Asia stocks cautious as oil gains and yields rise
Brent rose 1.6% to $106.00 a barrel and US crude added 1.1% to $93.47. The 30-year Treasury yield nudged up to 5.5185% while the dollar index hit two-month peaks.
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REG — Baker Steel Res.Tst. — Half — year Report
For best results when printing this announcement, please click on link below: RNS Number: 0615W Baker Steel Resources Trust Ltd 24 September 2026 BAKER STEEL RESOURCES TRUST LIMITED (Incorporated in Guernsey with registered number 51576 under the provisions of The Companies (Guernsey) Law, 2008 as amended) 24 September
Fed raises benchmark rate for first time since July 2023
The Federal Reserve lifted its benchmark interest rate to a 3.75% to 4% range in a unanimous vote on Wednesday, marking the first hike since July 2023. The move implies higher borrowing costs while boosting yields on cash and short-term fixed-income holdings.
Fed raises discount rate to 4.00%
The Fed raised the discount rate to 4.00%.
Navan raises full-year outlook after Q2 growth
Navan said total GBV rose 45% year over year to more than $3 billion in Q2 2027. The company said it exceeded expectations for revenue and non-GAAP operating income and raised its full-year outlook.
U.S. jobs data drives sharp rotation across stocks, bonds and gold
U.S. equities slipped as August payrolls of 162,000, far above the 55,000 consensus, pushed traders toward a higher Fed-rate path. Chips outperformed while software, retail, gold and bitcoin weakened.
Trump Administration Targets Hospital Markups on Discounted Medicare Drugs, Says New Rule Could Save Patients $1.1 Billion Next Year: Report
The Trump administration proposed a new rule Thursday aimed at preventing hospitals from marking up discounted drugs for Medicare patients, saying the change could save consumers $1.1 billion next year, according to estimates obtained by the Associated Press. Rule Targets Hospital Drug Markups The rule would apply to h