2024-08-14

Japan Prime Minister Fumio Kishida will not run for party reelection

Japanese Prime Minister Fumio Kishida attends a State Department luncheon held in his honor in Washington, U.S., April 11, 2024.  Craig Hudson | Reuters Japan’s Prime Minister Fumio Kishida announced Wednesday he will not be running in the Liberal Democratic Party presidential election due next month. Kishida said in a press conference that it is important for the LDP…

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2024-08-05

Stocks, data and earnings as volatility continues

LONDON — European markets fell sharply at the start of the new trading week, though pared losses towards the end of the session amid a global stock sell-off. The regional Stoxx 600 index closed 2.17% lower, pulling back from declines of more than 3% as the technology sector clawed back some ground to end 0.9% lower. All sectors and…

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2024-08-03

How Japan’s yen could be ripping through U.S. stocks

A man walks past an electronic quotation board displaying the exchange rate for the Japanese yen against the US dollar in Tokyo on August 2, 2024 Kazuhiro Nogi | Afp | Getty Images The key driver of global markets is the yen exchange rate, according to one financial historian, who warned the trend should concern those “entirely focused on…

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