central bank left the federal funds rate between 3.5%-3.75%, after cutting rates by a quarter percentage point in December. “No change to the federal funds rate means borrowing costs on short-term and variable-rate loans are…
Crude oil prices rose Wednesday, after President Donald Trump warned Iran that a “massive Armada” is heading in its direction and time is running out to make a deal on its nuclear program. Global benchmark Brent rose 83 cents, or 1.23%, to close at $68.40 per barrel. U.S. crude oil gained 82 cents, or 1.31%,…
Treasury Secretary Scott Bessent on Wednesday shut down reports that the U.S. could step into the currency market with the Japanese yen on intervention watch and the American dollar hitting multiyear lows. “Absolutely not,” Bessent told CNBC’s Sara Eisen, responding to a question about if the U.S. is intervening in the currency market or strengthening…
Microsoft CEO Satya Nadella speaks at the World Economic Forum in Davos, Switzerland, on Jan. 20, 2026. Krisztian Bocsi | Bloomberg | Getty Images Microsoft is set to report fiscal second-quarter results after market close on Wednesday. Here’s what analysts polled by LSEG are expecting: Earnings per share: $3.97 adjusted Revenue: $80.27 billion The consensus…
A strong economy lifting consumers , high M & A activity increasing investment banking fees and a loose regulatory environment were supposed to boost financial stocks in 2026. That isn’t coming to fruition yet. Financials is the worst performing sector in the S & P 500 this year, down more than 3% as of early trading…
The dollar was poised for a third weekly gain on Friday after positive U.S. economic data lowered expectations for rate cuts by the Federal Reserve anytime soon. Skaman306 | Moment | Getty Images The dollar is in a bear market, market watchers said on Wednesday, as one warned the weaker greenback is a “double-edged sword”…
The alpine village of Alvaneu, Graubunden canton, Switzerland Roberto Moiola / Sysaworld | Moment | Getty Images Safe haven assets are off to a good start in 2026, with widespread uncertainty sending gold and silver to new records and the Swiss franc trading at decade highs. But in Switzerland, policymakers are watching with apprehension. The…
