Page 16 - Sam Holmes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A data heavy session, headlined by euro zone inflation figures for April, awaits Europe in an action-packed week that got off to a volatile start courtesy of the flailing yen. The will-they-or-won't-they discussion has moved to did-they-or-didn't-they a day after a suspected intervention by Japanese authorities hauled the yen off 34-year lows. The details are murky and perhaps the confirmation remains some time away as Japan's top currency diplomat Masato Kanda declined again on Tuesday to comment on whether the finance ministry had intervened to prop up the yen a day earlier.

Amy Wang was counting on a 100,000 yuan ($13,800) subsidy promised by authorities in the eastern Chinese city of Weifang to fit and furnish an apartment she bought two years ago. "I feel under a lot of pressure," said Wang, who works in electronics manufacturing, and bought the bare shell of her apartment, without floors, interior walls or other fittings - which is common in China. Weifang, with a population of more than 9 million and an economy larger than Croatia's, and dozens of other Chinese cities, have promised subsidies and other incentives to homebuyers to prop up the ...

A look at the day ahead in European and global markets from Ankur Banerjee: A data heavy session, headlined by euro zone inflation figures for April, awaits... -April 30, 2024 at 12:30 am EDT - MarketScreener

By Clare Jim and Xie Yu HONG KONG (Reuters) -Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing inventory, boosting sales and lifting home purchase restric...

Japan's yen strengthened sharply on Monday in a move market participants said pointed to yen-buying intervention from Japanese authorities to stabilise the sliding currency. After...