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US futures sluggish ahead of Fed rate decision

By MediaIntel.Asia

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U.S. futures dipped Wednesday ahead of the Fed’s 19-member policy committee meeting, where benchmark interest rates are expected to be lifted to the highest level in about 15 years.
Futures…

Why We Believe the U.S. Still Has the Upper Hand in War Over Taiwan Opinion

By MediaIntel.Asia

A war over Taiwan would directly challenge U.S. interests. Avoiding such a conflict while still maintaining American goals for peace and security is among the most vexing problems confronting U.S. political leaders. However, recently conducted simulat…

Markets settle marginally higher ahead of Budget, US Fed’s rate decision

By MediaIntel.Asia

Equity benchmarks ended with marginal gains on Tuesday as investors adopted a cautious approach ahead of the Union Budget presentation and the US Federal Reserve’s interest rate decision.
Fag-end buying helped the 30-share BSE benchmark Sensex settle …

McDonald’s Q4 earnings beat estimates, boosted by higher menu prices, digital sales

By MediaIntel.Asia

McDonald’s (MCD) posted fourth-quarter earnings results Tuesday morning that beat expectations, with same-store sales boosted by increased higher menu prices, guest counts, and marketing efforts.
In the year ahead, the company expects inflation pressu…

China lobbies Dutch to defend trade after chip curbs

By MediaIntel.Asia

FILE – the logo of ASML, a leading maker of semiconductor production equipment, hangs on the head office in Veldhoven, Netherlands, Monday, Jan. 30, 2023. China’s foreign minister appealed Tuesday, Jan. 31, 2023, to his Dutch counterpart to defend fre…

FOREX-Dollar climbs before Fed, but set for fourth monthly drop

By MediaIntel.Asia

The dollar ticked higher on Tuesday ahead of a raft of central bank decisions but remained on track for its fourth consecutive monthly loss. The U.S. Federal Reserve will set interest rates on Wednesday, followed by the European Central Bank (ECB) and…

China accuses Washington of abusing export controls

By MediaIntel.Asia

FILE – Netherland’s Prime Minister Mark Rutte, left, speaks with U.S. President Joe Biden during a round table meeting at a NATO summit in Madrid, Spain, June 29, 2022. Biden is set to host Dutch Prime Minister Mark Rutte for talks. The U.S. administr…

Renault to lose 28% stake in Nissan in restructuring deal

By MediaIntel.Asia

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Members of the Renault-Nissan-Mitsubishi Motors alliance are expected to give final approval to a restructuring deal that would cut Renault’s ownership stakes within the longtime partnership. File photo by Keizo Mori/UPI | License Photo
Jan. …

Will India, Japan join Australia, US and UK to form NATO-like alliance to counter China in Indo-Pacific?

By MediaIntel.Asia

Amid growing Chinese aggression, the UK has called for the formation of a NATO-like military alliance in the Indo-Pacific.
It has also called for the inclusion of India and Japan in the AUKUS security pact.
“The chair of the UK’s defence select commit…

NATO’s Stoltenberg in South Korea to deepen ties in Asia

By MediaIntel.Asia

NATO Secretary General Jens Stoltenberg arrived in South Korea on Sunday, the first stop on a trip that will include Japan and is aimed at strengthening ties with the U.S. allies in the face of the war in Ukraine and rising competition with China. In …