Chinese stocks are headed for the best week since 2008 as Beijing rolled out a huge stimulus package to revive the economy, lifting Asian shares to 2-1/2-year highs, while a sharp fall in oil prices bodes well for disinflation globally. The yen retreated to three-week lows ahead of a leadership contest of Japan's ruling Liberal Democratic Party on Friday, as investors looked to gauge what it could mean for the country's rate hike path.
Sri Lanka's central bank kept interest rates unchanged on Friday in line with expectations as the island nation waits for policy clarity after electing a new president to steer it out of the worst financial crisis in decades. The Central Bank of Sri Lanka kept the Standing Deposit Facility Rate at 8.25% and the Standing Lending Facility Rate at 9.25%.
Hundreds of Florida College Students Are Sheltering on Campus Ahead of Hurricane Helene's Landfall: 'I Miss My Bed'The Browns have been without tight end David Njoku since he left the Week 1 game against the Dallas Cowboys with an ankle injury. However, it seems it may not be much longer before the team gets Njoku back as he inches near a return.As global markets react to the recent U.S.