
Asian Markets Expected to Rise on Optimism; Traders Bet on Fed Rate Changes
Asian stocks anticipated to follow US gains amid positive sentiment, while traders increase bets on potential Federal Reserve rate hikes under new leadership.

Asian stocks anticipated to follow US gains amid positive sentiment, while traders increase bets on potential Federal Reserve rate hikes under new leadership.

A 70-year-old Arizona woman was defrauded of $9,260 through a Bitcoin ATM in a jury duty scam on her birthday.
World's largest meatpacker JBS posted a $617 million adjusted operating loss in its beef division while achieving record fourth-quarter revenue.
Hedge funds have increased bets against the dollar as safe-haven demand for the currency has declined in recent trading.
Doris Fisher, who co-founded the Gap retail chain in 1969 with her husband Don, has died at age 94.
Jack Daniel's maker Brown-Forman is said to prefer French spirits company Pernod Ricard's takeover bid over rival offer from Sazerac.
Volvo Car reported a 10% decline in quarterly sales, citing intensified competition in China and weak U.S. consumer sentiment.

Steve Roth, CEO of Vornado Realty Trust, sparked controversy by comparing anti-wealth rhetoric to racial slurs during a company earnings call.

Accessories retailer Claire's has shut down all standalone stores in the UK and Ireland, resulting in 1,300 job losses.

Financial analysts share perspectives on long-term ETF investing and emerging tokenization opportunities for yield-seeking investors.
Geothermal startup Fervo Energy plans IPO worth up to $6.5B while Regis Resources acquires Vault Minerals for $7.67B gold operation.

New mortgage deals in the UK cost an average of £788 more per year compared to pre-war levels as lenders respond to market uncertainty.

European stock markets showed mixed performance at opening as ongoing military conflicts contributed to trader uncertainty.

Several countries have enacted four-day workweek legislation while businesses remain cautious about implementation despite growing advocacy efforts.
Chinese toy maker Pop Mart reported strong financial results but shares dropped on investor concerns about growth sustainability beyond its popular Labubu character.
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