Asian Stocks to Open Mixed, Yen Lowest Since 1990: Markets Wrap

-- Asian stocks are set for a mixed open as US shares slumped following a batch of poor corporate earnings, while currency traders will remain on edge after the yen fell to a 33-year low. Oil surged back above $85 a barrel.Apple Plans AirPods Overhaul With New Low- and High-End Models, USB-C Headphones

Currency traders will remain on alert after the rise in Treasury yields pushed the Japanese yen to close at 150.23 per dollar on Wednesday, the weakest since August 1990. The move increases the risk of intervention from the authorities in Tokyo, who have repeatedly said they wouldn’t rule out any options to curb against the excessive moves.

Apple Inc. raised prices of its Apple TV+, Arcade gaming and News+ subscription services on Wednesday, in a move that could generate more revenue for its increasingly key services division. Short-seller Carson Block said he’s shorting Sunrun Inc. again, part of a short theme he calls the “ESG hustle.”

'Probably the best use of cash': Warren Buffett likes businesses that dole out dividends — but he absolutely loves it when they do this instead. 3 'share cannibals' to watch now

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European shares slip on mixed earnings, energy stocks dragExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Stock market today: Asian shares mostly rise after US stocks wobble as Treasury bond yields veerTOKYO (AP) — Shares mostly rose Tuesday in Asia after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after creeping above 5%...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian stocks bounce on China spending plans; inflation jolts AussieChina led Asia's stock markets higher on Wednesday as investors cheered the approval of a trillion-yuan sovereign bond issue as a harbinger of stimulus...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian stocks bounce on China spending plans; inflation jolts AussieExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Stock market today: World shares mixed after China pledges more support for slowing economyBANGKOK (AP) — World shares were mixed Wednesday after China pledged more spending to energize its economy. Benchmarks fell in Paris, Frankfurt, Sydney and...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Nasdaq slides after mixed big tech resultsThe Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »