Stocks in Asia got a lift from Japan on Friday while Treasuries were mixed as investors evaluated how far the Federal Reserve must jack up interest rates to ensure high inflation keeps cooling. Japan added about 2% in a catch-up rally as the equity market there reopened from a holiday but Australia and Hong Kong struggled. US futures fluctuated after the S&P 500 and Nasdaq 100 gave up intraday g...

Finance minister Nirmala Sitharaman on Thursday called for a ‘genuine debate’ on the raging issue of ‘freebies’ being resorted to by political parties and governments.The contentious issue gathered traction after Prime Minister Narendra Modi last month cautioned people against the ‘revari culture’ under which votes are sought by pledging freebies. This was followed by the Supreme Court...

Cryptocurrencies prices today surged after a softer-than-expected inflation report, with Ethereum leading the pack. The world's largest and most popular cryptocurrency Bitcoin was trading over 7% higher at $24,348. The global crypto market cap today was above the $1 trillion mark, as it was up over 7% in the last 24 hours at $1.21 trillion, as per CoinGecko.On the other hand, Ether, the coin linke...

Bitcoin price slumped, erasing all of the prior session’s gains and ending a four-day winning streak as crypto investors brace for Wednesday’s US inflation data. The world's largest and most popular cryptocurrency Bitcoin was trading over 4% lower at $22,863. The global crypto market cap today was above the $1 trillion mark, even as it was down over 3% in the last 24 hours at $1.13 trillion, a...

US Stocks retreated as a downbeat outlook from another giant chipmaker added to recession fears, with many traders unwilling to make any risky bets before Wednesday’s pivotal inflation reading. A rally in the S&P 500 from its June lows hit a wall amid a fourth straight day of losses. The Nasdaq 100 underperformed as Micron Technology Inc.’s warning showed more evidence of the collapsing deman...