⚠️BREAKING: *ASIAN STOCKS RISE TO START THE WEEK AS U.S. DEFAULT FEARS EASE, NIKKEI JUMPS TO 33-YEAR HIGH
Other Asian stocks also advanced on comments from top Democrat and Republican lawmakers that they had reached a tentative agreement to raise the U.S. spending limit, barely a week ahead of a deadline for a U.S. default. The agreement is now set to face a vote in Congress this week, although some policymakers still indicated discontent with the deal.
Still, the agreement helped settle weeks of intense negotiations, which had rattled risk driven markets with the prospect of a U.S. default. A default is expected to have dire consequences for the global economy, triggering a U.S. recession and slamming debt markets.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3 investing tips as the federal debt ceiling 'X-date' approachesMany investors are bracing for economic fallout as the federal debt ceiling 'X-date' deadline approaches. Here's how to invest, according to advisors.
Read more »
From Five Chickens to a Thriving Farm: Why Investing in Women Benefits Everyone - Ms. MagazineInvesting in women, whether they are entrepreneurs, teachers or frontline healthcare workers, makes us all—including here in the United States—safer, healthier, more secure, more prosperous and peaceful.
Read more »
Top 5 things to watch in markets in the week ahead By Investing.com⚠️3 Things to Watch This Week: -Debt Ceiling Deal -U.S. Jobs Report -Last Batch of Earnings $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Read more »
Japan's Nikkei share average rises to highest since July 1990Japan's Nikkei share average rose to its highest level since July 1990 on Monday, buoyed by optimism over a U.S. debt ceiling deal and a weaker yen.
Read more »
Japan's Nikkei hits highest since July 1990 on weak yen, US optimismJapan's Nikkei share average rose on Monday to its highest level since July 1990, buoyed by optimism over a U.S. debt ceiling deal and a weaker yen.
Read more »
How the Asian American film community has risen past racism, blocked opportunitiesFor Asian American artists, the success of movies and TV shows like 'Everything Everywhere All at Once' and 'Never Have I Ever' has been a long time coming, after they faced decades of racism and closed doors in Hollywood.
Read more »