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Safe havens rise as recession concerns trigger easing bets

4 hours ago DieselGasoil Comments Off on Safe havens rise as recession concerns trigger easing bets
NEW YORK (Reuters) – Traditional safe-havens including the Japanese yen and U.S. Treasuries were sought out on Tuesday even as there were signs that more economic stimulus was on its way, as traders focused on concerns over a global deceleration. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in Read More

Asia stocks advance as China’s rates tweak improves investor mood

2 days ago DieselGasoil Comments Off on Asia stocks advance as China’s rates tweak improves investor mood
TOKYO (Reuters) – Asian stocks rode a Wall Street rally on Monday and were also cheered by a decision from China’s central bank to alter the way it sets a key interest rate benchmark, a move seen by analysts as reducing borrowing costs for companies. FILE PHOTO: A woman points to an electronic board showing Read More

Asia stocks gain as China rates tweak lifts investor mood

2 days ago DieselGasoil Comments Off on Asia stocks gain as China rates tweak lifts investor mood
TOKYO (Reuters) – Asian stocks tracked the Wall Street rally on Monday and found an extra tailwind from a move by China’s central bank to change the way a key interest rate benchmark is set, seen by analysts as reducing borrowing costs for companies. FILE PHOTO: A woman points to an electronic board showing stock Read More

Asia stocks rise as stimulus, policy hopes calm nervous investors

2 days ago DieselGasoil Comments Off on Asia stocks rise as stimulus, policy hopes calm nervous investors
TOKYO (Reuters) – Asian stocks rose on Monday as hopes of more stimulus from central banks around the world and steps being taken by major economies such as Germany and China soothed investors’ fears of a sharp global economic slump. FILE PHOTO: A woman points to an electronic board showing stock prices as she poses Read More

Japan may offer its Fukushima robots to US for denuclearization of North Korea – report

4 days ago DieselGasoil Comments Off on Japan may offer its Fukushima robots to US for denuclearization of North Korea – report
Japan has offered the US its best nuclear-cleanup robots – designed for Fukushima – for use in dismantling North Korea’s nuclear facilities, hoping to remain in the loop as Washington and Pyongyang talk denuclearization. The remote-controlled robots are being developed to remove melted fuel debris from the reactors in Fukushima, and must be able to Read More

Dollar firms, global stocks soar on ECB rate cut expectations

4 days ago DieselGasoil Comments Off on Dollar firms, global stocks soar on ECB rate cut expectations
NEW YORK (Reuters) – U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest rates but the dollar pared gains against the euro after a report said the German government was prepared to take on new debt to lift the economy. The dollar hit a two-week high against the Read More

Yields rise on German fiscal stimulus hopes

4 days ago DieselGasoil Comments Off on Yields rise on German fiscal stimulus hopes
NEW YORK (Reuters) – Benchmark U.S. Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt. FILE PHOTO: A sign marks the U.S Treasury Department in Washington, U.S., August 6, 2018. REUTERS/Brian Snyder Government Read More

Dollar firms, stocks soar on ECB rate cut expectations

4 days ago DieselGasoil Comments Off on Dollar firms, stocks soar on ECB rate cut expectations
NEW YORK (Reuters) – The dollar strengthened while U.S. and European stocks surged on Friday amid growing expectations the European Central Bank will cut interest rates to stimulate the economy and after China said it plans to boost disposable income to spur consumption. Benchmark U.S. Treasury yields rose from three-year lows but government bond yields Read More

‘Nuke Mars’: Elon Musk sets Twitter on fire with interplanetary declaration of war

5 days ago DieselGasoil Comments Off on ‘Nuke Mars’: Elon Musk sets Twitter on fire with interplanetary declaration of war
Serial entrepreneur and part-time meme enthusiast Elon Musk has once again whipped the internet commentariat into a frenzy, this time with a simple, two-word proposition on Twitter: “Nuke Mars!” The idea isn’t necessarily new, Musk has discussed using thermonuclear weapons to ‘nuke’ the Red Planet’s poles to assist in terraforming the planet for future human Read More

American, Southwest Airlines bump more passengers after 737 MAX grounding

5 days ago DieselGasoil Comments Off on American, Southwest Airlines bump more passengers after 737 MAX grounding
WASHINGTON (Reuters) – American Airlines Group Inc (AAL.O) and Southwest Airlines Co (LUV.N) are bumping thousands of passengers off airplanes after their Boeing 737 MAX fleet’s was grounded in mid-March following two fatal crashes. FILE PHOTO: An American Airlines Boeing 737 Max 8, on a flight from Miami to New York City, comes in for Read More