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Asian stocks rise as US rate hopes soothe nerves after torrid week

Asian markets mostly rose Monday as fresh hopes for a US interest rate cut provided some calm after last weeks rollercoaster ride fuelled by worries of a tech bubble.That has been compounded in recent weeks by falling expectations the Federal Reserve will cut rates for a third successive time next month as stubbornly high inflation overshadows weakness in the labour market.

Asian stocks rise as US rate hopes soothe nerves after torrid week

Asian markets mostly rose Monday as fresh hopes for a US interest rate cut provided some calm after last weeks rollercoaster ride fuelled by worries of a tech bubble. That has been compounded in recent weeks by falling expectations the Federal Reserve will cut rates for a third successive time next month as stubbornly high inflation overshadows weakness in the labour market.

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on renewed optimism about the US Fed lowering interest rates at its next monetary policy meeting in December following dovish remarks by New York Fed President John Williams.

How the Nexperia chip crisis upended auto supply chains

A factory next to a weed-ridden lot in Chinas industrial south has become a global choke point for automotive chips, upending a sector that just a few years ago swore it wouldnt be caught again by supply-chain disruptions.

Dave Ramsey sends urgent message on 401(k)s, IRAs

The arrival of Thanksgiving Week signals the beginning of the holiday season that stretches through December and into the new year. As American workers look forward to some much-needed time off and leisure activities with family and friends, many are also considering the financial implications that ...

Why Micron Stock Plummeted This Week

Micron stock got hit with a double-digit sell-off this week, but a major investment firm became increasingly bullish on the stock.