Nasdaq FB FaceBook

Japan's two-year government bond (JGB) yield hit a 13-year high on Friday amid growing speculation that the Bank of Japan (BOJ) could exit from its negative rate policy.

(RTTNews) - Delek Logistics Partners, LP (DKL) announced the pricing of underwritten public offering of 3.12 million common units representing limited partner interests in Delek Logistics at $38.50 per unit. The offering is expected to settle and close on March 12, 2024

Image source: The Motley Fool.

(RTTNews) - European stocks may see modest gains at open on Friday after Federal Reserve Chair Jerome Powell said the U.S. central bank is getting close to the confidence it needs to start lowering interest rates.

The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome Powell sounded more confident about cutting interest rates in coming months, while the yen gained on mounting speculation of a rate rise in Japan.

China's pure electric vehicle sales slowed in January-February from the same period a year earlier, industry data showed on Friday, as competition intensified with market leader BYD heading a deeper round of price cuts.

Image source: The Motley Fool.

The dollar's 1% fall for the week thus far is set to be its steepest in nearly three months, and tonight's U.S. jobs data is the next test for the greenback.

Revised data for Japan's fourth-quarter gross domestic product will likely show that the economy avoided a technical recession thanks to companies' stronger-than-expected spending on plants and equipment, a Reuters poll showed on Friday.

Without a job, friends or direction in life, a 30-something woman decides to take up boxing, triggering a physical transformation that is the narrative of the biggest box office for any movie in China this year.

The war in the Middle East has pushed the gold price up, but it's not the only factor that's causing the yellow metal to rise. Brien Lundin, editor of Gold Newsletter, said it's also responding to turmoil in the Treasuries space. "All the old relationships are breaking right now, which kind of signals a turning point in the market," he explained. "The one common characteristic is that gold is finding excuses to rise. Even when Treasury yields go up, even when they go down; even when the dollar index goes up, even when it goes down. So the correlations are different, they're breaking."Lundin also discussed his positive outlook on uranium and shared where he sees the most opportunity right now. "The place to be right now is those companies that are on the verge of production or being acquired by those companies that suddenly get stronger because they get appreciation of their market value," he said. Watch the interview above for more from Lundin on gold and uranium. You can also click here for the Investing News Network's full New Orleans Investment Conference playlist on YouTube. Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Japan will reduce the rate at which it sells imported wheat to domestic flour mills from April by an average 0.6% to reflect softer import prices, the farm ministry said on Thursday.

African Rainbow Minerals (ARM) on Friday reported a 43% decline in half-year profit, as lower thermal coal and platinum group metal (PGM) prices hit income.

Chinese companies Huawei Technologies and Semiconductor Manufacturing International Corp used US technology to produce an advanced chip in China in 2023, Bloomberg News reported, citing people with knowledge of the matter.

Cuban authorities on Thursday said they are investigating recently sacked Economy Minister Alejandro Gil over committing "grave errors" in his former role, rattling the highest ranks of Cuba's ruling Communist Party and its hermetic politics.

Economic data, recent comments from Bank of Japan officials and moves in JGB yields do not point to any changes in BOJ policy just yet, despite another bout of intense speculation in markets and the media.

(RTTNews) - Indian markets remain closed today on account of Mahashivratri.

Asian stocks rose to a seven-month peak on Friday, tracking global peers as investors cheered the prospect of an imminent rate easing cycle led by major central banks, keeping the dollar and Treasury yields under pressure.

China's top legislators on Friday vowed to enact a slew of new laws to "modernise China's system and capacity for national security" and safeguard the country's sovereign interests.

(RTTNews) - Recouping some of the losses in the previous three sessions, the Japanese stock market is significantly higher on Friday, following the broadly positive cues from global markets overnight. The benchmark Nikkei 225 is moving above the 39,900 level, with gains across mo