Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

September Fed Rate Hike Was a Mistake, Miran Says

Former Federal Reserve Governor Stephen Miran says raising interest rates in September was a mistake and not necessary. Miran also says he's enthusiastic about cutting back on forward guidance from the Fed even if it raises the risk premium. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

YMTC Halts IPO Amid Chinese Market Slump

Yangtze Memory Technologies Corp (YMTC), China’s largest NAND flash maker that had been enjoying the benefits of a semiconductor supercycle (a period of exceptional boom), has tentatively suspended…

  • Yangtze Memory Technologies (YMTC) halts IPO due to Chinese market slump
  • Changjiang Storage Technology planned 33 billion yuan listing, now on hold
  • CSRC issued window guidance, pausing IPOs until market improves

Won Strength Faces Year-End Dividend Demand

Amid the continued strength of the won driven by robust semiconductor exports, large-scale dividend repatriation at the end of the year is emerging as a variable for the downward trend of the…

  • South Korean won strengthened due to semiconductor exports
  • Large-scale dividends could reach $12.6 billion
  • Dividend repatriation may intensify exchange rate pressure

More from Thursday 5 November →