Yemen's Houthi rebels fired two missiles targeting a Liberian-flagged container ship in the Gulf of Aden, though the projectiles splashed down nearby without causing any damage, authorities said Saturday. The attack comes after the Houthis repeatedly assaulted and then boarded a Greek-flagged oil tanker in the nearby Red Sea, planting explosives on it they later detonated. In the attack Friday night, two missiles exploded in close proximity to the vessel some 240 kilometers (150 miles) east of Aden, the British military's United Kingdom Maritime Trade Operations center said.
(Bloomberg) -- Inflation cooled in the US and Europe, setting the stage for policymakers in both regions to lower interest rates in September.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowOn a three-month annualiz
(Bloomberg) -- Global investors are boosting exposure to Indonesia and Malaysia on bets the two markets will benefit more than their developing-nation peers as the Federal Reserve looks set to embark on monetary easing.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsAs Rural
A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data and the Federal Reserve's expected rate cuts in September. As the market's fortunes keep rising and falling with big tech stocks such as Nvidia and Apple, investors are also putting money in less-loved value stocks and small caps, which are expected to benefit from lower interest rates. The Fed is expected to kick off a rate-cutting cycle at its monetary policy meeting on Sept. 17-18.
(Bloomberg) -- Treasury yields rose Friday as inflation data reinforced the outlook for a less-aggressive pace of Federal Reserve interest-rate cuts starting next month and investors anticipated an increase in global bond supply.Most Read from BloombergDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessA Guide to Urban Swimming in Europe, Beyond the SeineTurkey Plans Istanbul Taxi Surge to Tackle Complaint
(Bloomberg) -- Speculative traders turned bearish on the dollar for the first time since February as the Federal Reserve looks set to kick off its easing cycle in September.Most Read from BloombergDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessA Guide to Urban Swimming in Europe, Beyond the SeineTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsAs Rural Hospitals Shutter Maternity Wards, Urban Ones
