Page 116 - Bon News Today

(Bloomberg) -- The Treasury market appears more likely to respond in a logical way to Wednesday’s Federal Reserve communications because of indications that the past week’s U.S. stock-market bloodbath cleared out a crowded camp of bets on higher yields.

(Bloomberg) -- Asian stocks looked set for a choppy start Tuesday after U.S. shares wiped out a 4% rout to close higher in a wild session roiled by concerns over Federal Reserve policy tightening and geopolitical tension. Futures for Japan, Australia and Hong Kong pointed lower earlier.

BURNS night is here, and the shops are stocked full of that great chieftain o the pudding-race, haggis.

Global traders already on tenterhooks over this week’s key Federal Reserve meeting had their nerves frazzled further Tuesday by Australian inflation data that smashed expectations, a surprise monetary tightening in Singapore and further volatility in U.S. equity futures.

(Bloomberg) -- Pakistan’s central bank has abandoned its goal of moving real interest rates into positive territory after the government tightened its fiscal policy settings, Governor Reza Baqir said.

UBON launched its new BT – 350 AIR SHARK TWS Truly Wireless Earbuds in India for Rs. 3,999. The TWS earbuds are available in Black and White colours and available at major e-commerce platforms and offline stores across the nation.

Monday’s U.S. market action was wilder than most in its history, with the S&P 500 falling about 4% before ending slightly higher.  While positive turnarounds are often viewed as a good sign, that might not be the case here.

(Bloomberg) -- Bally’s Corp. jumped after Standard General offered to buy the remaining shares of the casino and entertainment company that it doesn’t already own.

(Bloomberg) -- Poland’s zloty is once again caught up in investor concerns about growing tensions between Russia and Ukraine. The currency has weakened for the second straight day on Tuesday, despite signals of more aggressive interest-rate increases from the central bank’s governor.

(Bloomberg) -- Hungary will probably raise its base interest rate for an eighth consecutive month after inflation failed to slow in line with the central bank’s forecasts. The National Bank of Hungary will boost the required reserve rate to 2.7% from 2.