Business

Asian benchmarks mostly rise, led by a post-election rally in Japan

Tuesday, February 10 by SRN News

TOKYO (AP) - Asian shares were mostly higher Tuesday as Japan's benchmark topped new highs after a historic election win for the nation's first female prime minister. Japan's benchmark Nikkei 225 jumped 2.6% to 57,821.58. The index recorded a 3.9% jump to a record... Read More.

Australia business activity slows slightly in January, costs pressures ease

Tuesday, February 10 by SRN News

SYDNEY, Feb 10 (Reuters) - A measure of Australian business conditions dipped slightly in January as sales and profits slowed a little, a survey showed on Tuesday, while cost pressures were the lowest since 2021 in a hopeful sign for future inflation. The survey from... Read More.

Fed’s Miran says weaker dollar not affecting monetary policy choices

Tuesday, February 10 by SRN News

Feb 9 (Reuters) - Federal Reserve Governor Stephen Miran said Monday a weaker dollar isn't much of an issue for the central bank right now. The kind of decline seen in the dollar "doesn't matter that much for consumer inflation" and only would if it... Read More.

Asia stocks rise as Nikkei sets fresh record, dollar drops

Tuesday, February 10 by SRN News

By Gregor Stuart Hunter SINGAPORE, Feb 10 (Reuters) - Asian stocks advanced for a second day in early trading on Tuesday, led by an extended rally in Tokyo's benchmark after Japanese Prime Minister Sanae Takaichi's decisive election victory over the weekend. MSCI's broadest index of Asia-Pacific... Read More.

Dollar soft ahead of US data, yen holds onto its gains after election

Tuesday, February 10 by SRN News

By Ankur Banerjee and Jiaxing Li SINGAPORE, Feb 10 (Reuters) - The U.S. dollar nursed steep losses on Tuesday ahead of a slate of economic data that will shape the interest rate path, while the yen held on to its gains in the wake of... Read More.

Oil drifts lower as traders weigh supply risks amid U.S.–Iran tensions

Tuesday, February 10 by SRN News

Feb 10 (Reuters) - Oil prices eased slightly on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz kept attention squarely on tensions between Washington and Tehran. Brent crude oil futures were down 25 cents,... Read More.

Israeli strikes kill 3 people in Gaza, hospital says

Tuesday, February 10 by SRN News

DEIR AL-BALAH, Gaza Strip (AP) - Israeli military strikes on Monday killed three people west of Gaza City, according to the hospital where the casualties arrived. Shifa Hospital reported the deaths amid the months-old ceasefire that has seen continued fighting. The Israeli army said... Read More.

US wants firms to commit to new AI data center compact, Politico reports

Tuesday, February 10 by SRN News

Feb 9 (Reuters) - President Donald Trump's administration wants technology companies to commit to a new compact concerning AI data centers, Politico reported on Monday, citing two administration officials. The draft compact sets out commitments to make sure data centers do not raise household... Read More.

US plans Big Tech carve-out from next chip tariffs, FT reports

Tuesday, February 10 by SRN News

Feb 9 (Reuters) - U.S. President Donald Trump's administration plans to spare firms such as Amazon, Google and Microsoft from upcoming tariffs on chips as they build AI data centers, the Financial Times reported on Monday, citing people familiar with the matter. The carve-outs... Read More.

Teamsters union sues UPS over new driver buyout program

Tuesday, February 10 by SRN News

Feb 9 (Reuters) - The Teamsters Union said on Monday it had sued United Parcel Service, alleging the delivery giant's fresh buyout packages for drivers violated their national contract. The two agreed to a contract deal covering 340,000 Teamsters-represented workers in 2023. The deal averted... Read More.

Current Weather

Asian benchmarks mostly rise, led by a post-election rally in Japan

Australia business activity slows slightly in January, costs pressures ease

Fed’s Miran says weaker dollar not affecting monetary policy choices

Asia stocks rise as Nikkei sets fresh record, dollar drops

Dollar soft ahead of US data, yen holds onto its gains after election

Oil drifts lower as traders weigh supply risks amid U.S.–Iran tensions

Israeli strikes kill 3 people in Gaza, hospital says

US wants firms to commit to new AI data center compact, Politico reports

US plans Big Tech carve-out from next chip tariffs, FT reports

Teamsters union sues UPS over new driver buyout program

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