Real-time Financial News

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2024-10-28 Monday
  • 17:00:59

    The United States plans to open a new embassy in Vanuatu early next year, a senior U.S. official said.

  • 16:46:09

    National Hurricane Center: Tropical Depression "Philip" continues to move westward, and this low pressure system is expected to develop into a tropical storm on Sunday.

  • 14:41:09

    Advisor to the leader of Armenia’s Karabakh region: The Armenians of Karabakh will not live in Azerbaijan, 99.9% of the Armenians of Karabakh will leave, and according to the ceasefire agreement, the use of force is being renounced.

  • 13:31:11

    [US media: The U.S. Congress is not expected to reach a compromise, and the damage will not be too great but not inconsequential] Barron’s pointed out that the U.S. Congress is not expected to reach a compromise, nor is it expected to maintain the government before the start of the new fiscal year on October 1 Operational plan. A number of factors appear to be eroding confidence that lawmakers can reach a deal by the end of next week. While government shutdowns reflect how partisanship and grandstanding hamper U.S. politics, they tend not to cause much disruption to markets. After all, they have become relatively common, do not last long, only non-essential services are stopped, and furloughed employees are paid in full by the government once normal operations resume. However, this does not mean that the government shutdown is a completely irrelevant matter. Historical data before and after the previous 19 government shutdowns show that the S&P 500 tends to decline in the week before a shutdown, a pattern that has become more pronounced since 1995.

  • 09:43:05

    US President Biden: Republicans should abide by budget agreement.

  • 09:34:54

    Ashwini Vishnu, India’s Minister of Electronics and Information Technology, said that India is working on two “major semiconductor project proposals” that are expected to take shape in the next few months.

  • 08:28:51

    Saudi Foreign Minister Faisal bin Farhan said in a speech at the UN General Assembly that Saudi Arabia supports the stability of the global energy market and that the OPEC+ policy will help stabilize the energy market.

  • 08:17:06

    [Republicans in the U.S. House of Representatives discuss amending the temporary funding bill: changing the duration from 31 days to 14 to 60 days] Rep. Graves, an ally of U.S. House Speaker McCarthy, said that the Republican Party is considering a temporary funding bill that will last from 14 to 60 days. House Republicans will advance four funding bills next week, but with just seven days until government funds run out, lawmakers need to pass a short-term measure to avoid a government shutdown. Republicans previously proposed a 31-day continuing resolution that would cut domestic spending and include a border bill, but faced some opposition. Now, House Republicans are racing to draft a new continuing resolution to gain enough support this week. The revised temporary bill being discussed would temporarily cut domestic spending by 27%, compared with the 8% cut in the original plan; include an immigration and border security bill and establish a debt commission to study welfare cuts.

  • 08:04:19

    U.S. Republican Congressman Gretl Graves: Republicans are considering a temporary funding bill that will last 14 to 60 days.

  • 20:44:44

    Market News: The wage increase agreement reached between the Ford Motor Company of Canada (Unifor) and Ford Motor Company (FN) sees all categories of monthly base benefits and special allowances in workers’ defined benefit pension plans reduced starting January 1, 2024. will increase.

  • 20:35:52

    Market News: Ford Motor Canada (Unifor) reached a record wage increase agreement with Ford Motor Company (FN) and secured $10,000 in productivity and quality bonuses for workers. In the first year of the deal, workers, including temporary workers, will start at nearly $30 an hour.

  • 19:47:05

    According to Nikkei: As part of the upcoming stimulus measures, the Japanese government is considering reducing the tax burden on manufacturers in important fields such as chips and batteries within 5-10 years, and considering providing support in areas where private companies face high entry risks. .

  • 18:21:05

    The U.S. National Hurricane Center said: Tropical Storm "Ophelia" made landfall in North Carolina.

  • 17:36:18

    Italy is reconsidering a windfall tax on banks to give them the option to add to their reserves rather than pay the tax, the draft shows.

  • 17:32:34

    Market news: India will extend the import license for laptops by one year.

  • 17:13:28

    The Biden administration is in preliminary talks with Vietnam and plans a large-scale arms transfer that could include fighter jets, sources said.

  • 16:13:13

    Market news: British Finance Minister Hunt met with the CEO of Amazon (AMZN.O) on September 23.

  • 15:54:29

    ECB Governing Council member Villeroy: Fuel prices will not affect the 2% inflation rate in 2025.

  • 15:18:41

    Gazprom: It will continue to deliver natural gas to Europe through Ukraine, with a delivery volume of 41.8 million cubic meters on Saturday.

  • 14:12:47

    According to Corriere della Sera: Italy will limit the scope of levying a windfall profits tax on the banking industry.

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