Sri Lanka rupee opens steady at 323.90/324.10 to the dollar, bond yields up

Sri Lanka rupee opens steady at 323.90/324.10 to the dollar, bond yields up

ECONOMYNEXT – Sri Lanka’s education system must change from one that aims to force as much learning as possible at the preschool and primary levels to a more staggered, age-appropriate learning process in line with UNESCO standards, Education Minister Susil Permajayantha said. Speaking at an event on Monday October 16, Premajayantha called for reforms in … Read more

Malaysian, Thai economies suffer as currencies slide vs. dollar

Malaysian, Thai economies suffer as currencies slide vs. dollar

SINGAPORE — Southeast Asian currencies are trading near their lows for the year against the surging dollar, with the Malaysian ringgit and Thai baht leading the decline, as governments and businesses in the region worry about the economic impact of the depreciation. The cheaper currencies are bringing higher import costs. Regional exporters, on the other … Read more

Why the Dollar’s Comeback Could Be Bad News for the Stock Market

Why the Dollar’s Comeback Could Be Bad News for the Stock Market

Why the Dollar’s Comeback Could Be Bad News for the Stock Market After weakening earlier this year, the U.S. dollar is pushing higher and could be headed back toward the 20-year high it touched in 2022. WSJ’s Dion Rabouin explains why this could be bad news for investors. Photo illustration: Noah Friedman Source link

6 things that changed for the stock market overnight – Gift Nifty to falling US consumer confidence

6 things that changed for the stock market overnight – Gift Nifty to falling US consumer confidence

The Indian stock market indices, Nifty 50 and Sensex, are likely to open on a weak note Wednesday following negative cues from global markets. The Asian markets were trading mostly lower, while the US stock market saw sharp losses overnight as investor sentiment remained cautious on high interest rates and its economic fallout. On Tuesday, … Read more

Live updates: Federal government to release new employment strategy, US government shutdown looms, ASX set for weak start after Wall Street weakness

Live updates: Federal government to release new employment strategy, US government shutdown looms, ASX set for weak start after Wall Street weakness

Good morning and welcome to Monday, September 25 — you’re reading the ABC’s markets and business blog. First up, let’s look back at how Wall Street finished up last week. The Dow Jones, S&P500 and Nasdaq were all lower, as the markets come to grips with the US Federal Reserve’s latest warning that inflation is … Read more

Breaking News: Big News About Dollars Holders | Samaa Tv – YouTube

Breaking News: Big News About Dollars Holders | Samaa Tv – YouTube

Breaking News: Big News About Dollars Holders | Samaa Tv  YouTube Source link

Opinion | Stablecoins Can Keep the Dollar the World's Reserve … – The Wall Street Journal

Opinion | Stablecoins Can Keep the Dollar the World's Reserve … – The Wall Street Journal

Opinion | Stablecoins Can Keep the Dollar the World’s Reserve …  The Wall Street Journal Source link

The coming BRICS currency diversification – Opinion

The coming BRICS currency diversification – Opinion

[Photo/VCG] The pressure toward the diversification of world currency reserves is longstanding. It intensified after 2008, but has escalated since 2022. It is a prime topic in the next BRICS Summit that”s likely to further intensify the trend. In 2016, US Treasury Secretary Jack Lew cautioned that “the more we condition the use of the … Read more

Toronto store known for low prices forced to close because of rent hike

Toronto store known for low prices forced to close because of rent hike

An independent retailer that has long been a staple for all kinds of cheaply-priced items in Toronto’s Beaches neighbourhood is suddenly shuttering for good after the property’s landlord unexpectedly jacked up the rent. Locals have noticed some new posters in the windows of Plus Dollar and Bargain at Queen St. E. and Woodbine Ave. announcing an abrupt sale and … Read more

Stock Market Rally 2023: Can It Keep Going

Stock Market Rally 2023: Can It Keep Going

Index Definitions S&P 500 Index: The Standard & Poor’s (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization US stocks. Risk Considerations Equity securities may fluctuate in response to news on companies, industries, market conditions and general economic environment. The value of fixed income securities will fluctuate and, upon a sale, may be worth more or less … Read more