Stock Futures Rise After TSMC Earnings
Stock futures rose modestly as strong results from the chip maker rippled across the market.
Companies Belly Up to Cash Buffet, in Five Charts
With high rates beckoning, the dash to money-market funds and other high-yielding accounts is expected to continue-even if the Fed cuts rates, advisers say.
China Reports Steady Youth Unemployment
China's youth unemployment rate remained steady in March, another tentative sign that the world's second-largest economy could be stabilizing.
EU Car Sales Record Biggest Drop in 16 Months
Registrations of new cars in the European Union fell 5.2% on year in March, the largest monthly drop since November 2022, and in line with a trend of softening demand.
Pension Funds Are Pulling $325 Billion From Stocks
Stock portfolios at large pension funds had a blockbuster run. Now, managers are cashing out and shifting money into bonds.
China Pledges to Steady Yuan as Asian Currencies Come Under Pressure
China's central bank reiterated its commitment to a stable yuan, joining the chorus of Asian officials concerned about weakening regional currencies.
Australia's Labor Market Remains Strong
The Australian unemployment rate edged up in March, but a jump in the number of people in full-time work will continue to feed risk that the country's central bank may sit this year out before cutting interest rates.
Fed's Mester Says Recent Inflation Means Longer Wait for Rate Cuts
Loretta Mester remains optimistic about inflation coming down this year.
China Denounces U.S. Probe Into Shipbuilding Sector
The U.S. Trade Representative plans to open an investigation into China's practices.
BOJ Board Member Noguchi Calls for Cautious Approach on Future Policy-Tightening
The Bank of Japan should proceed carefully with further monetary policy changes, as domestic inflation still isn't very strong, board member Asahi Noguchi said.
(END) Dow Jones Newswires
04-18-24 0715ET
