Asian stocks sit tight, yen firms as BOJ beckons

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Interest Rates,Microsoft,Yen

Asian stocks clung to familiar ranges on Wednesday after contrasting results from tech bellwether Microsoft and chipmaker AMD suggested a divide in the AI...

Asian stocks clung to familiar ranges on Wednesday after contrasting results from tech bellwether Microsoft and chipmaker AMD suggested a divide in the AI landscape while the yen was firm ahead of the Bank of Japan's policy decision. Central banks dominate investor attention on Wednesday, with the decision from the Federal Reserve also due later in the day with markets expecting the U.S. central bank to stand pat on rates but indicate rate cuts are on the way.

Panama's civil aviation authority has been ordered to apply a "retaliation measure" against Venezuela starting from Wednesday evening, a cabinet spokesperson said on Tuesday without giving further details. Venezuelan President Nicolas Maduro announced he had won a third term shortly after midnight on Monday, but the opposition, independent pollsters and several international leaders have called the result implausible.

The storm, according to the National Weather Service in Flagstaff, dropped more than three inches of rain in parts of the town, causing Cleveland Street to be submerged with water and mud.Mayor Adams defends Tim Pearson adviser on sex harass, retaliation accusations NEW YORK — Mayor Adams once again found himself defending adviser Timothy Pearson on Tuesday in the wake of a lawsuit filed by an NYPD chief alleging Pearson came after members of a special unit who backed sexual harassment allegations against him and that also included allegations of prior sexual misconduct. Adams said Pearson’s status as a key adviser hasn’t changed following the filing of ...

The San Diego City Council on Tuesday considers a plan that will change the size of the community for the next 30 years.Greenfield police go green with new Teslas to cut on costs and emissionsThe increased incidence and intensity of wildfires in Canada and around the world puts children at risk. Experts shared perspectives on the specific challenges of wildfires on children today at UNICEF Canada's roundtable on The Impact of Wildfires on Children.

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