News & Analytic Centre

Gold Prices Trade near Neutral as Bond Yields Recede

Gold prices were little changed Tuesday with investors eager to glean fresh insights in congressional testimony from Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen later in the session. The pair of regulators are set to provide at noon the first of two days of testimony about the health of the U.S. economy […]
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Japanese shares rise as chip sector tracks Nasdaq higher

TOKYO, March 23 Reuters Japanese equities advanced on Tuesday as investors bought chiprelated shares following a tech rebound on Wall Street overnight, while automakers rebounded from sharp losses in the previous session. The Nikkei share average added 0.61 to 29,350.93 by 0144 GMT, while the broader Topix gained 0.39 to 1,997.94. The Japanese market does […]
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NZD near 3Month Low, Aussie Weakens as Oil Underperforms

SYDNEY, March 23 Reuters The New Zealand dollar on Tuesday hovered near its lowest levels this year as investors bet measures to cool its redhot housing market will lessen the likelihood of rate hikes, while continued weakness in commodity markets hit the Aussie dollar. The kiwi dollar weakened 0.8 to 0.7105 against the greenback, a […]
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GameStop Loses Second Senior Exec as Shakeup Deepens

GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company on March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com cofounder Ryan Cohen. This is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to ecommerce. Chief Financial […]
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Biden Team Weighs Next Economic Plan of Up to 3 Trillion

The Biden administration is considering as much as 3 trillion worth of measures to include in the longterm economic program that will follow the 1.9 trillion pandemicrelief bill signed earlier this month, according to three people familiar with the deliberations. The proposal will be presented to President Joe Biden this week, one person said, asking […]
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