Asian stocks and oil prices slipped on Tuesday as the spread of the Omicron coronavirus variant rattled investors who were already on edge ahead of a slew of central bank decisions this week, including a key Federal Reserve meeting.
The Fed is on Wednesday expected to signal a faster wind-down of its $120 billion a month bond buying programme in a move to fight high inflation, which could move it one step closer to raising interest rates.
"Volatility will remain elevated throughout all of decisions from the Fed, ECB, and BOE," said Edward Moya, senior analyst at OANDA.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian super-apps clear regulatory road – for nowSoutheast Asia’s super-apps are cruising in an express lane – for now. By helping take care of a big part of everyday mobile needs for consumers, they’re keeping governments in the region sweet. It’s a sharp contrast to the regulatory slowdowns confronting Big Tech in the United States, China and beyond.
Read more »
5 Questions With Netflix’s Head of Asian Original DocumentariesAloke Devichand oversees the streamer's rapidly expanding Asian doc slate has included recent hits like 'House of Secrets: The Burari Deaths' and 'Hope Frozen,' which last month won the international Emmy for best documentary.
Read more »
Credit Suisse belatedly unwinds Asian fiefdomNew Credit Suisse Chair António Horta-Osório has wasted no time rationalising the bank’s outdated corporate structure. Making good on a promise made alongside a November strategy update, the Swiss lender on Monday appointed Francesco de Ferrari as its new global head of wealth management. His purview will include Asian private banking, which previously sat under regional boss Helman Sitohang, along with the local investment bank.
Read more »
Japan’s ‘Drive My Car’ Is Asian Oscar Favorite in International CategoryRyûsuke Hamaguchi’s “Drive My Car,” Japan’s entry to the Academy Awards’ international category, looks to be the odds on favorite from Asia to win the category. The dr…
Read more »
Asian American Studies Is Crucial for Achieving Climate SolutionsSince the coronavirus pandemic began, there have been numerous reports about discrimination and violence against Asian Americans. In response, now is a chance to prioritize Asian American studies as a way to work towards both racial and environmental justice.
Read more »
Asian stocks rise Monday as U.S. markets gear up to start week at record heightsChina stocks were being undergirded Monday by a vow from Communist Party leaders to take new steps to avert an economic 'hard landing.'
Read more »