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Japan's Nikkei slumps as Fed hike bets, soaring oil weigh
TOKYO: Japan’s Nikkei slumped on Friday amid renewed concerns over US rate hikes and a surge in oil prices that fuelled inflation worries. The benchmark Nikkei 225 gauge fell 1.93% to close at 64,011.34, giving it a 0.4% decline on the week. The gauge earlier sank as much as 3.16%. The broader Topix slipped 0.65% to 4,028.30.
Börse Asien: Nikkei fällt um drei Prozent – Ölpreise belasten
Die Kursverluste an der Wall Street sorgen auch in Tokio für deutliche Verkäufe. Der steigende Ölpreis besorgt die Anleger. Außerdem blicken sie auf die Zinspolitik der USA.
Mint explainer: what is the new PACT under Niti Aayog’s e-truck plan?
India is pushing to electrify its truck fleet, but high vehicle costs, limited charging infrastructure and weak demand have slowed adoption.
Traditional portfolio diversification isn’t cutting it anymore. Here’s where to pivot, says this $624 billion fund manager.
For Allspring Global Investments, investors should be looking at how they can adapt their strategies to incorporate more liquid alternatives.
Traditional portfolio diversification isn’t cutting it anymore. Here’s where to pivot, says this $624 billion fund manager.
For Allspring Global Investments, investors should be looking at how they can adapt their strategies to incorporate more liquid alternatives.
ECB's hawkish stance prompts calls for further rate hikes
Traders are pricing in a 93.9% chance of a quarter-point rate hike from the ECB in December